Form D · Commercial Banking

Progress Financial Corp

Huntsville, AL · CIK 0001675203

Offering snapshot reported Jan 5, 2017 · SEC filing

Reported sold
$9.27M
Offering amount: $10M
Investors reported
116
Form D · investor count
Minimum accepted
$45K
Reported outside-investor minimum
First sale
Jul 7, 2016
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$4.63M$9.27MJul 18, 2016: $577,500.00Jul 18, 2016Jan 5, 2017: $9,267,435.00Jan 5, 2017

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$577,500 → $9,267,435
  • Reported investors6 → 116

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jan 5, 2017Amendment$9,267,435$8,689,935vs Jul 18, 2016116SEC filing
Jul 18, 2016Initial$577,500No comparison6SEC filing

Offering details

Securities
Equity
Exemptions
06b
Duration over one year
No
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-267215

Source: Form D, filed Jan 5, 2017. 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.

People and organizations reported in Form D filings
NameReported role
Phillip Wind Bentley, Iii Director
Sheila Brooks Brown Director
James Edward Propst Buchanan Executive
Jim Dale Caudle, Jr. Director
Lee Roy Hoekenschnieder Director, Executive
Eric Wilfred Janssen Director
Sean Johnson Executive
Bhavani Kanaka Durga Kakani Director
Andy Mann Executive
Dabsey Gray Maxwell Executive
David Lee Nast Director, Executive
Bruce Shelby Ward Pylant Executive
Doug Ruggles Director
Charles Guilford Vaughn Director
Lawrence Clark Weaver Director

Issuer details

Industry: Commercial Banking (See others in industry)

Address:
201 Williams Avenue
Huntsville, AL, 35801