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PEOPLES ELECTRIC CO INC - Florida Company Profile

Company Details

Entity Name: PEOPLES ELECTRIC CO INC
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

PEOPLES ELECTRIC CO INC is structured as a Domestic Profit Corporation, which, in Florida signifies a Profit Corporation (also known as a C-Corporation). This business structure is recognized as a separate legal entity from its owners. This offers shareholders the benefit of limited liability protection, safeguarding their personal assets from the corporation's debts and obligations, and facilitates raising capital through the issuance of stock. In Florida, Domestic Profit Corporations are governed by Title XXXVI, Chapter 607, Florida Statutes – Florida Business Corporation Act.

Status: Inactive

The business entity is inactive. This status may signal operational issues or voluntary closure, raising concerns about the business's ability to repay loans and requiring careful risk assessment by lenders.

Date Filed: 19 Aug 1949 (76 years ago)
Date of dissolution: 30 Apr 1954 (71 years ago)
Last Event: DISSOLVED BY PROCLAMATION
Event Date Filed: 30 Apr 1954 (71 years ago)
Document Number: 158840
FEI/EIN Number 000000000

Federal Employer Identification (FEI) Number assigned by the IRS.

Address: JACKSONVILLE, FL
Mail Address: JACKSONVILLE, FL
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
TURNER, GEO E. Director 1302 GRAHAM BLDG., JACKSONVILLE, FL
LEACH, LOUISE F. Director 1302 GRAHAM BLDG., JACKSONVILLE, FL
ARCHIBALD, D.A. Director 1302 GRAHAM BLDG., JACKSONVILLE, FL

Events

Event Type Filed Date Value Description
DISSOLVED BY PROCLAMATION 1954-04-30 - -

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
8330018308 2021-01-29 0455 PPS 1120 Rosemary Ln, Naples, FL, 34103-8352
Loan Status Date 2022-03-16
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 65060
Loan Approval Amount (current) 65060
Undisbursed Amount 0
Franchise Name -
Lender Location ID 21442
Servicing Lender Name BMO Bank National Association
Servicing Lender Address 320 S Canal St, Chicago, IL, 60606
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Naples, COLLIER, FL, 34103-8352
Project Congressional District FL-19
Number of Employees 5
NAICS code 238210
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 21442
Originating Lender Name BMO Bank National Association
Originating Lender Address Chicago, IL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 65737.34
Forgiveness Paid Date 2022-02-17

Date of last update: 01 Mar 2025

Sources: Florida Department of State