A Winston-Salem-based suit company has raised $300,000, according to a Form D filed with the Securities and Exchange Commission on Wednesday.

SnapSuits, a company that custom designs tuxedos and suits, raised $301,500 in debt. It does not plan to sell any more, according to the filing.

Ryan Leahy, the company’s chief executive officer, was named as the principal contact on the form.

His brother Drew Leahy is a cofounder of the company.

SnapSuits was born out after a bunch of Midwest guys forced to rent one too many tuxedos for weddings.

After dealing with all of the issues stemming from the rental process during Ryan Leahy’s wedding, the two brothers said enough is enough and set out to change the way men shop for formal wear forever.

After filling out a five-question survey, a customer can receive a customize suit or tuxedo for $275, or a shirt for $75, the company’s website states.

Companies relying on a Reg D exemption do not have to register their offering of securities with the SEC, but they must file what’s known as a Form D electronically with the SEC after they first sell their securities.

The filing can be found here.