Figg’s Ordinary

Bakery

Overview

Raised to Date: 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    Open SEC Filing

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
unlikely
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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Figg’s Ordinary on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt

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