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PRECISION TURBINES INC. - Florida Company Profile

Company Details

Entity Name: PRECISION TURBINES INC.
Jurisdiction: FLORIDA
Filing Type: Foreign Profit
Status: Active

The business entity is active. This status indicates that the business is currently operating and compliant with state regulations, suggesting a lower risk profile for lenders and potentially better creditworthiness.

Date Filed: 10 Sep 2007 (18 years ago)
Last Event: AMENDMENT
Event Date Filed: 14 Apr 2020 (5 years ago)
Document Number: F07000004536
FEI/EIN Number 208636329

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

Address: 11250 AVIATION BLVD, WEST PALM BEACH, FL, 33412, US
Mail Address: 11250 AVIATION BLVD, WEST PALM BEACH, FL, 33412, US
ZIP code: 33412
County: Palm Beach
Place of Formation: DELAWARE

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
PRECISION TURBINES 401(K) PLAN 2017 208636329 2018-10-16 PRECISION TURBINES, INC. 8
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2014-02-01
Business code 336410
Sponsor’s telephone number 5613503028
Plan sponsor’s address 3300 AIRPORT ROAD, SUITE 108, BOCA RATON, FL, 33431

Signature of

Role Plan administrator
Date 2018-10-16
Name of individual signing ROBERT SPAHR
Valid signature Filed with authorized/valid electronic signature
PRECISION TURBINES 401(K) PLAN 2016 208636329 2017-07-20 PRECISION TURBINES, INC. 8
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2014-02-01
Business code 336410
Sponsor’s telephone number 5613503028
Plan sponsor’s address 3300 AIRPORT ROAD, SUITE 108, BOCA RATON, FL, 33431

Plan administrator’s name and address

Administrator’s EIN 452098380
Plan administrator’s name FIRST PARTY ADMINISTRATOR, LLC
Plan administrator’s address 5352 PEACHTREE ROAD, ATLANTA, GA, 30341
Administrator’s telephone number 8004872040

Signature of

Role Plan administrator
Date 2017-07-20
Name of individual signing JOHN A. STARR
Valid signature Filed with authorized/valid electronic signature
PRECISION TURBINES 401(K) PLAN 2015 208636329 2016-10-17 PRECISION TURBINES, INC. 6
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2014-02-01
Business code 336410
Sponsor’s telephone number 5613503028
Plan sponsor’s address 3300 AIRPORT ROAD, SUITE 108, BOCA RATON, FL, 33431

Plan administrator’s name and address

Administrator’s EIN 452098380
Plan administrator’s name MY BENEFITS, LLC
Plan administrator’s address 5352 PEACHTREE ROAD, ATLANTA, GA, 30341
Administrator’s telephone number 8004872040

Signature of

Role Plan administrator
Date 2016-10-17
Name of individual signing JOHN A. STARR
Valid signature Filed with authorized/valid electronic signature
PRECISION TURBINES 401(K) PLAN 2014 208636329 2015-09-09 PRECISION TURBINES, INC. 7
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2014-02-01
Business code 336410
Sponsor’s telephone number 5613503028
Plan sponsor’s address 3300 AIRPORT ROAD HANGER 4, STE 108, BOCA RATON, FL, 33431

Signature of

Role Plan administrator
Date 2015-09-09
Name of individual signing ROBERT SPAHR
Valid signature Filed with authorized/valid electronic signature

Key Officers & Management

Name Role Address
SPAHR ROBERT President 4225 TANQUILITY DR., BOCA RATON, FL, 33487
SPAHR ROBERT Secretary 4225 TANQUILITY DR., BOCA RATON, FL, 33487
SPAHR ROBERT Director 4225 TANQUILITY DR., BOCA RATON, FL, 33487
SPAHR ROBERT L Agent 4225 TANQUILITY DR., BOCA RATON, FL, 33487

