Robert

So the business is a split between my mother-in-law, father-in-law, my sister-in-law and her husband, and my wife and I. It's not exactly one-third all the way around, but it's pretty close.

My wife and I own 30% together.

My wife and I own 30% together.

My wife and I own 30% together.

So we're going to owe about $21,500 in the next six months of rent to our lease agreement with the landlord. We owe $74,500 approximately through a PPP loan. Thanks, COVID, for making things difficult, of course. And then the last part is about $70,000 that my father-in-law, when we initially purchased the business, he fronted that through his retirement account account.

So we're going to owe about $21,500 in the next six months of rent to our lease agreement with the landlord. We owe $74,500 approximately through a PPP loan. Thanks, COVID, for making things difficult, of course. And then the last part is about $70,000 that my father-in-law, when we initially purchased the business, he fronted that through his retirement account account.

So we're going to owe about $21,500 in the next six months of rent to our lease agreement with the landlord. We owe $74,500 approximately through a PPP loan. Thanks, COVID, for making things difficult, of course. And then the last part is about $70,000 that my father-in-law, when we initially purchased the business, he fronted that through his retirement account account.

taking a loan on his IRA or something like that. And even though that part's not, you know, like legally actionable debt, I think it's morally and ethically the right thing to do to pay him back as well.

taking a loan on his IRA or something like that. And even though that part's not, you know, like legally actionable debt, I think it's morally and ethically the right thing to do to pay him back as well.

taking a loan on his IRA or something like that. And even though that part's not, you know, like legally actionable debt, I think it's morally and ethically the right thing to do to pay him back as well.

He and his wife together own 40% with my sister-in-law having the last 30%.

He and his wife together own 40% with my sister-in-law having the last 30%.

He and his wife together own 40% with my sister-in-law having the last 30%.

This is basically everything. Now, I understand that my father-in-law could kind of absolve that $70,000 if he wanted. That's his, I guess.

This is basically everything. Now, I understand that my father-in-law could kind of absolve that $70,000 if he wanted. That's his, I guess.

This is basically everything. Now, I understand that my father-in-law could kind of absolve that $70,000 if he wanted. That's his, I guess.

Right, right.

Right, right.

Right, right.

Actually, I got notice about an hour ago that he's willing to do a little bit of negotiation, so we might be able to knock that number down significantly. Oh, good. That does change the formula with his father-in-law then. Yeah, yeah. And like I said, the last wrench in the gear here is that my wife has that PPP loan that's almost $75,000. She is the sole guarantor on that. Holy crap. Yeah. Yeah.