Figg’s Ordinary
Bakery
Overview
Raised: $19,155
Total Commitments ($USD)
Platform
Honeycomb
Start Date
03/09/2023
Close Date
04/24/2023
Min. Goal
$25,000
Max. Goal
$100,000
Min. Investment
$100
Security Type
Debt
SEC Filing Type
RegCF
Interest Rate
11.50%
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/23/2023
Days Remaining
32
% of Min. Goal
77%
% of Max. Goal
19%
Likelihood of Max
Avg. Daily Raise
$1,368
# of Investors
17
Momentum
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Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Location
Chestertown, Maryland
Figg’s Ordinary is raising funds on Honeycomb. It is a bakery based in Chestertown, Maryland, known for its gluten-free crackers. It is a dedicated gluten and refined sugar-free bakery and cafe and uses high-quality ingredients to make its bread, pizza crusts, pie shells, muffins, scones, brownies, and cookies. Figg’s Ordinary also serves artisan coffee, teas, organic smoothies, salads, sandwiches, quiches, and soups. Ingrid Hansen founded Figg’s Ordinary in October 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $100,000. The campaign proceeds will be used for employee wages and expenses, insurance, purchasing a floor mixer, small ware and supplies, packaging, website, and working capital.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$110,007 |
$0 |
|
COGS |
$31,535 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-52,622 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$3,080 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$76,796 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$44,304 |
$0 |
|
Total Liabilities |
$44,304 |
$0 |
Financials as of: 03/09/2023
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