Data / Crowdfunding / Michigan / Purpose8 Real Estate, LLC
Purpose8 Real Estate, LLC: crowdfunding raise on NSSC Funding Portal, LLC, $25,000 to $200,000 (2022)
Purpose8 Real Estate, LLC, a limited liability company in Redford, MI, filed a Form C with the SEC on May 31, 2022 to raise $25,000 to $200,000 in debt through NSSC Funding Portal, LLC. The offering closed on September 30, 2022. In its most recent fiscal year it reported $0 in revenue and a net loss of $8,013.
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- Website
- www.kornrstore.com
- Funding portal
- NSSC Funding Portal, LLC
- Address
- 19815 NEGAUNEE, Redford, MI 48240
- Legal form
- Limited Liability Company
- Jurisdiction
- MI
- Incorporated
- December 26, 2018
- SEC CIK
- 0001931256
Offering terms
From the amendment filed May 31, 2022.
- Security
- Debt
- Price
- $1.00
- Target
- $25,000
- Maximum
- $200,000
- Deadline
- September 30, 2022
- Portal compensation
- $2,500 onboarding fee + 5% of amount raised
Financials
From the Form C-AR filed March 22, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-8,013 | $-20 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $38,345 | $30,332 | sec.gov |
| Cash | $35,046 | $60 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $43,000 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 22, 2023 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| March 22, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| October 3, 2022 | Progress update | $25,000 | $200,000 | September 30, 2022 | Minimum target goal and target date have both been reached. Offering is closed. | sec.gov |
| May 31, 2022 | Amendment | $25,000 | $200,000 | September 30, 2022 | Correction of some typos. | sec.gov |
| May 27, 2022 | Offering | $25,000 | $200,000 | September 30, 2022 | sec.gov |
Updated March 22, 2023. 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.