Data / Crowdfunding / South Carolina / Franklin 107 East Park, LLC
Franklin 107 East Park, LLC: crowdfunding raise on Vicinity LLC, $725,000 to $1,235,000 (2023)
Franklin 107 East Park, LLC, a limited liability company in Greenville, SC, filed a Form C with the SEC on January 31, 2023 to raise $725,000 to $1,235,000 in Membership Units through Vicinity LLC. The offering closed on February 14, 2023. In its most recent fiscal year it reported $19,560 in revenue and a net loss of $120,877.
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.franklinredev.corn
- Funding portal
- Vicinity LLC
- Address
- 107 E Park Ave, Greenville, SC 29601
- Legal form
- Limited Liability Company
- Jurisdiction
- SC
- Incorporated
- October 21, 2022
- SEC CIK
- 0001954565
Offering terms
From the amendment filed January 31, 2023.
- Security
- Membership Units
- Price
- $1.00
- Target
- $725,000
- Maximum
- $1,235,000
- Deadline
- February 14, 2023
- Portal compensation
- The Company shall pay to Vicinity at each closing of the offering a fee consisting of a 4% commission based on the dollar amount received from US investors in the Offering for all payments received.
Financials
From the Form C-AR filed March 11, 2026.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $19,560 | $350 | sec.gov |
| Cost of goods sold | $0 | $118,006 | sec.gov |
| Net income | $-120,877 | $-117,656 | sec.gov |
| Taxes paid | $7,568 | $0 | sec.gov |
| Total assets | $2,405,869 | $2,412,505 | sec.gov |
| Cash | $2,651 | $6,083 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $214,227 | $77,062 | sec.gov |
| Long-term debt | $1,361,232 | $1,384,155 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 11, 2026 | Annual report | Not listed | Not listed | sec.gov | ||
| July 25, 2025 | Progress update | $725,000 | $1,235,000 | February 14, 2023 | The deal successfully closed on 2/17/2023 having successfully raised $905,643.00 from committed investments by the deadline, according to the final accounting. | sec.gov |
| February 3, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| April 19, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| January 31, 2023 | Amendment | $725,000 | $1,235,000 | February 14, 2023 | Extending the offering deadline. | sec.gov |
| November 18, 2022 | Offering | $725,000 | $1,235,000 | January 31, 2023 | sec.gov |
Updated March 11, 2026. 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.