Form D · Commercial Banking
GRANDSOUTH BANCORPORATION
Greenville, SC · CIK 0001126961
Offering snapshot reported Nov 30, 2020 · SEC filing
- Reported sold
- $18M Offering amount: $18M
- Investors reported
- 24 Form D · investor count
- Minimum accepted
- $0 Reported outside-investor minimum
- First sale
- Nov 13, 2020 As reported in this filing
What changed?
Latest filing versus its linked predecessor, where available.
No comparable changes in the displayed metrics.
Filing history
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| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Nov 30, 2020 | Initial | $18,000,000 | No comparison | 24 | SEC filing |
| Dec 7, 2018 | Initial | $444,780 | No comparison | 7 | SEC filing |
| Dec 4, 2018 | Initial | $10,000,000 | No comparison | 6 | SEC filing |
| Feb 11, 2016 | Initial | $12,000,000 | No comparison | 58 | SEC filing |
Offering details
- Securities
- Debt
- Exemptions
- 06b
- Duration over one year
- No
- Business combination
- No
- Sales commissions
- $360K
- Finders' fees
- $0
- Form D file number
- 021-381737
Sales compensation recipients
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| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| Performance Trust Capital Partners, LLC | 36155 |
Source: Form D, filed Nov 30, 2020. Minimum accepted may differ from a standard advertised minimum.
Fund connections
No confirmed ADV fund connection is available for this issuer.
People & organizations
Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.
| Name | Reported role |
|---|---|
| Ronald K Earnest | Director, Executive |
| Harold E. Garrett | Director |
| John B. Garrett | Director, Executive |
| Mason Y Garrett | Director, Executive |
| Michael L. Gault | Director |
| Baety O Gross | Director |
| Baety O. Gross, Jr. | Director |
| S Hunter Howard | Director |
| S. Hunter Howard, Jr. | Director |
| Anthony P. Morgan | Director |
| S Blanton Phillips | Director |
| J. Randolph Potter | Director |
| J Calhoun Pruitt | Director |
| J. Calhoun Pruitt, Jr. | Director |
| Edward M. Rast | Director |
| James B Schweirs | Director |
| James B Schwiers | Director, Executive |
| J.B. Schwiers | Director, Executive |
| John W Shealy | Director |
| John W. Shealy, Jr. | Director, Executive |
Issuer details
Industry: Commercial Banking (See others in industry)
Address:
381 Halton Road
Greenville, SC, 29606
Greenville, SC, 29606