Inactive Instrument

Company Mill City Ventures III, Ltd. Other OTC

Equities

MCVT

US59982U1016

Consumer Lending

Business Summary

Mill City Ventures III, Ltd. is engaged in the business of providing short-term specialty finance solutions primarily to private businesses, micro- and small-cap public companies and high-net-worth individuals. The Company generally provides specialty finance solutions that are short-term in nature. The principal specialty finance solutions it provides are high-interest short-term lending arrangements. Typically, these lending arrangements involve the Company obtaining collateral as security for the borrower’s repayment of funds to the Company, or personal guarantees from the principals or affiliates of the borrower. Its specialty finance solutions include short-term secured loans for real estate development; short-term unsecured loans (with an option to acquire collateral security) to a business; short-term secured loans to a business for operating capital, and short-term secured loans to an individual owed a forthcoming tax refund.

Sales per Business

USD in Million2022Weight2023Weight Delta
Investment and Related Activities
100.0 %
4 100.0 % 3 100.0 % -36.76%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
4 100.0 % 3 100.0 % -36.76%

Managers

Managers TitleAgeSince
Chief Executive Officer 64 09/01/06
Founder 55 09/01/06
Comptroller/Controller/Auditor 59 31/05/14

Members of the board

Members of the board TitleAgeSince
Director/Board Member 78 19/01/16
Director/Board Member 84 25/02/13
Founder 55 09/01/06
Director/Board Member 82 24/10/13
Chief Executive Officer 64 09/01/06

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 6,385,255 2,277,638 ( 35.67 %) 0 35.67 %

Shareholders

NameEquities%Valuation
1,088,036 17.04 % 3 M $
583,158 9.133 % 2 M $
542,407 8.495 % 1 M $
506,666 7.935 % 1 M $
444,445 6.960 % 1 M $
418,794 6.559 % 1 M $
315,556 4.942 % 820 446 $
277,778 4.350 % 722 223 $
156,761 2.455 % 407 579 $
Lantern Advisers LLC
2.019 %
128,915 2.019 % 335 179 $

Company contact information

Mill City Ventures III Ltd.

1907 Wayzata Boulevard Suite 205

55391, Wayzata

+

http://www.millcityventures3.com
address Mill City Ventures III, Ltd.(MCVT)
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