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FRANKLIN INSURANCE AGENCY INC - Florida Company Profile

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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 - -

USAspending Awards / Financial Assistance

Date:
2020-04-27
Awarding Agency Name:
Small Business Administration
Transaction Description:
TO AID SMALL BUSINESSES IN MAINTAINING WORK FORCE DURING COVID-19 PANDEMIC.
Obligated Amount:
0.00
Face Value Of Loan:
146459.37
Total Face Value Of Loan:
146459.37

Paycheck Protection Program

Date Approved:
2020-04-27
Loan Status:
Paid in Full
SBA Guaranty Percentage:
100
Initial Approval Amount:
146459.37
Current Approval Amount:
146459.37
Race:
White
Ethnicity:
Not Hispanic or Latino
Gender:
Male Owned
Veteran:
Non-Veteran
Forgiveness Amount:
147450.48

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Date of last update: 02 Jun 2025

Sources: Florida Department of State