Syndication Question - SEC Needed?

[Daniel Karbownik]

I am pretty clear on the need to follow SEC rules for a syndication.  However I can't find any information anywhere on smaller deals that might not warrant the cost of an SEC filing.  For example, I'm looking to buy something relatively small - around $1.5m - $2m.  My plan (in my head, anyway) is to raise 25%-30% equity from a few different high-net-worth individuals, then go to a bank for a commercial loan for the rest.  Is this something that would require getting the SEC involved?  I'm sure smaller deals like this happen all the time, but I can't see how it justifies the cost of the SEC filing.  How would one go about doing this?