ST. JOSEPH COUNTY, Ind.—Despite the chain restaurant, Bar Louie's, announcement on Monday that it's filing for bankruptcy, Mishawaka’s own Bar Louie location is “alive and well,” according to one of the owners, Andy Knapick.

In fact, the Mishawaka location will soon move over to the new Grandview Development at Cleveland Road and Gumwood Road, as early as the springtime, Knapick said.

Knapick released the following statement on Monday regarding the restaurant's future:

"Bar Louie Mishawaka is alive and well and we're excited to move into

our new location at Cleveland and Gumwood later this spring. Locally, we

are coming off one of our stronger years since opening Bar Louie

Mishawaka in 2008 and expect to take the brand to the next level in our

new location. We hope to build off our 11-plus years of success in the

market with the new three-story location complete with a dance floor,

banquet facilities and a rooftop bar as the restaurant anchor of Phase

II of the GrandView development. While Sun Capital decided to close 38

under-performing corporate locations, it still leaves more than 90 great

stores nationwide, including our three franchised locations which are

very healthy and looking forward to continued success for years to

come."

According to a report from CNN, the company announced that it would shutter 38 “under-performing locations to strengthen its operational and financial position.” Local media reports showed that multiple locations in Ohio, Wisconsin, Michigan and Colorado have closed.