Data / Crowdfunding / District of Columbia / M&T Hospitality LLC
M&T Hospitality LLC: crowdfunding raise on SMBX, Inc., $10,000 to $75,000 (2024)
M&T Hospitality LLC, a limited liability company in Washington, DC, filed a Form C with the SEC on October 15, 2024 to raise $10,000 to $75,000 in debt through SMBX, Inc.. The offering closed on November 26, 2024. In its most recent fiscal year it reported $8,151 in revenue and a net loss of $171,308, with 15 employees.
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- Website
- www.mitadc.com
- Funding portal
- SMBX, Inc.
- Address
- 804 V ST NW, Washington, DC 20001
- Legal form
- Limited Liability Company
- Jurisdiction
- DC
- Incorporated
- April 12, 2021
- SEC CIK
- 0002039978
Offering terms
From the offering filed October 15, 2024.
- Security
- Debt
- Price
- $10.00
- Target
- $10,000
- Maximum
- $75,000
- Deadline
- November 26, 2024
- Portal compensation
- SMBX will not be charging a capital raise fee as these bonds are part of the DC Rebuild program. Every month until the security is paid off, SMBX will be charging a $25.00 payment processing fee to the Issuer.
Financials
From the Form C filed October 15, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $8,151 | $55,885 | sec.gov |
| Cost of goods sold | $20,480 | $16,848 | sec.gov |
| Net income | $-171,308 | $44 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $158,514 | $213,972 | sec.gov |
| Cash | $158,023 | $169,504 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $131,090 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 15, 2024 | Offering | $10,000 | $75,000 | November 26, 2024 | sec.gov |
Updated October 15, 2024. 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.