Form D · Commercial Banking
South Atlantic Bancshares, Inc.
Myrtle Beach, SC · CIK 0001703265
Offering snapshot reported Dec 23, 2021 · SEC filing
- Reported sold
- $30M Offering amount: $30M
- Investors reported
- 24 Form D · investor count
- Minimum accepted
- $100K Reported outside-investor minimum
- First sale
- Dec 16, 2021 As reported in this filing
What changed?
Latest filing versus its linked predecessor, where available.
No comparable changes in the displayed metrics.
Filing history
Scroll to see all columns →
| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Dec 23, 2021 | Initial | $30,000,000 | No comparison | 24 | SEC filing |
| Apr 10, 2017 | Initial | $20,000,000 | No comparison | 25 | SEC filing |
Offering details
- Securities
- Debt
- Exemptions
- 06b
- Duration over one year
- No
- Business combination
- No
- Sales commissions
- $600K
- Finders' fees
- $0
- Form D file number
- 021-426478
Sales compensation recipients
Scroll to see all columns →
| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| N/A | None | Performance Trust Capital Partners, LLC · CRD 36155 |
Source: Form D, filed Dec 23, 2021. 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 |
|---|---|
| James. Jr. Carson Benton | Director |
| James, Jr. Carson Benton | Director |
| Thomas C. Brittain | Director |
| Richard N. Burch | Director, Executive |
| Tony K. Cox | Director |
| Clarence, Jr. A. Elmore | Executive |
| Miles M. Herring | Director |
| Martha S. Lewis | Director |
| Travis A. Minter | Executive |
| R. Scott Plyler | Director, Executive |
| Jack Jr. L. Springs | Director |
| Albert Iv A. Springs | Director |
| Albert, Iv A. Springs | Director |
| Jack, Jr. L. Springs | Director |
| Michael, Sr. C. Tawes | Director |
| Michael Sr. C. Tawes | Director |
| Zeb Jr. M. Thomas | Director |
| K. Wayne Wicker | Director, Executive |
| Edgar L. Woods | Director |
Issuer details
Industry: Commercial Banking (See others in industry)
Address:
630 29th Avenue North
Myrtle Beach, SC, 29577
Myrtle Beach, SC, 29577