Data / Crowdfunding / Massachusetts / Granite Coast Brewing Co Inc
Granite Coast Brewing Co Inc: crowdfunding raise on MainVest, Inc., $35,000 to $85,000 (2022)
Granite Coast Brewing Co Inc, a corporation in Marblehead, MA, filed a Form C with the SEC on March 7, 2022 to raise $35,000 to $85,000 in debt through MainVest, Inc.. The offering closed on May 6, 2022. In its most recent fiscal year it reported $174,865 in revenue and a net loss of $1,149, with 2 employees.
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- Website
- www.granitecoastbrewing.com
- Funding portal
- MainVest, Inc.
- Address
- 8 WEST ST, Marblehead, MA 01945
- Legal form
- Corporation
- Jurisdiction
- MA
- Incorporated
- February 7, 2015
- SEC CIK
- 0001913876
Offering terms
From the offering filed March 7, 2022.
- Security
- Debt
- Price
- $1.00
- Target
- $35,000
- Maximum
- $85,000
- Deadline
- May 6, 2022
- Portal compensation
- MainVest will be paid Three (3) Percent of the amount of the Offering raised by "In-Network Users" of the Platform plus Nine (9) Percent of the amount of the Offering raised by all other investors.
Financials
From the Form C-U filed May 13, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $174,865 | $129,449 | sec.gov |
| Cost of goods sold | $33,409 | $7,451 | sec.gov |
| Net income | $-1,149 | $7,561 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $240,780 | $252,384 | sec.gov |
| Cash | $36,760 | $20,892 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $117,940 | $115,371 | sec.gov |
| Long-term debt | $10,000 | $10,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 13, 2022 | Progress update | $35,000 | $85,000 | May 6, 2022 | At the close of the offering, the issuer closed on $67,500. The funds are currently being processed. The actual amount may be lower. | sec.gov |
| March 7, 2022 | Offering | $35,000 | $85,000 | May 6, 2022 | sec.gov |
Updated May 13, 2022. 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.