The Paper Canopy

The Paper Canopy

Vibrant stationery, curated paper goods, and art supplies

Vibrant stationery, curated paper goods, and art supplies

Overview

Raised to Date: Raised: $36,200

Total Commitments ($USD)

Platform

Honeycomb

Start Date

05/17/2023

Close Date

06/16/2023

Min. Goal
$30,000
Max. Goal
$60,000
Min. Investment

$100

Security Type

Debt

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.75%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

06/29/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,248

# of Investors

41

Momentum
Funded
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Year Founded

2021

Industry

Arts & Crafts

Tech Sector

Location

CHARLESTON, South Carolina

The Paper Canopy is raising funds on Honeycomb. With over 20 years of retail and sales experience, founder Casey Berry established The Paper Canopy in 2021 and launched its online site in 2022. After a year of successful online and pop-up shop sales, the company is establishing its first retail store in Charleston, SC. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $60,000. The campaign proceeds will be used to cover rental, staff, and advertising costs, as well as purchase inventory.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$13,349

$0

COGS

$12,426

$0

Tax

$0

$0

 

 

Net Income

$-5,065

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$-2,778

$0

Accounts Receivable

$0

$0

Total Assets

$-2,778

$0

Short-Term Debt

$2,655

$0

Long-Term Debt

$0

$0

Total Liabilities

$2,655

$0

Financials as of: 05/17/2023
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The Paper Canopy on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt

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