Form D Raw Data - Electronic Filing Depository

EFDID: 313635EFD: Raw Data

Issuer: TOB Funding, LLC (0001778810) - D

Accession: 0001778810-19-000001 () (EDGAR Files) (Form D)

Edgar Posted: Jun. 5, 2019
EFD Posted: Jun. 5, 2019

- < edgarSubmission >

< schemaVersion > X0708 </ schemaVersion >

< submissionType > D </ submissionType >

< testOrLive > LIVE </ testOrLive >

- < primaryIssuer >

< cik > 0001778810 </ cik >

< entityName > TOB Funding, LLC </ entityName >

- < issuerAddress >

< street1 > 100 ELKS CLUB ROAD </ street1 >

< city > BREVARD </ city >

< stateOrCountry > NC </ stateOrCountry >

< stateOrCountryDescription > NORTH CAROLINA </ stateOrCountryDescription >

< zipCode > 28712 </ zipCode >

</ issuerAddress >

< issuerPhoneNumber > 828-393-0088 </ issuerPhoneNumber >

< jurisdictionOfInc > NORTH CAROLINA </ jurisdictionOfInc >

- < issuerPreviousNameList >

< value > None </ value >

</ issuerPreviousNameList >

- < edgarPreviousNameList >

< value > None </ value >

</ edgarPreviousNameList >

< entityType > Limited Liability Company </ entityType >

- < yearOfInc >

< withinFiveYears > true </ withinFiveYears >

< value > 2019 </ value >

</ yearOfInc >

</ primaryIssuer >

- < relatedPersonsList >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Bruce </ firstName >

< middleName > Victor </ middleName >

< lastName > Roberts </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 100 Elks Club Road </ street1 >

< city > Brevard </ city >

< stateOrCountry > NC </ stateOrCountry >

< stateOrCountryDescription > NORTH CAROLINA </ stateOrCountryDescription >

< zipCode > 28712 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > LLC Manager </ relationshipClarification >

</ relatedPersonInfo >

</ relatedPersonsList >

- < offeringData >

- < industryGroup >

< industryGroupType > Other Banking and Financial Services </ industryGroupType >

</ industryGroup >

- < issuerSize >

< revenueRange > Decline to Disclose </ revenueRange >

</ issuerSize >

- < federalExemptionsExclusions >

< item > 06b </ item >

</ federalExemptionsExclusions >

- < typeOfFiling >

- < newOrAmendment >

< isAmendment > false </ isAmendment >

</ newOrAmendment >

- < dateOfFirstSale >

< yetToOccur > true </ yetToOccur >

</ dateOfFirstSale >

</ typeOfFiling >

- < durationOfOffering >

< moreThanOneYear > false </ moreThanOneYear >

</ durationOfOffering >

- < typesOfSecuritiesOffered >

< isEquityType > true </ isEquityType >

</ typesOfSecuritiesOffered >

- < businessCombinationTransaction >

< isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >

< clarificationOfResponse />

</ businessCombinationTransaction >

< minimumInvestmentAccepted > 25000 </ minimumInvestmentAccepted >

- < salesCompensationList >

- < recipient >

< recipientName > Bruce V Roberts </ recipientName >

< recipientCRDNumber > 1489110 </ recipientCRDNumber >

< associatedBDName > Carolina Financial Securities, LLC </ associatedBDName >

< associatedBDCRDNumber > 41970 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 100 Elks Club Road </ street1 >

< city > Brevard </ city >

< stateOrCountry > NC </ stateOrCountry >

< stateOrCountryDescription > NORTH CAROLINA </ stateOrCountryDescription >

< zipCode > 28712 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > NC </ state >

< description > NORTH CAROLINA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Peter S Milhaupt </ recipientName >

< recipientCRDNumber > 728310 </ recipientCRDNumber >

< associatedBDName > Carolina Financial Securites, LLC </ associatedBDName >

< associatedBDCRDNumber > 41970 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 10 Corbin Drice </ street1 >

< city > Darien </ city >

< stateOrCountry > CT </ stateOrCountry >

< stateOrCountryDescription > CONNECTICUT </ stateOrCountryDescription >

< zipCode > 06820 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CT </ state >

< description > CONNECTICUT </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

</ salesCompensationList >

- < offeringSalesAmounts >

< totalOfferingAmount > 4000000 </ totalOfferingAmount >

< totalAmountSold > 0 </ totalAmountSold >

< totalRemaining > 4000000 </ totalRemaining >

< clarificationOfResponse />

</ offeringSalesAmounts >

- < investors >

< hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >

< totalNumberAlreadyInvested > 0 </ totalNumberAlreadyInvested >

</ investors >

- < salesCommissionsFindersFees >

- < salesCommissions >

< dollarAmount > 240000 </ dollarAmount >

< isEstimate > true </ isEstimate >

</ salesCommissions >

- < findersFees >

< dollarAmount > 0 </ dollarAmount >

</ findersFees >

< clarificationOfResponse > Carolina Financial Securities, LLC (?CFS?) as a placement fee, will receive 6.0% of the funds raised from investors identified by CFS and 3.0% of funds raised from investors identified by the Company. </ clarificationOfResponse >

</ salesCommissionsFindersFees >

- < useOfProceeds >

- < grossProceedsUsed >

< dollarAmount > 168000 </ dollarAmount >

</ grossProceedsUsed >

< clarificationOfResponse > Manager of the LLC is also a representative of the broker-dealer. He will not receive compensation for serving as the manager of the entity, but will earn investment banking fees and sales commission. The amount will be dependent of his sales activity. </ clarificationOfResponse >

</ useOfProceeds >

- < signatureBlock >

< authorizedRepresentative > false </ authorizedRepresentative >

- < signature >

< issuerName > TOB Funding, LLC </ issuerName >

< signatureName > Bruce V Roberts </ signatureName >

< nameOfSigner > Bruce V Roberts </ nameOfSigner >

< signatureTitle > Manager </ signatureTitle >

< signatureDate > 2019-06-05 </ signatureDate >

</ signature >

</ signatureBlock >

</ offeringData >

</ edgarSubmission >