Data / Crowdfunding / Ohio / Back Development LLC
Back Development LLC: crowdfunding raise on Honeycomb Portal LLC, $10,000 to $27,100 (2019)
Back Development LLC, a limited liability company in Brook Park, OH, filed a Form C with the SEC on October 24, 2019 to raise $10,000 to $27,100 in debt through Honeycomb Portal LLC. The offering closed on December 23, 2019. In its most recent fiscal year it reported $120,755 in revenue and a net loss of $53,117, with 2 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- www.backattacksnacks.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 5121 W. 161ST ST., Brook Park, OH 44142
- Legal form
- Limited Liability Company
- Jurisdiction
- OH
- Incorporated
- January 21, 2015
- SEC CIK
- 0001786077
Offering terms
From the offering filed October 24, 2019.
- Security
- Debt
- Price
- $1.00
- Target
- $10,000
- Maximum
- $27,100
- Deadline
- December 23, 2019
- Portal compensation
- If total amount raised is between $10K-$19,999, the fee will be 8% of the total offering. If total amount raised is between $20K-$27,100 the fee will be 7% of the total offering. Also, 2.85% per investment (capped @ $37.25) and a $250 posting fee
Financials
From the Form C filed October 24, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $120,755 | $111,142 | sec.gov |
| Cost of goods sold | $57,379 | $71,161 | sec.gov |
| Net income | $-53,117 | $-13,678 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $53,190 | $43,411 | sec.gov |
| Cash | $3,384 | $13,786 | sec.gov |
| Accounts receivable | $4,548 | $4,856 | sec.gov |
| Short-term debt | $33,715 | $10,033 | sec.gov |
| Long-term debt | $75,760 | $61,941 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 24, 2019 | Offering | $10,000 | $27,100 | December 23, 2019 | sec.gov |
Updated October 24, 2019. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.