Events

Event Type Filed Date Value Description
CHANGE OF MAILING ADDRESS 2022-01-28 11250 AVIATION BLVD, HANGER #4, WEST PALM BEACH, FL 33412 -
CHANGE OF PRINCIPAL ADDRESS 2021-09-24 11250 AVIATION BLVD, HANGER #4, WEST PALM BEACH, FL 33412 -
AMENDMENT 2020-04-14 - -
REINSTATEMENT 2017-12-04 - -
REGISTERED AGENT NAME CHANGED 2017-12-04 SPAHR, ROBERT L -
REVOKED FOR ANNUAL REPORT 2017-09-22 - -
NAME CHANGE AMENDMENT 2010-08-24 PRECISION TURBINES INC. -

Documents

Name Date
ANNUAL REPORT 2025-02-06
ANNUAL REPORT 2024-03-01
ANNUAL REPORT 2023-01-11
ANNUAL REPORT 2022-01-28
ANNUAL REPORT 2021-02-05
ANNUAL REPORT 2020-07-20
Amendment 2020-04-14
ANNUAL REPORT 2019-04-01
ANNUAL REPORT 2018-03-07
REINSTATEMENT 2017-12-04

USAspending Awards. Contracts

Contract Type Award or IDV Flag PIID Start Date Current End Date Potential End Date
DELIVERY ORDER AWARD N0001919F4205 2019-08-14 2020-08-31 2020-08-31
Unique Award Key CONT_AWD_N0001919F4205_9700_N0001916D0060_9700
Awarding Agency Department of Defense
Link View Page

Award Amounts

Obligated Amount 3844116.43
Current Award Amount 4072294.73
Potential Award Amount 4072294.73

Description

Title OBLIGATE FUNDS ON CLIN 0305 FOR BSO
NAICS Code 488190: OTHER SUPPORT ACTIVITIES FOR AIR TRANSPORTATION
Product and Service Codes J015: MAINT/REPAIR/REBUILD OF EQUIPMENT- AIRCRAFT AND AIRFRAME STRUCTURAL COMPONENTS

Recipient Details

Recipient PRECISION TURBINES INC
UEI RJGTHGVPBJ99
Recipient Address UNITED STATES, 4710 NW BOCA RATON BLVD STE 203, BOCA RATON, PALM BEACH, FLORIDA, 334314161
- IDV N0017819D8322 2019-01-02 - -
Unique Award Key CONT_IDV_N0017819D8322_9700
Awarding Agency Department of Defense
Link View Page

Award Amounts

Obligated Amount 0.00
Potential Award Amount 500.00

Description

Title SEAPORT-NXG
NAICS Code 541330: ENGINEERING SERVICES
Product and Service Codes R499: SUPPORT- PROFESSIONAL: OTHER

Recipient Details

Recipient PRECISION TURBINES INC
UEI RJGTHGVPBJ99
Recipient Address UNITED STATES, 4710 NW BOCA RATON BLVD STE 203, BOCA RATON, PALM BEACH, FLORIDA, 334314161
DELIVERY ORDER AWARD DOCWC133M10CQ0065T0002 2012-03-02 2012-09-15 2012-09-15
Unique Award Key CONT_AWD_DOCWC133M10CQ0065T0002_1330_DOCWC133M10CQ0065_1330
Awarding Agency Department of Commerce
Link View Page

Award Amounts

Obligated Amount 197976.52
Current Award Amount 197976.52
Potential Award Amount 197976.52

Description

Title TASK ORDER FOR ENGINE OVERHAUL FOR NOAA AOC
NAICS Code 488190: OTHER SUPPORT ACTIVITIES FOR AIR TRANSPORTATION
Product and Service Codes J016: MAINT/REPAIR/REBUILD OF EQUIPMENT- AIRCRAFT COMPONENTS AND ACCESSORIES

Recipient Details

Recipient PRECISION TURBINES INC
UEI RJGTHGVPBJ99
Legacy DUNS 021447132
Recipient Address 3300 AIRPORT RD STE 108 HNGR 4, BOCA RATON, PALM BEACH, FLORIDA, 334316430, UNITED STATES
DCA AWARD FA810611C0002 2011-08-25 2012-11-30 2012-11-30
Unique Award Key CONT_AWD_FA810611C0002_9700_-NONE-_-NONE-
Awarding Agency Department of Defense
Link View Page

