Houston-based restaurateurs Chris and Harris Pappas have agreed to guarantee up to $13 million in Luby’s Inc. debt as the cafeteria chain absorbs the bankrupt Fuddruckers hamburger chain.

The Pappas brothers own 31 percent of the company’s stock, or 8.8 million shares. Chris Pappas is president and chief executive of Luby’s, and Harris Pappas is chief operating officer. The two also operate the popular Pappas Brothers steakhouses and other Pappas-named chains.

Luby’s said Monday it has completed the purchase of Fuddruckers for $63.45 million.

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