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BAY AREA INNOVATIONS, INC. - Florida Company Profile

Company Details

Entity Name: BAY AREA INNOVATIONS, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

BAY AREA INNOVATIONS, 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: 15 Nov 1976 (48 years ago)
Date of dissolution: 14 Nov 1986 (38 years ago)
Last Event: INVOLUNTARILY DISSOLVED
Event Date Filed: 14 Nov 1986 (38 years ago)
Document Number: 518524
FEI/EIN Number 591700057

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

Address: 4632 BEACON DR, PO BOX 21075, SARASOTA, FL, 33583
Mail Address: 4632 BEACON DR, PO BOX 21075, SARASOTA, FL, 33583
ZIP code: 33583
County: Hillsborough
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
HOLROYD, RICHARD W, SR President 4632 BEACON DR, SARASOTA, FL 00000
HOLROYD, LORETTA S Secretary 4632 BEACON DR, SARASOTA, FL 00000
HOLROYD, LORETTA S Treasurer 4632 BEACON DR, SARASOTA, FL 00000
HOLROYD, RICHARD W, JR Vice President 4632 BEACON DR, SARASOTA, FL 00000
GALLAGHER,THOMAS J. Agent 290 COCOANUT AVE., SARASOTA, FL, 33577

Events

Event Type Filed Date Value Description
INVOLUNTARILY DISSOLVED 1986-11-14 - -
CHANGE OF PRINCIPAL ADDRESS 1984-06-06 4632 BEACON DR, PO BOX 21075, SARASOTA, FL 33583 -
CHANGE OF MAILING ADDRESS 1984-06-06 4632 BEACON DR, PO BOX 21075, SARASOTA, FL 33583 -
REGISTERED AGENT ADDRESS CHANGED 1981-12-15 290 COCOANUT AVE., SARASOTA, FL 33577 -

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
5620407403 2020-05-12 0455 PPP 6 VILLA COURT, SAFETY HARBOR, FL, 34695
Loan Status Date 2021-05-06
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 1900
Loan Approval Amount (current) 1900
Undisbursed Amount 0
Franchise Name -
Lender Location ID 2408
Servicing Lender Name Regions Bank
Servicing Lender Address 1900 Fifth Avenue North, BIRMINGHAM, AL, 35203
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address SAFETY HARBOR, PINELLAS, FL, 34695-0001
Project Congressional District FL-13
Number of Employees 1
NAICS code 454390
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 2408
Originating Lender Name Regions Bank
Originating Lender Address BIRMINGHAM, AL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 1917.49
Forgiveness Paid Date 2021-04-19

Date of last update: 02 Mar 2025

Sources: Florida Department of State