Company Offering
Investment Security Details
Submission
Offering Statement
Nature of Ammendment
The deadline for the offering has been extended to April 7, 2021. In addition, the minimum raise amount has been decreased from $100,000 to $50,000
Price of Security
$10.00
Capital Type
Debt
Price Detail
This is a debt security and the yield at which the bonds pay interest is determined by the market rate yield range for similar SBA loans in the market as of November 2020. The yield is fixed and determined upfront at 8%.
Investing Platform Detail
Platform Comp
SMBX will be charging a capital raise fee of 3.5% (up to $7,175 based on the total amount raised)
Offering Company Details
Executive Signatory
Christopher Fontenot
Title
CEO
Website
http://www.ourlifefoods.com/
Employee Count at Offering
1
SEC CIK
1689683
FILE NUMBER
020-27381
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