Productive Coffee Shop to expand product base & retail space

| Listing Information | |||
|---|---|---|---|
| Amount: | $15,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 27% |
| Lender Rate: | 13% | Borrower: | javadelights |
| Finished | State: | FL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 1 month late | Origination Date: | 2008-03-07 | EricsCC ROI: | -43% |
| Status History | |
|---|---|
| Mar 07, 2008 | Current |
| Jul 23, 2008 | Late |
| Aug 02, 2008 | Current |
| Sep 23, 2008 | Late |
| Oct 02, 2008 | Current |
| Oct 23, 2008 | Late |
| Nov 08, 2008 | 1 month late |
| Nov 20, 2008 | Current |
| Nov 22, 2008 | Late |
| Dec 09, 2008 | 1 month late |
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Purpose of loan: This loan is to expand our current variety of coffee, tea and pastries, upgrade our current espresso machine, upgrade our current blenders and expand current store size My financial situation: We are a specialty coffee shop that just finished an amazing first year. Being the only coffee shop in our town, our business has flourished beyond our expectations. We have itemized Profit and Loss reports if desired. We have no outstanding debts, other than rent and utilities. |
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