More Red Lobster locations in danger of closing

 

(CNN)– Red Lobster has identified the locations in danger of shutting down if a court approves its plan following bankruptcy.

One of those restaurants includes the Red Lobster on Knox Abbott Drive in Cayce.

The company filed for bankruptcy last month and wants to shutter several dozen more restaurants.

Red Lobster said it had more than a million dollars in debt and less than 30 million in cash on hand.

The chain plans to sell its business to its lenders in return for financing to keep operating.

It closed roughly 50 U.S. locations a few weeks before bankruptcy.

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