No. The original Spongebob series is all about fun, friendship and adventures in Bikini Bottom. The 'Spongebob real story' is a completely different and often very dark and inappropriate take that has nothing to do with the original positive nature of the show.
The main character of the American animated series," He was a square yellow sponge living in a pineapple on Bikini Beach. He was the senior chef of King Krabby Castle and liked to catch jellyfish. His pet was a small sea snail that could call out "cat ~ cat ~" He was optimistic and naive. He could always cause trouble in a peaceful world, but he could always get out of trouble in the end. His friends included Patrick Star, Brother Octopus, and Sandy. "SpongeBob SquarePants" was one of the most popular TV series in the United States. It was voted the most popular cartoon at the American Children's Choice Awards for seven consecutive years from 2003 to 2009.
A new character, like a traveling musician fish. Spongebob is always open to new things and experiences, and a music - loving fish could charm him with her melodies. She could perform at the Krusty Krab and Spongebob would be entranced by her talent.
The bully in 'The Bully on a Christmas Story' is Scut Farkus. He is a key figure in the story's narrative of childhood experiences. Scut Farkus represents the kind of bully that many kids might encounter during their school days. He's got that look about him that just screams trouble. His interactions with the main characters, like Ralphie, are what drive a lot of the conflict in the story. He's always causing some sort of problem or scaring the other kids, which is a central part of the story's plot that focuses on the challenges and adventures of childhood during Christmas time.
I'm not sure specifically which 'Christmas Story' you are referring to. There could be various interpretations. Maybe it's a character who teases the protagonist or causes trouble during the Christmas events in that particular story.
Mr. Krabs would probably be thinking about how this could be good for business. He might see it as an opportunity to create a new tourist attraction. Patrick would be really happy for Spongebob at first, but then he might get a bit jealous because he doesn't want to lose his best friend. Squidward would be extremely annoyed by all the commotion and the fact that he has to be part of the wedding in some way.