SEC Comment Letter 0000000000-26-000061 to Groundfloor Loans 3 LLC (CIK 0002098126)
Groundfloor Loans 3 LLC (CIK 0002098126)
Date: Jan. 5, 2026 · CIK: 0002098126 · Accession: 0000000000-26-000061
AI Filing Summary & Sentiment
Reasoning
File numbers found in text: 024-12696
Letter
Re: Groundfloor Loans 3 LLC Offering Statement on Form 1-A Filed December 23, 2025 File No. 024-12696 Dear Nick Bhargava:
January 5, 2026
Nick Bhargava Chief Executive Officer of Groundfloor Advisors, LLC Groundfloor Loans 3 LLC 1201 Peachtree St NE, Suite 1104 400 Colony Square Atlanta, GA 30361
This is to advise you that we do not intend to review your offering statement.
We will consider qualifying your offering statement at your request. If a participant in your offering is required to clear its compensation arrangements with FINRA, please have FINRA advise us that it has no objections to the compensation arrangements prior to qualification.
We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. We also remind you that, following qualification of your Form 1-A, Rule 257 of Regulation A requires you to file periodic and current reports, including a Form 1-K which will be due within 120 calendar days after the end of the fiscal year covered by the report.
Please contact Benjamin Holt at 202-551-6614 with any questions.
Sincerely,
Division of
Corporation Finance
Office of Real
Estate & Construction
cc: Zachary Fallon
Show Raw Text
<DOCUMENT> <TYPE>TEXT-EXTRACT <SEQUENCE>2 <FILENAME>filename2.txt <TEXT> January 5, 2026 Nick Bhargava Chief Executive Officer of Groundfloor Advisors, LLC Groundfloor Loans 3 LLC 1201 Peachtree St NE, Suite 1104 400 Colony Square Atlanta, GA 30361 Re: Groundfloor Loans 3 LLC Offering Statement on Form 1-A Filed December 23, 2025 File No. 024-12696 Dear Nick Bhargava: This is to advise you that we do not intend to review your offering statement. We will consider qualifying your offering statement at your request. If a participant in your offering is required to clear its compensation arrangements with FINRA, please have FINRA advise us that it has no objections to the compensation arrangements prior to qualification. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. We also remind you that, following qualification of your Form 1-A, Rule 257 of Regulation A requires you to file periodic and current reports, including a Form 1-K which will be due within 120 calendar days after the end of the fiscal year covered by the report. Please contact Benjamin Holt at 202-551-6614 with any questions. Sincerely, Division of Corporation Finance Office of Real Estate & Construction cc: Zachary Fallon </TEXT> </DOCUMENT>