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  5. VALU DRUGS OF SANFORD, INC.

VALU DRUGS OF SANFORD, INC. - Florida Company Profile

Company Details

Entity Name: VALU DRUGS OF SANFORD, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

VALU DRUGS OF SANFORD, 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: 13 Mar 1979 (46 years ago)
Date of dissolution: 03 Apr 2024 (a year ago)
Last Event: VOLUNTARY DISSOLUTION
Event Date Filed: 03 Apr 2024 (a year ago)
Document Number: 612726
FEI/EIN Number 591946641

Federal Employer Identification (FEI) Number assigned by the IRS.
Address: 503 EAST FIRST STREET, SANFORD, FL, 32771
Mail Address: 942 Powhatan Drive, SANFORD, FL, 32771, US
ZIP code: 32771
County: Seminole
Place of Formation: FLORIDA

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
VALU DRUGS OF SANFORD, INC. 401(K) PLAN 2015 591946641 2016-06-01 VALU DRUGS OF SANFORD, INC. 18
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2006-01-01
Business code 446110
Sponsor’s telephone number 4073236413
Plan sponsor’s address 503 EAST 1ST STREET, SANFORD, FL, 327711409

Signature of
Role Plan administrator
Date 2016-06-01
Name of individual signing SUSAN REED
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2016-06-01
Name of individual signing SUSAN REED
Valid signature Filed with authorized/valid electronic signature
VALU DRUGS OF SANFORD, INC. 401(K) PLAN 2014 591946641 2015-09-28 VALU DRUGS OF SANFORD, INC. 17
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2006-01-01
Business code 446110
Sponsor’s telephone number 4073236413
Plan sponsor’s address 503 EAST 1ST STREET, SANFORD, FL, 327711409

Signature of
Role Plan administrator
Date 2015-09-25
Name of individual signing SUSAN REED
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2015-09-25
Name of individual signing SUSAN REED
Valid signature Filed with authorized/valid electronic signature
VALU DRUGS OF SANFORD, INC. 401(K) PLAN 2013 591946641 2014-10-15 VALU DRUGS OF SANFORD, INC. 16
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2006-01-01
Business code 446110
Sponsor’s telephone number 4073236413
Plan sponsor’s address 503 EAST 1ST STREET, SANFORD, FL, 327711409

Signature of
Role Plan administrator
Date 2014-10-15
Name of individual signing SUSAN REED
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2014-10-15
Name of individual signing SUSAN REED
Valid signature Filed with authorized/valid electronic signature
VALU DRUGS OF SANFORD, INC. 401(K) PLAN 2012 591946641 2013-09-13 VALU DRUGS OF SANFORD, INC. 19
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2006-01-01
Business code 446110
Sponsor’s telephone number 4073236413
Plan sponsor’s address 503 EAST 1ST STREET, SANFORD, FL, 327711409

Signature of
Role Plan administrator
Date 2013-09-12
Name of individual signing SUSAN REED
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2013-09-12
Name of individual signing SUSAN REED
Valid signature Filed with authorized/valid electronic signature
VALU DRUGS OF SANFORD, INC. 401(K) PLAN 2011 591946641 2012-06-28 VALU DRUGS OF SANFORD, INC. 17
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2006-01-01
Business code 446110
Sponsor’s telephone number 4073236413
Plan sponsor’s address 503 EAST 1ST STREET, SANFORD, FL, 327711409

Plan administrator’s name and address
Administrator’s EIN 591946641
Plan administrator’s name VALU DRUGS OF SANFORD, INC.
Plan administrator’s address 503 EAST 1ST STREET, SANFORD, FL, 327711409
Administrator’s telephone number 4073236413

Signature of
Role Plan administrator
Date 2012-06-27
Name of individual signing SUSAN REED
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2012-06-27
Name of individual signing SUSAN REED
Valid signature Filed with authorized/valid electronic signature
VALU DRUGS OF SANFORD, INC. 401(K) PLAN 2010 591946641 2011-09-21 VALU DRUGS OF SANFORD, INC. 16
Three-digit plan number (PN) 001
Effective date of plan 2006-01-01
Business code 446110
Sponsor’s telephone number 4073236413
Plan sponsor’s address 503 EAST 1ST STREET, SANFORD, FL, 327711409

Plan administrator’s name and address
Administrator’s EIN 591946641
Plan administrator’s name VALU DRUGS OF SANFORD, INC.
Plan administrator’s address 503 EAST 1ST STREET, SANFORD, FL, 327711409
Administrator’s telephone number 4073236413

Signature of
Role Plan administrator
Date 2011-09-21
Name of individual signing SUSAN REED
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2011-09-21
Name of individual signing SUSAN REED
Valid signature Filed with authorized/valid electronic signature
VALU DRUGS OF SANFORD, INC. 401(K) PLAN 2010 591946641 2012-04-16 VALU DRUGS OF SANFORD, INC. 16
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2006-01-01
Business code 446110
Sponsor’s telephone number 4073236413
Plan sponsor’s address 503 EAST 1ST STREET, SANFORD, FL, 327711409

