About CommLoan
CommLoan is a private company based in Scottsdale, Arizona. It has reported $26,202,200 raised in five offerings on Form D since November 2016. Its chief executive is Mitchell Ginsberg.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Sep 8, 2022 | Mar 5, 2025 | $11,969,688of $12.2M target | 55 | $217K | Equity, Series A-1 and A-2 Preferred Stock and the securities into which those shares shall convert.Rule 506(b) | Form D ↗ |
| Sep 8, 2022 | Sep 16, 2022amended Sep 5, 2024 | $10,384,488of $10.7M target | 50 | $207K | Equity, Series A-1 and A-2 Preferred Stock and the securities into which those shares shall convert.Rule 506(b) | Form D/A ↗2 earlier filings |
| Mar 25, 2020 | Mar 26, 2020 | $360,000of $1.0M target | 1 | $360K | Equity, Securities on exercise, SAFE (Simple Agreement for Future Equity) and the securities into which the SAFE will be converted.Rule 506(b) | Form D ↗ |
| Aug 30, 2017 | Sep 11, 2017amended Dec 6, 2018 | $835,000of $1.5M target | 24 | $34,792 | Debt, Convertible Promissory Notes and Securities into which the Notes may be converted.Rule 506(b) | Form D/A ↗1 earlier filing |
| Nov 14, 2016 | Nov 30, 2016amended May 19, 2017 | $2,653,024of $3.7M target | 10 | $265K | EquityRule 506(b) | Form D/A ↗2 earlier filings |
| Total, five offerings | $26,202,200 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on CommLoan's Form D filed Mar 5, 2025.
SS
Steven Schwarz
Director
MM
Marc Mirbod
Executive officer and director
LR
Lindsay Rodgers
Executive officer
AS
Alan Schnaid
Director
JD
John Dorsey
Director
MG
Mitchell Ginsberg
CEO and director
GC
Greg Cole
Director
Earlier filings also listed Thomas Peterson (director, last listed Mar 2020), Mitch Ginsberg (ceo and director, last listed Mar 2020), Peeyush Dayal (executive officer, last listed Dec 2018) and Art Carll-Tangora (executive officer, last listed May 2017).