Loan Automatic, LLC

State Juristiction
DE
Date of Incorporation
2020-01-22
CIK
1828718
Legal Form
Limited Liability Company
Offering via Wefunder Portal LLC aka Wefunder
  • As of 2020-11-12, raising $50,000.00-$1,070,000.00 via 50,000+ of Simple Agreement for Future Equity (SAFE) at $1.00 by 2021-04-30Costing 4% in cash and 0% in equity
  • As of 2021-04-13, raising $50,000.00-$1,070,000.00 via 50,000+ of Simple Agreement for Future Equity (SAFE) at $1.00 by 2021-07-31Costing 4% in cash and 0% in equity
  • As of 2021-07-12, raising $50,000.00-$5,000,000.00 via 50,000+ of Simple Agreement for Future Equity (SAFE) at $1.00 by 2022-04-30Costing 4% in cash and 0% in equity
  • As of 2022-09-20, raising $25,000.00-$2,400,000.00 via 25,000+ of SAFE (Simple Agreement for Future Equity) at $1.00 by 2022-12-31Costing 6% in cash and 2% in equity
Filing date2020-11-122021-04-132021-07-122022-09-092022-09-20
Current employees66680
Act received most recent fiscal year$24,790.00$0.00$0.00$40,798.00$0.00
Act received prior fiscal year$0.00$0.00$0.00$32,808.00$0.00
Cash equi most recent fiscal year$5,200.00$382,108.00$382,108.00$63,927.00$11,845.00
Cash equi prior fiscal year$0.00$0.00$0.00$382,108.00$382,108.00
Cost goods sold most recent fiscal year$0.00$0.00$0.00$0.00$0.00
Cost goods sold prior fiscal year$0.00$0.00$0.00$0.00$0.00
Long term debt most recent fiscal year$0.00$600,099.00$600,099.00$1,660,729.00$1,693,686.00
Long term debt prior fiscal year$0.00$0.00$0.00$685,607.00$600,099.00
Net income most recent fiscal year$4,495.00-$50,352.00-$53,088.00-$913,199.00-$940,207.00
Net income prior fiscal year$0.00$0.00$0.00-$53,088.00-$53,088.00
Revenue most recent fiscal year$24,790.00$32,808.00$32,808.00$41,140.00$40,798.00
Revenue prior fiscal year$0.00$0.00$0.00$32,808.00$32,808.00
Short term debt most recent fiscal year$174,095.00$82,772.00$85,508.00$95,976.00$116,665.00
Short term debt prior fiscal year$0.00$0.00$0.00$85,508.00$85,508.00
Tax paid most recent fiscal year$0.00$0.00$0.00$0.00$0.00
Tax paid prior fiscal year$0.00$0.00$0.00$0.00$0.00
Total asset most recent fiscal year$178,590.00$695,184.00$695,184.00$925,088.00$879,721.00
Total asset prior fiscal year$0.00$0.00$0.00$695,184.00$695,184.00
Offering via OpenDeal Portal LLC aka Republic
  • As of 2020-11-12, raising $50,000.00-$1,070,000.00 via 50,000+ of Simple Agreement for Future Equity (SAFE) at $1.00 by 2021-04-30Costing 4% in cash and 0% in equity
  • As of 2021-04-13, raising $50,000.00-$1,070,000.00 via 50,000+ of Simple Agreement for Future Equity (SAFE) at $1.00 by 2021-07-31Costing 4% in cash and 0% in equity
  • As of 2021-07-12, raising $50,000.00-$5,000,000.00 via 50,000+ of Simple Agreement for Future Equity (SAFE) at $1.00 by 2022-04-30Costing 4% in cash and 0% in equity
  • As of 2022-09-20, raising $25,000.00-$2,400,000.00 via 25,000+ of SAFE (Simple Agreement for Future Equity) at $1.00 by 2022-12-31Costing 6% in cash and 2% in equity
Filing date2020-11-122021-04-132021-07-122022-09-092022-09-20
Current employees66680
Act received most recent fiscal year$24,790.00$0.00$0.00$40,798.00$0.00
Act received prior fiscal year$0.00$0.00$0.00$32,808.00$0.00
Cash equi most recent fiscal year$5,200.00$382,108.00$382,108.00$63,927.00$11,845.00
Cash equi prior fiscal year$0.00$0.00$0.00$382,108.00$382,108.00
Cost goods sold most recent fiscal year$0.00$0.00$0.00$0.00$0.00
Cost goods sold prior fiscal year$0.00$0.00$0.00$0.00$0.00
Long term debt most recent fiscal year$0.00$600,099.00$600,099.00$1,660,729.00$1,693,686.00
Long term debt prior fiscal year$0.00$0.00$0.00$685,607.00$600,099.00
Net income most recent fiscal year$4,495.00-$50,352.00-$53,088.00-$913,199.00-$940,207.00
Net income prior fiscal year$0.00$0.00$0.00-$53,088.00-$53,088.00
Revenue most recent fiscal year$24,790.00$32,808.00$32,808.00$41,140.00$40,798.00
Revenue prior fiscal year$0.00$0.00$0.00$32,808.00$32,808.00
Short term debt most recent fiscal year$174,095.00$82,772.00$85,508.00$95,976.00$116,665.00
Short term debt prior fiscal year$0.00$0.00$0.00$85,508.00$85,508.00
Tax paid most recent fiscal year$0.00$0.00$0.00$0.00$0.00
Tax paid prior fiscal year$0.00$0.00$0.00$0.00$0.00
Total asset most recent fiscal year$178,590.00$695,184.00$695,184.00$925,088.00$879,721.00
Total asset prior fiscal year$0.00$0.00$0.00$695,184.00$695,184.00