Description

Title CONTRACTOR LOGISTICS SUPPORT FOR C-38 AIRCRAFT
NAICS Code 336413: OTHER AIRCRAFT PARTS AND AUXILIARY EQUIPMENT MANUFACTURING
Product and Service Codes J015: MAINT-REP OF AIRCRAFT

Recipient Details

Recipient PRECISION TURBINES INC
UEI RJGTHGVPBJ99
Legacy DUNS 021447132
Recipient Address 3300 AIRPORT RD STE 108 HNGR 4, BOCA RATON, 334316430, UNITED STATES
- IDV DOCWC133M10CQ0065 2010-09-16 - -
Unique Award Key CONT_IDV_DOCWC133M10CQ0065_1330
Awarding Agency Department of Commerce
Link View Page

Award Amounts

Obligated Amount 0.00
Potential Award Amount 500000.00

Description

Title ENGINE SERVICES FOR DHC-6 TWIN OTTER AIRCRAFT.
NAICS Code 488190: OTHER SUPPORT ACTIVITIES FOR AIR TRANSPORTATION
Product and Service Codes J016: MAINT-REP OF AIRCRAFT COMPONENTS

Recipient Details

Recipient PRECISION TURBINES INC
UEI RJGTHGVPBJ99
Legacy DUNS 021447132
Recipient Address 3300 AIRPORT RD STE 108 HNGR 4, BOCA RATON, PALM BEACH, FLORIDA, 334316430, UNITED STATES
DO AWARD DOCWC133M10CQ0065T0001 2010-09-16 2010-12-31 2010-12-31
Unique Award Key CONT_AWD_DOCWC133M10CQ0065T0001_1330_DOCWC133M10CQ0065_1330
Awarding Agency Department of Commerce
Link View Page

Description

Title TASK ORDER 0001 FOR OVERHAUL OF TWO ENGINES FOR AIRCRAFT N46RF.
NAICS Code 488190: OTHER SUPPORT ACTIVITIES FOR AIR TRANSPORTATION
Product and Service Codes J015: MAINT-REP OF AIRCRAFT

Recipient Details

Recipient PRECISION TURBINES INC
UEI RJGTHGVPBJ99
Legacy DUNS 021447132
Recipient Address 3300 AIRPORT RD STE 108 HNGR 4, BOCA RATON, 334316430, UNITED STATES
DELIVERY ORDER AWARD 0001 2010-07-15 2010-08-27 2010-08-27
Unique Award Key CONT_AWD_0001_9700_N0017810D6246_9700
Awarding Agency Department of Defense
Link View Page

Award Amounts

Obligated Amount 2501.00
Current Award Amount 2501.00
Potential Award Amount 2501.00

Description

Title SEAPORT-ENHANCED
NAICS Code 541330: ENGINEERING SERVICES
Product and Service Codes H270: EQ TEST SVCS/ADP EQUIP & SUPPLIES

Recipient Details

Recipient PRECISION TURBINES INC
UEI RJGTHGVPBJ99
Legacy DUNS 021447132
Recipient Address 3300 AIRPORT RD STE 108 HNGR 4, BOCA RATON, PALM BEACH, FLORIDA, 334316430, UNITED STATES
- IDV N0017810D6246 2010-07-15 - -
Unique Award Key CONT_IDV_N0017810D6246_9700
Awarding Agency Department of Defense
Link View Page

Award Amounts

Obligated Amount 0.00
Potential Award Amount 725494565950.00

Description

Title SEAPORT ENHANCED
NAICS Code 541330: ENGINEERING SERVICES
Product and Service Codes R425: ENGINEERING AND TECHNICAL SERVICES

