Data / Crowdfunding / Oregon / PANCO FOODS INC.
PANCO FOODS INC.: crowdfunding raise on SMBX, Inc., $10,000 to $500,000 (2025)
PANCO FOODS INC., a corporation in Portland, OR, filed a Form C with the SEC on January 30, 2025 to raise $10,000 to $500,000 in debt through SMBX, Inc.. The offering closed on March 27, 2025. In its most recent fiscal year it reported $2,882,541 in revenue and a net loss of $1,117,251, with 14 employees.
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- Website
- www.mushroomjerky.com
- Funding portal
- SMBX, Inc.
- Address
- 315 SE 8th Ave, Portland, OR 97214
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- December 28, 2020
- SEC CIK
- 0001952718
Offering terms
From the offering filed January 30, 2025.
- Security
- Debt
- Price
- $10.00
- Target
- $10,000
- Maximum
- $500,000
- Deadline
- March 27, 2025
- Portal compensation
- SMBX will be charging a capital raise fee of 6.00% (up to $30,000 based on the total amount raised). Every month until the security is paid off, SMBX will also be charging a $50.00 payment processing fee to the Issuer.
Financials
From the Form C filed January 30, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $2,882,541 | $3,148,758 | sec.gov |
| Cost of goods sold | $2,004,155 | $1,895,680 | sec.gov |
| Net income | $-1,117,251 | $-956,498 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $2,226,921 | $1,843,697 | sec.gov |
| Cash | $159,617 | $759,114 | sec.gov |
| Accounts receivable | $334,202 | $381,186 | sec.gov |
| Short-term debt | $2,434,781 | $1,965,317 | sec.gov |
| Long-term debt | $1,344,841 | $613,830 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| January 30, 2025 | Offering | $10,000 | $500,000 | March 27, 2025 | sec.gov |
Updated January 30, 2025. 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.