Remember in the first several posts, I had mentioned leaving the new department of that one company to work part-time for my old boss? Well, thank God and what a blessing, but the company wanted to hire me full-time. I could still work from home but had to commute an hour+ or so north for meetings, training, or to make an appearance now and again in the office. That was the end of October 2007. This couldn’t have come at a better time. We were losing so much money from this fitness facility and needed the extra money. I had no desire to be at the business anymore. Membership was still dropping like flies, none of the women members were interested in helping out by having their friends join, “Devri” was still being “Devri” – a diva, complaining, self-fish etc. I HATED going there. I was depressed and felt like a fool. I blamed myself for all of this. Now with a full-time job, I had an even better excuse not to go there unless I just wanted to pop in and make an appearance or drop off supplies. Of course “Devri” didn’t approve of me, the owner, having a full-time job. It was okay for “Kevin” but not for me. Why would I want to go to a place that drove me into more of a depressed phase and recluse? If the business was thriving and I had employees and clients that actually cared about people other than themselves, I would have been there all the time. That wasn’t the case. My marriage was being strained because of our finances due to this horrible mistake and being taken advantage of by “Kevin” and crew.
When I started working full-time, we put the business up for sale. We didn’t have the money that was needed to advertise consistently. We never had enough money to buy the business period but “Phil” was another one who was only worried about his pay day and not his novice clients. I’m not saying none of this is our fault because I could have handled myself differently after losing my job after the promotion and my husband could have stepped up and said we couldn’t do this; however that is not an excuse to be preyed on. We tried to make the best of the situation and tried to refinance our business loan that we received from “Phil’s” guy. We went to the local branch of the bank we received the loan from. When we discussed with one woman higher up in the branch, she had the ordacity to say to my husband and I, “How did you get this loan? You should have never been given it in the first place.” YA THINK? When we explained “Phil” and “Phil’s” connection, she made a call to the branch where “Phil’s” guy worked to get his assistance. It turned out that the individual that got us the loan no longer worked for this one particular bank. Hmmmm You don’t say . . . Maybe all his “friendly transactions” finally caught up to him. She had us sit down with a woman in charge of Small Business loans. We will call her “Barbara.” When we explained the situation to “Barbara” she had the nerve to turn around and blame us! She told us we surrounded ourselves with the wrong people and why would they refinance a loan for a business that has negative income. UM maybe because you had a crook in your loan division that qualified us without any collateral to begin with? She told us the only way we could refinance the business loan was to default on it. Please someone out there tell me how that makes any sense. WHY would we default on a loan that is automatically withdrawn from our business checking account #1 and #2 Why would we lower our FICO scores? This made absolutely no sense to us. They wouldn’t take any responsibility. So we left. In the next couple of weeks we tried again. We tried to reason with her by telling her that we are people that stick to their commitments and want to pay our debts but need some assistance like a lower payment. SNAKE EYES! We backed “Barbara” into a corner, so what did she do now? She blamed SBA and said you cannot refinance a SBA loan. I told her we did not have a SBA loan because SBA said the particular gym we bought discriminated against men and didn’t allow loans for this purchase. She insisted we had a SBA loan. After that meeting, I called SBA. I spoke to the Assistant Director of SBA who searched every record in the SBA database. You ready for his reply? “Maam, you do not have a SBA loan. I don’t know who told you this but I hope you are documenting everything.” Oh my God it was getting worse. I felt like “Kevin” was a dark cloud following us around puppeteering these people. The only thing we could do at that point was wait to see if maybe we could sell the business. In the meantime, we would pay down our business debts with the extra money coming in from my full-time job.
There may be a second post tonight to continue. Keep following and checking back!