Recipient Details

Recipient PRECISION TURBINES INC
UEI RJGTHGVPBJ99
Recipient Address 3300 AIRPORT RD STE 108 HNGR 4, BOCA RATON, PALM BEACH, FLORIDA, 334316430, UNITED STATES
DCA AWARD DOCWC133M08CN0232 2008-09-20 2009-09-30 2009-09-30
Unique Award Key CONT_AWD_DOCWC133M08CN0232_1330_-NONE-_-NONE-
Awarding Agency Department of Commerce
Link View Page

Description

Title NOAA AOC MAINTENANCE OF CESSNA CITATION AIRCRAFT
NAICS Code 488190: OTHER SUPPORT ACTIVITIES FOR AIR TRANSPORTATION
Product and Service Codes J015: MAINT-REP OF AIRCRAFT

Recipient Details

Recipient PRECISION TURBINES INC
UEI RJGTHGVPBJ99
Legacy DUNS 021447132
Recipient Address 3690 AIRPORT RD HANGAR 9 STE 5, BOCA RATON, 334316430, UNITED STATES

USAspending Awards. Financial Assistance

FAIN Awarding Agency Assistance Listings Start Date End Date Description
4075925010 Small Business Administration 59.012 - 7(A) LOAN GUARANTEES - - TO AID SMALL BUSINESSES WHICH ARE UNABLE TO OBTAIN FINANCING IN THE PRIVATE CREDIT MARKETPLACE
Recipient PRECISION TURBINES INC
Recipient Name Raw PRECISION TURBINES INC.
Recipient UEI RJGTHGVPBJ99
Recipient DUNS 021447132
Recipient Address 3300 AIRPORT RD. HANGER #4, BOCA RATON, PALM BEACH, FLORIDA, 33431-0000, UNITED STATES
Obligated Amount 0.00
Non-Federal Funding 0.00
Original Subsidy Cost 19670.00
Face Value of Direct Loan 465000.00
Link View Page

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
6158947710 2020-05-03 0455 PPP 4225 TRANQUILITY DR, HIGHLAND BEACH, FL, 33487-4215
Loan Status Date 2021-07-16
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 1247870
Loan Approval Amount (current) 1247870
Undisbursed Amount 0
Franchise Name -
Lender Location ID 9551
Servicing Lender Name Bank of America, National Association
Servicing Lender Address 100 N Tryon St, Ste 170, CHARLOTTE, NC, 28202-4024
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description New Business or 2 years or less
Project Address HIGHLAND BEACH, PALM BEACH, FL, 33487-4215
Project Congressional District FL-23
Number of Employees 46
NAICS code 336412
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 9551
Originating Lender Name Bank of America, National Association
Originating Lender Address CHARLOTTE, NC
Gender Male Owned
Veteran Veteran
Forgiveness Amount 1261511.1
Forgiveness Paid Date 2021-06-11
7857738510 2021-03-08 0455 PPS 4710 NW 2nd Ave Ste 203, Boca Raton, FL, 33431-4161
Loan Status Date 2023-02-10
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 567170
Loan Approval Amount (current) 567170
Undisbursed Amount 0
Franchise Name -
Lender Location ID 4392
Servicing Lender Name Centennial Bank
Servicing Lender Address 620 Chestnut St, CONWAY, AR, 72032-5404
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Boca Raton, PALM BEACH, FL, 33431-4161
Project Congressional District FL-23
Number of Employees 15
NAICS code 488190
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 4392
Originating Lender Name Centennial Bank
Originating Lender Address CONWAY, AR
Gender Male Owned
Veteran Veteran
Forgiveness Amount 575584.45
Forgiveness Paid Date 2023-01-13