Plan administrator’s name and address
Administrator’s EIN 591946641
Plan administrator’s name VALU DRUGS OF SANFORD, INC.
Plan administrator’s address 503 EAST 1ST STREET, SANFORD, FL, 327711409
Administrator’s telephone number 4073236413

Signature of
Role Plan administrator
Date 2011-09-21
Name of individual signing SUSAN REED
Valid signature Filed with incorrect/unrecognized electronic signature
Role Employer/plan sponsor
Date 2011-09-21
Name of individual signing SUSAN REED
Valid signature Filed with incorrect/unrecognized electronic signature
VALU DRUGS OF SANFORD, INC. 401(K) PLAN 2009 591946641 2010-09-28 VALU DRUGS OF SANFORD, INC. 15
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2006-01-01
Business code 446110
Sponsor’s telephone number 4073236413
Plan sponsor’s address 503 EAST 1ST STREET, SANFORD, FL, 327711409

Plan administrator’s name and address
Administrator’s EIN 591946641
Plan administrator’s name VALU DRUGS OF SANFORD, INC.
Plan administrator’s address 503 EAST 1ST STREET, SANFORD, FL, 327711409
Administrator’s telephone number 4073236413

Signature of
Role Plan administrator
Date 2010-09-27
Name of individual signing SUSAN REED
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2010-09-27
Name of individual signing SUSAN REED
Valid signature Filed with authorized/valid electronic signature

Key Officers & Management

Name Role Address
REED II DONALD R President 942 Powhatan Drive, SANFORD, FL, 32771
REED, SUSAN W. Vice President 942 Powhatan Drive, SANFORD, FL, 32771
REED, DONALD R. II Agent 503 E. FIRST STREET, SANFORD, FL, 32771

Events

Event Type Filed Date Value Description
VOLUNTARY DISSOLUTION 2024-04-03 - -
CHANGE OF MAILING ADDRESS 2022-02-14 503 EAST FIRST STREET, SANFORD, FL 32771 -
CANCEL ADM DISS/REV 2008-10-30 - -
ADMIN DISSOLUTION FOR ANNUAL REPORT 2008-09-26 - -
CANCEL ADM DISS/REV 2006-10-04 - -
ADMIN DISSOLUTION FOR ANNUAL REPORT 2006-09-15 - -
REGISTERED AGENT ADDRESS CHANGED 2000-03-02 503 E. FIRST STREET, SANFORD, FL 32771 -
NAME CHANGE AMENDMENT 1997-03-17 VALU DRUGS OF SANFORD, INC. -

Documents

Name Date
VOLUNTARY DISSOLUTION 2024-04-03
ANNUAL REPORT 2024-02-22
ANNUAL REPORT 2023-01-23
ANNUAL REPORT 2022-02-14
ANNUAL REPORT 2021-01-18
ANNUAL REPORT 2020-02-17
ANNUAL REPORT 2019-02-22
ANNUAL REPORT 2018-01-26
ANNUAL REPORT 2017-01-10
ANNUAL REPORT 2016-02-02

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
9602208305 2021-01-31 0491 PPS 503 E 1st St, Sanford, FL, 32771-1409
Loan Status Date 2021-10-15
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 109429.1
Loan Approval Amount (current) 109429.1
Undisbursed Amount 0
Franchise Name Good Neighbor Pharmacy
Lender Location ID 94528
Servicing Lender Name Fairwinds CU
Servicing Lender Address 135 W Central Blvd, ORLANDO, FL, 32801-2430
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Sanford, SEMINOLE, FL, 32771-1409
Project Congressional District FL-07
Number of Employees 16
NAICS code 446110
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 17526
Originating Lender Name Fairwinds Credit Union
Originating Lender Address Oviedo, FL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 110139.64
Forgiveness Paid Date 2021-09-28
5335887310 2020-04-30 0491 PPP 503 E. 1st Street, Sanford, FL, 32771
Loan Status Date 2021-03-20
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 76317.28
Loan Approval Amount (current) 76317.28
Undisbursed Amount 0
Franchise Name -
Lender Location ID 225134
Servicing Lender Name Truist Bank
Servicing Lender Address 214 N Tryon St, CHARLOTTE, NC, 28202-1078
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Sanford, SEMINOLE, FL, 32771-0001
Project Congressional District FL-07
Number of Employees 15
NAICS code 446110
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 225134
Originating Lender Name Truist Bank
Originating Lender Address CHARLOTTE, NC
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 76919.34
Forgiveness Paid Date 2021-02-17

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REED II DONALD R

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Companies related by address

503 EAST FIRST STREET, SANFORD, FL, 32771

TRUVALUE NOLE, INC.

Date of last update: 02 Apr 2025

Sources: Florida Department of State

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