Form D · Other Investment Fund

Promised Land Opportunity Zone Fund I, LLC

Aurora, IL · CIK 0001835338

Offering snapshot reported Dec 22, 2021 · SEC filing

Reported sold
$32.3M
Indefinite offering
Investors reported
19
Form D · investor count
Minimum accepted
$75K
Reported outside-investor minimum
First sale
Dec 29, 2020
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$16.1M$32.3MMay 25, 2021: $30,300,000.00May 25, 2021Dec 22, 2021: $32,250,000.00Dec 22, 2021

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$30,300,000 → $32,250,000

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Dec 22, 2021Amendment$32,250,000$1,950,000vs May 25, 202119SEC filing
May 25, 2021Amendment$30,300,000No comparisonNot reportedSEC filing
Apr 9, 2021Amendment$29,800,000No comparisonNot reportedSEC filing
Dec 29, 2020InitialYet to sellNo comparison0SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06c, 3C, 3C.1
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-384527
There is no maximum offering amount, but the Issuer's target raise is between $50M and $250M.

Source: Form D, filed Dec 22, 2021. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

PROMISED LAND OPPORTUNITY ZONE FUND I, LLC

Investment adviser: SERVANT FINANCIAL, LTD.

Gross asset value
$56.5M
Beneficial owners
22
ADV minimum commitment
$75K

Reported in Form ADV on Jul 17, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator ALTER DOMUS INDIANAPOLIS, Indiana, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor PLANTE MORAN DENVER, Colorado, United States
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
No
Administrator other than the adviser
Yes
External marketing
No

PLANTE MORAN
PCAOB 6581

Filing source

Form ADV 2120045 · Jul 17, 2026 · Schedule D 7.B.(1), fund 805-8743252925

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

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
John Heneghan Director, Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
2112 W. Galena Blvd., Ste. 8 437
Aurora, IL, 60506