In the black speak it roughly translate to:

Oooooooooohhhh…

Who lives in a pineapple under the sea?

SpongeBob SquarePants!

Absorbent and yellow and porous is he.

SpongeBob SquarePants!

If nautical nonsense, be something you wish.

SpongeBob SquarePants!

Then drop on the deck and flop like a fish!

SpongeBob SquarePants!