SPV Administration
Flexible SPV options to support your group's investing structure
Operating SPV
Invested in a Fund, another LLC, or receives regular income
Active operations
Annual tax returns and K-1s
No time limit on # years
Annual administration fee
Standard SPV
Invested in securities of a C corporation
No active operations
No annual tax returns or K-1s
No time limit on # years​
No annual fees
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Conference SPV
Investment(s) selected at conclusion of conference
No active operations
No annual tax returns or K-1s
No time limit on # years​
No annual fees
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The Loon Creek SPV Difference
Comprehensive services for each stage of your SPV's lifecycle
Formation
We guide you and and your investors through each step of formation and ensure tasks are being completed in order to meet deadlines.
Administration
Once the SPV is formed and the investment is closed, we monitor the LLC, maintain records and coordinate any actions needed.
Liquidation
When the investment company has been acquired or filed bankruptcy, we handle everything to disburse funds and wind down the LLC.
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File the LLC with the State
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Obtain EIN from IRS
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Set up banking & accounting
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Send investors subscription information & have them execute digital documents
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Issue capital call & collect funds
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Execute company's subscription documents to close the investment
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Disburse funds to company & pay expenses
All SPVs:
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Renew the LLC annually
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Maintain investor records
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Maintain accounting records and capital accounts
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Keep LLC compliant with legal & tax codes
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Coordinate actions by SPV on shareholder matters
Standard SPVs:
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Coordinate tax returns & issue K-1s when there is taxable activity to report
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Operating SPVs:
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Oversee & reconcile bank account
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Collect capital calls as needed
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Issue distributions as needed
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Coordinate annual tax returns & issue K-1s ​
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Coordinate execution of any legal documents
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Facilitate any decisions and voting by investors
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Receive disbursement and prepare pro-rata payments to investors
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If payout is over time, continue to administer SPV until liquidation is complete
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If bankruptcy, notify investors of loss
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Coordinate final tax return & issue K-1s
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Dissolve the LLC with the State and IRS
