Form D · Commercial

Springbank Capital Advisors, LLC

Winnetka, IL · CIK 0001661404

Offering snapshot reported Dec 28, 2017 · SEC filing

Reported sold
$5.88M
Offering amount: $17.7M
Investors reported
20
Form D · investor count
Minimum accepted
$1
Reported outside-investor minimum
First sale
Jan 20, 2017
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$2.94M$5.88MFeb 3, 2017: $3,525,000.00Feb 3, 2017Feb 6, 2017: $3,525,000.00Feb 8, 2017: $3,525,000.00Feb 9, 2017: $3,525,000.00Dec 28, 2017: $5,875,000.00Dec 28, 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$3,525,000 → $5,875,000

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Dec 28, 2017Amendment$5,875,000$2,350,000vs Feb 9, 201720SEC filing
Feb 9, 2017Amendment$3,525,000$0vs Feb 8, 201720SEC filing
Feb 8, 2017Amendment$3,525,000$0vs Feb 6, 201720SEC filing
Feb 6, 2017Amendment$3,525,000$0vs Feb 3, 201720SEC filing
Feb 3, 2017Initial$3,525,000No comparison20SEC filing

Offering details

Securities
Debt, Security to be acquired
Exemptions
06b
Duration over one year
No
Business combination
No
Sales commissions
$194K
Finders' fees
$0
Form D file number
Not reported
Each of Springbank Capital Advisors, LLC, and SB Winnetka, LLC and SB One Winnetka, LLC, two wholly-owned subsidiaries of Springbank Capital Advisors, LLC, have issued the securities. Peter McDonnell is the authorized signatory for the 3 entities.
There is a commission of up to 4% to broker on sales.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
David A. Noyes & Company205

Source: Form D, filed Dec 28, 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
Jeffrey Krol Director
Peter Mc Donnell Director, Executive
Thomas Scott Director
David Trandel Director

Issuer details

Industry: Commercial (See others in industry)

Address:
515 Lincoln Ave Suite 100
Winnetka, IL, 60093