What is the date of the Alloy surety bond?
Alloy Franchise · 2025 FDDAnswer from 2025 FDD Document
| Bond Number: | SP 0000855-0000 | |||
|---|---|---|---|---|
| Effective Date: | 06/29/2022 | V. | ||
| Amount of bond: | $135,000.00 | |||
| Continued from: | 06/29/2023 | to | 06/29/2024 | |
| On behalf of: | Alloy Personal Training, LLC | |||
| In favor of: | State of Maryland Securities D | Divisio | n |
| Bond Number: | SP 0000872-0000 | |||
|---|---|---|---|---|
| Effective Date: | 07/19/2022 | -14 | ||
| Amount of bond: | $135,000.00 | |||
| Continued from: | 07/19/2023 | to | 07/19/2024 | |
| On behalf of: | Alloy Personal Training, LLC | |||
| In favor of: | State of Illinois Attorney General |
Source: Item 23 — RECEIPTS (FDD pages 69–245)
What This Means (2025 FDD)
According to Alloy's 2025 Franchise Disclosure Document, the effective date for the surety bond in Maryland is 06/29/2022. This bond is continued from 06/29/2023 to 06/29/2024.
Additionally, the effective date for the surety bond in Illinois is 07/19/2022. This bond is continued from 07/19/2023 to 07/19/2024.
These surety bonds are required due to Alloy's financial condition, as mandated by the Maryland Securities Commissioner and the Minnesota Department of Commerce. The bonds are on file with the respective state divisions and cover the initial franchise fee for a single unit franchise or an area development franchise for three units in Maryland. Prospective franchisees should note that the specific terms and conditions of these bonds are detailed in the addenda for each state.