Kitsap Construction Lenders, LLC
Raised
$7M
Investors
14
Min Invest
$20,000
AltStreet Analysis
·Generated from EDGAR primary sources
Kitsap Construction Lenders, LLC is a Washington-based debt-issuing entity that filed a Form D on 2026-10-13 under the 506(b) exemption, reporting $6.6M raised from 14 investors with a stated minimum investment of $20K. The filing lists three individuals (Kurt Ursich, Jeromy Salvesen, Matthew Akers) as executive officers and promoters; no parent platform or sibling entities have been matched in available records.
This filing sits within the alternative investment landscape as a small, privately-placed debt vehicle, consistent with construction or real-estate lending structures that rely on Rule 506(b) and limit sales to a defined investor group without general solicitation. A $20K stated minimum is on the lower end for debt-based alternative offerings, though the realized average investment ($6.6M across 14 investors, ~$471K per investor) suggests actual participation skewed well above the disclosed floor.
Data Flags
EDGAR Filing Data
Form D — Primary Source
View on SEC.govFilings on Record
Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.
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Filing events
1
latest Oct 13, 2026
Critical / warning
0 / 0
0 watch · 1 info
Statements extracted
0
none on file
NAV prints
0
none on file
Offering chains
1
closed
Latest event New filer · Oct 13, 2026
SEC.govInvestor
- 1 filing event with values and deltas, latest 2026-10-13, and alerts on the next one
- 1 offering timeline: velocity, share raised, first-sale lag, stalled flags
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Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
Kurt Ursich
Executive Officer, Promoter · Issaquah, WA
Jeromy Salvesen
Executive Officer, Promoter · Issaquah, WA
Matthew Akers
Executive Officer, Promoter · Issaquah, WA
Questions About Kitsap Construction Lenders, LLC
Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.
What is Kitsap Construction Lenders, LLC?
Kitsap Construction Lenders, LLC is a Washington limited liability company organized in 2026 that filed a Form D with the SEC on October 13, 2026 in the REITS and Finance industry group. The filing claims Rule 506(b) for an offering of debt.
Is Kitsap Construction Lenders, LLC legit?
AltStreet does not rate legitimacy; it reports the public record. Kitsap Construction Lenders, LLC filed a Form D with the SEC on October 13, 2026 claiming Rule 506(b). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $6,600,000 sold to 14 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.
Is Kitsap Construction Lenders, LLC registered with or approved by the SEC?
No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that Kitsap Construction Lenders, LLC claimed Rule 506(b) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.
How much has Kitsap Construction Lenders, LLC raised?
Kitsap Construction Lenders, LLC reported $6,600,000 sold from 14 investors of a $6,600,000 total offering as of the Form D filed October 13, 2026.
Who can invest in Kitsap Construction Lenders, LLC?
The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $20,000.
What is the minimum investment in Kitsap Construction Lenders, LLC?
The Form D lists $20,000 as the minimum investment accepted from any outside investor as of October 13, 2026. Issuers can waive their own minimums, and the figure does not include fees.
Who is selling Kitsap Construction Lenders, LLC and how are they paid?
The Form D names no recipient of sales compensation, which usually means the issuer or its affiliates are placing the securities directly. Sales commissions are reported as $0 and finders' fees as $0. Form D allows these to be estimates. The issuer reports $330,000 of gross proceeds used or proposed to be used for payments to related persons.
Who is behind Kitsap Construction Lenders, LLC?
The Form D lists 3 related persons: Kurt Ursich, executive officer, promoter; Jeromy Salvesen, executive officer, promoter; Matthew Akers, executive officer, promoter. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is Kitsap Construction Lenders, LLC located?
The issuer's address on its SEC filings is 22833 Se Black Nugget Rd, Ste. 300, Issaquah, WA 98029. Its phone number of record is 425-677-8574. It is organized under the laws of Washington.
How long is the Kitsap Construction Lenders, LLC offering open?
The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open, and no amendment is on record yet.
What is Kitsap Construction Lenders, LLC's revenue?
The Form D reports a revenue range of $1 - $1,000,000.
Is this your offering?
Claim this profile to add contact information, team members, LinkedIn profiles, fund history, and additional financial data. EDGAR-sourced data and AltStreet analysis cannot be edited, but corrections can be requested for verifiable inaccuracies.
Data Methodology
Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.