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| | | <issuerName> GROUNDFLOOR FINANCE INC. </issuerName> |
| | | <jurisdictionOrganization> GA </jurisdictionOrganization> |
| | | <yearIncorporation> 2013 </yearIncorporation> |
| | | <cik> 0001588504 </cik> |
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| | | <street1> 600 PEACHTREE STREET NE </street1> |
| | | <street2> SUITE 810 </street2> |
| | | <city> ATLANTA </city> |
| | | <stateOrCountry> GA </stateOrCountry> |
| | | <zipCode> 30308 </zipCode> |
| | | <phoneNumber> 404-850-9225 </phoneNumber> |
| | | <connectionName> Nick Bhargava </connectionName> |
| | | <industryGroup> Other </industryGroup> |
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| | | <nameAuditor> Cherry Bekaert LLP </nameAuditor> |
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| | | <indicateTier1Tier2Offering> Tier2 </indicateTier1Tier2Offering> |
| | | <financialStatementAuditStatus> Audited </financialStatementAuditStatus> |
| | | <securitiesOfferedTypes> Other(describe) </securitiesOfferedTypes> |
| | | <securitiesOfferedOtherDesc> Limited Recourse Obligation (LRO), a limited debt obligation of the issuer </securitiesOfferedOtherDesc> |
| | | <offerDelayedContinuousFlag> Y </offerDelayedContinuousFlag> |
| | | <offeringYearFlag> Y </offeringYearFlag> |
| | | <offeringAfterQualifFlag> N </offeringAfterQualifFlag> |
| | | <offeringBestEffortsFlag> Y </offeringBestEffortsFlag> |
| | | <solicitationProposedOfferingFlag> N </solicitationProposedOfferingFlag> |
| | | <resaleSecuritiesAffiliatesFlag> N </resaleSecuritiesAffiliatesFlag> |
| | | <securitiesOffered> 4122800 </securitiesOffered> |
| | | <outstandingSecurities> 0 </outstandingSecurities> |
| | | <pricePerSecurity> 10.0000 </pricePerSecurity> |
| | | <issuerAggregateOffering> 40122800.00 </issuerAggregateOffering> |
| | | <securityHolderAggegate> 0.00 </securityHolderAggegate> |
| | | <qualificationOfferingAggregate> 7128400.00 </qualificationOfferingAggregate> |
| | | <concurrentOfferingAggregate> 0.00 </concurrentOfferingAggregate> |
| | | <totalAggregateOffering> 47251200.00 </totalAggregateOffering> |
| | | <legalServiceProviderName> Manatt Phelps; Robbins Ross </legalServiceProviderName> |
| | | <legalFees> 1000.00 </legalFees> |
| | | </summaryInfo> |
| | <juridictionSecuritiesOffered> |
| | | <jurisdictionsOfSecOfferedNone> true </jurisdictionsOfSecOfferedNone> |
| | | <issueJuridicationSecuritiesOffering> AL </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> AK </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> AZ </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> AR </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> CA </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> CO </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> CT </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> DE </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> FL </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> GA </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> HI </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> ID </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> IL </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> IN </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> IA </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> KS </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> KY </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> LA </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> ME </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> MD </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> MA </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> MI </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> MN </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> MS </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> MO </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> MT </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> NE </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> NV </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> NH </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> NJ </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> NM </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> NY </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> NC </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> ND </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> OH </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> OK </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> OR </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> PA </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> RI </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> SC </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> SD </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> TN </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> TX </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> UT </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> VT </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> VA </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> WA </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> WV </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> WI </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> WY </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> DC </issueJuridicationSecuritiesOffering> |
| | | <issueJuridicationSecuritiesOffering> PR </issueJuridicationSecuritiesOffering> |
| | | </juridictionSecuritiesOffered> |
| | <securitiesIssued> |
| | | <securitiesIssuerName> Groundfloor Real Estate 1, LLC. </securitiesIssuerName> |
| | | <securitiesIssuerTitle> LROs </securitiesIssuerTitle> |
| | | <securitiesIssuedTotalAmount> 27981740 </securitiesIssuedTotalAmount> |
| | | <securitiesPrincipalHolderAmount> 0 </securitiesPrincipalHolderAmount> |
| | | <securitiesIssuedAggregateAmount> $27,981,740 were issued and sold pursuant to Offering Circular File No. 024-11094. </securitiesIssuedAggregateAmount> |
| | | </securitiesIssued> |
| | <unregisteredSecuritiesAct> |
| | | <securitiesActExcemption> Regulation A </securitiesActExcemption> |
| | | </unregisteredSecuritiesAct> |
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| </edgarSubmission> |