The Closing At The Cutting Table Took His Keys Away
Part 7 · 4 min read ·
Preston did not agree to sell that afternoon.
For three days, his lawyer and Mika's lawyer exchanged figures. I received copies only of the terms that touched my loan and bench.
When Preston called, I let Ruth answer him in writing.
He could keep his interest and face the company's problems with Mika, or he could accept a price based on the shop as it stood. Nobody offered to fund the lounge.
By Thursday, he chose the price.
Mika agreed to pay $42,000 from her own savings for his sixty percent. Of that money, $18,600 would go straight to the company, repaying his unapproved fee. He would receive the remaining $23,400.
All three parties signed instructions allowing the money to move that way.
"It still costs me forty-two thousand," Mika told me.
"I read that."
"I need you to know I understand it."
"I do."
The landlord accepted a separate written agreement ending the warehouse lease. He kept $4,200 of the deposit and returned $4,200. The release stated that no further rent was due.
The empty warehouse stayed empty.
Before any closing money arrived, Mika had my bench moved back beneath the long windows. Preston signed a written acknowledgment of my continuing right of use. Ruth checked the clear work area herself.
It was done within the notice period.
Mika asked whether I wanted the water ring sanded away.
"Clean it and oil it," I said. "Leave the edge alone."
She knew which part of the edge I meant.
Then came the new loan application.
Amaya had Mika submit a plan for the current shop, supported by its orders and ordinary cash flow. The request was $96,000. Mika would give a personal guarantee. The lender would take security in the business assets after my equipment lien was released.
The review took another week. Amaya called twice about small differences in the cash forecast. June found one shipping bill entered twice and corrected it.
Nobody called her difficult.
When the credit committee approved the smaller loan, Mika brought me the figures herself.
"Sixty thousand pays your principal," she said. "One hundred fifty settles the final interest. Your legal bill is twenty-two hundred fifty. Paul's review is twenty-four hundred. That leaves thirty-one thousand two hundred from the loan."
The company would also have Preston's returned fee and the landlord's refund. The reserve was for wages, cloth, and normal shop bills.
"No room for a cocktail station," I said.
"We already own a kettle."
We closed on the last business day of June. The next loan installment to me would have been due July 1.
The office table was too small for all the papers, so we used the cutting table after Ben covered it with clean packing sheets.
Preston came with his lawyer. His tie clip was gone.
He put the keys on the packing sheets one at a time. I recognized the square brass head of the old front-door key. The new one beside it was brighter and had hardly any wear.
The closing agent checked the wire confirmations. Mika's purchase money went where the settlement directed. Preston signed the share transfer, resigned as manager, and surrendered the company cards and keys.
As sole member, Mika signed the written decision naming herself manager. June would have direct access to the monthly bank statements and would send Mika a debt report every month.
I signed a receipt for the loan payoff.
Ruth authorized the filing that would terminate my equipment lien. She had kept the bench agreement out of the release and attached the new acknowledgment to the closing packet.
Preston watched her separate the pages.
"So even paid in full, he keeps coming here?"
"That was the agreement," Mika said.
He looked toward the windows. My tools were already back in their tray.
One more paper remained: a correction to the open-house announcement, agreed as part of the settlement. Preston would state that my contribution had been a secured loan and that the bench access was a company obligation. Mika would send it to the original guest list with the revised business plan.
No one had to pretend I had been living on his kindness.
He signed.
After he left, I checked the cutter's serial plate against the release schedule. Then I put the paid note in my folder.
Mika stood beside the bench with her hand over the notch.
"Will you come tomorrow?" she asked.
"During shop hours."
She laughed, then wiped her face with her sleeve.
We were locking up when the letter carrier stepped inside with a certified envelope. It held the state's filing confirmation Ruth had requested during the review, showing my original lien under the company's correct name.
It had arrived after the money, but I kept it.
There was one more envelope beneath it, addressed to Mika from her family lawyer.