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FRANKLIN INSURANCE AGENCY INC - Florida Company Profile

Company Details

Entity Name: FRANKLIN INSURANCE AGENCY INC
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

FRANKLIN INSURANCE AGENCY 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: 10 Aug 1961 (64 years ago)
Date of dissolution: 28 Jun 1965 (60 years ago)
Last Event: DISSOLVED BY PROCLAMATION
Event Date Filed: 28 Jun 1965 (60 years ago)
Document Number: 250124
FEI/EIN Number 000000000

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

Address: 510 MONCEAUX ROAD,, WEST PALM BEACH, FL
Mail Address: 510 MONCEAUX ROAD,, WEST PALM BEACH, FL
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
FRANKLIN, GLENN E. President 510 MONCEAUX ROAD,, WEST PALM BEACH, FL
FRANKLIN, GLENN E. Director 510 MONCEAUX ROAD,, WEST PALM BEACH, FL
SULLIVAN, KIRK Vice President 920 COMAU BUILDING,, WEST PALM BEACH, FL
SULLIVAN, KIRK Director 920 COMAU BUILDING,, WEST PALM BEACH, FL
FRANKLIN, BETTY J. Director 510 MONCEAUX ROAD,, WEST PALM BEACH, FL
FRANKLIN, BETTY J. Secretary 510 MONCEAUX ROAD,, WEST PALM BEACH, FL
FRANKLIN, BETTY J. Treasurer 510 MONCEAUX ROAD,, WEST PALM BEACH, FL
SULLIVAN, KIRK Agent 920 COMAU BUILDING,, WEST PALM BEACH, FL

Events

Event Type Filed Date Value Description
DISSOLVED BY PROCLAMATION 1965-06-28 - -

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
4452647204 2020-04-27 0491 PPP 209 PINEWOOD DRIVE, TALLAHASSEE, FL, 32303
Loan Status Date 2021-03-19
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 146459.37
Loan Approval Amount (current) 146459.37
Undisbursed Amount 0
Franchise Name -
Lender Location ID 17652
Servicing Lender Name Capital City Bank
Servicing Lender Address 217 N Monroe St, TALLAHASSEE, FL, 32301-7619
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address TALLAHASSEE, LEON, FL, 32303-0100
Project Congressional District FL-02
Number of Employees 11
NAICS code 524210
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Subchapter S Corporation
Originating Lender ID 17652
Originating Lender Name Capital City Bank
Originating Lender Address TALLAHASSEE, FL
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 147450.48
Forgiveness Paid Date 2021-01-11

Date of last update: 02 Apr 2025

Sources: Florida Department of State