West Lombard

West Lombard

West Lombard is raising funds on Small Change. The company plans to develop net zero multifamily residences on a 5,000-square-foot site in Portland, Oregon. West Lombard will include twelve units with an average size of 589 square feet and will require a total development cost of $3.43 million. The project will deliver sustainable housing solutions to improve the community and the planet and will offer a refined living experience. George McCleary, Mitch Powell, Jeff Shindler, and Robert Pile founded West Lombard in December 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used to build the project.

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Investment Overview

Raised this Round: Raised: $22,000

Deal Terms

Total Commitments ($USD)

Platform
Small Change
Start Date
11/05/2024
Close Date
01/31/2025
Min. Goal
$50,000
Max. Goal
$100,000
Min. Investment

$1,000

Security Type

Equity - Preferred

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Company & Team

Company

Year Founded
2020
Industry
Real Estate & Construction
Tech Sector
Non-Tech
Location
Scappoose, Oregon
Company Website
Visit Website

Team

Financials

as of Fiscal Year 2023
 Revenue
$0
 Monthly Burn
$678
 Runway
24+ months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-8,135

$5,265

Summary Balance Sheet

FY 2023 FY 2022

Cash

$49,766

$6,332

Accounts Receivable

$0

$0

Total Assets

$1,307,866

$330,365

Short-Term Debt

$463,550

$0

Long-Term Debt

$0

$0

Total Liabilities

$463,550

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/31/2025 Small Change - $22,000 Equity - Preferred Active RegCF
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Add to portfolio
West Lombard on Small Change 2024
Platform: Small Change
Security Type: Equity - Preferred
Price per Share: $1.00

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Follow West Lombard on Small Change 2024

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