Michael Vick has been ordered to pay the Royal Bank in Canada a sum of $2.5 million, the Atlanta Journal Constitution is reporting.

The United States District Court for the Eastern District of Virginia granted a motion Wednesday for summary judgement against Vick for default and breach of a Jan. 18, 2007, promisary note.

Vick was found in default of $2,421,170.90. He must also pay interest at a rate of $499 per diem from Sept. 19, 2007 from May 7, 2008, a total of 231 days and a total value of $115,269. Vick must also pay attorney’s fees and additional costs totaling $11,950.97.

The Royal Bank sent a letter to Vick on Aug. 31, 2007, demanding that he repay the line of credit issued in January 2007, reportedly for a real-estate venture. The money was not to be used for personal, family or household purposes, the AJC found.

The lawsuit claimed that Vick was in default of the loan for “numerous reasons.”

Vick is currently serving a 23-month sentence in federal prison for a felony conviction on dogfighting charges.

Source: Profootballtalk.com, AJC. May 8 – 12:45 p.m. et