Business ProfileforColt Buildings LLC

First contact with Colt Building March 2022. Was looking to build a steel frame Barndominium in SC after purchasing land. Signed with Colt in April 2022 and started looking for a General Contractor. September of 2022 accepted a bid from a GC through Colt. Started developing plans for our house. Initially had been set-up with a steel manufacturer SBS. Through the process ended up switching steel manufacturers to ABN and paid initial deposit to Colt for the steel in the amount of $18,000 in January 2023. In May of 2023 learned the the GC never processed paperwork for the permits with the County. A new GC was hired through Colt in June. In August, 2023 after permits were processed, found out steel manufacturer would no longer supply the material and we had to switch to a stick build. In October 2023 GC and Colt parted ways and we kept the GC and started requesting repayment for the $18,000 we initially paid for the deposit of the steel material never provided. End of October was informed we would receive two wire transfers to cover the repayment. In November was told Colt did not have funds to pay us back and needed more time. In December 2023 received 1st partial payment. January 2024 we received another small payment back. In February 2024 received an email from Colt that they were advised by legal counsel to stop paying us back. That was the last we heard from Colt until June 7th when we received an invoice for $75,000 noted as GC build out 5%. For anyone trying to figure out the math, Colt is estimating this invoice based on a $1.5MM build. Our home is nowhere near that and none of the work has been completed. Not to mention they are collecting for GC build out fees which Colt is not a licensed GC. I have tried to call Colt several times no answer. I reached out to contacts I have that no longer work for Colt and received some interesting information. We advise you to stay away from Colt.