U.S. Small Business Administration Profile

Status User ID Name of Firm Trade Name UEI Address
Active P0984527 PRECISION TURBINES INC - RJGTHGVPBJ99 11250 AVIATION BLVD, HANGAR 4, WEST PALM BEACH, FL, 33412-0007
Capabilities Statement Link -
Phone Number 561-350-3028
Fax Number -
E-mail Address rspahr@pti.aero
WWW Page http://www.precisionturbines.aero
E-Commerce Website -
Contact Person ROBERT SPAHR
County Code (3 digit) 099
Congressional District 21
Metropolitan Statistical Area 8960
CAGE Code 552E4
Year Established 2007
Accepts Government Credit Card Yes
Legal Structure Subchapter S Corporation
Ownership and Self-Certifications Service-Disabled Veteran, Veteran
Business Development Servicing Office SOUTH FLORIDA DISTRICT OFFICE (SBA office code 0455)
Capabilities Narrative Precision Turbines offers: CLS, COMBS Supply Chain Management Obsolescence Solutions-DMSMS Performance Based Logistics Technical Publications Inventory Management Engine Leasing, Sales, Overhaul Classified Programs
Special Equipment/Materials (none given)
Business Type Percentages Service (100 %)
Keywords engine overhaul, engine upgrades, Aircraft parts, Pratt & Whitney, JT15D, PT6A, PW100, PMA, STC, engine lease, RC-26, UC-35, NAICS Code 488190, CLS, COMBS, c-38, C-21, C-32, C-40, C-12, Aircraft Maintenance, honeywell, TFE731, aircraft engineering
Quality Assurance Standards ISO-9000 Series
Electronic Data Interchange capable -

Current Principals

Name Robert Spahr
Role President
Name Dorinda Spahr
Role Director

SBA Federal Certifications

HUBZone Certified No
Women Owned Certified No
Women Owned Pending No
Economically Disadvantaged Women Owned Certified No
Economically Disadvantaged Women Owned Pending No
Veteran-Owned Small Business Certified No
Veteran-Owned Small Business Joint Venture No
Service-Disabled Veteran-Owned Small Business Certified Yes
Service-Disabled Veteran-Owned Small Business Joint Venture No
Service-Disabled Veteran-Owned Small Business Certification Date 2021-08-03
Service-Disabled Veteran-Owned Small Business Certification Expiration Date 2026-08-03

Bonding Levels

Description Construction Bonding Level (per contract)
Level $0
Description Construction Bonding Level (aggregate)
Level $0
Description Service Bonding Level (per contract)
Level $0
Description Service Bonding Level (aggregate)
Level $0

NAICS Codes with Size Determinations by NAICS

Primary Yes
Code 488190
NAICS Code's Description Other Support Activities for Air Transportation
Buy Green Yes
Code 336411
NAICS Code's Description Aircraft Manufacturing
Buy Green Yes
Code 336412
NAICS Code's Description Aircraft Engine and Engine Parts Manufacturing
Buy Green Yes
Code 336413
NAICS Code's Description Other Aircraft Part and Auxiliary Equipment Manufacturing
Buy Green Yes
Code 423860
NAICS Code's Description Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers
Buy Green Yes
Code 481211
NAICS Code's Description Nonscheduled Chartered Passenger Air Transportation
Buy Green Yes
Code 488111
NAICS Code's Description Air Traffic Control
Buy Green Yes
Code 488119
NAICS Code's Description Other Airport Operations
Buy Green Yes
Code 493110
NAICS Code's Description General Warehousing and Storage
Buy Green Yes
Code 493190
NAICS Code's Description Other Warehousing and Storage
Buy Green Yes
Code 541330
NAICS Code's Description Engineering ServicesGeneral $22.50m Small Business Size Standard: [Yes]Special $41.50m Military and Aerospace Equipment and Military Weapons: [Yes]Special $41.50m Contracts and Subcontracts for Engineering Services Awarded Under the National Energy Policy Act of 1992: [Yes]Special $41.50m Marine Engineering and Naval Architecture: [Yes] (4)
Buy Green Yes
Code 811310
NAICS Code's Description Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
Buy Green Yes

Export Profile (Trade Mission Online)

Exporter Yes
Export Business Activities Distributor/Agent, Broker (Intermediary), Service(s), Consultant
Exporting to Argentina; Australia; Brazil; Chile; Denmark; Ireland; Finland; France; Germany; Greece; India; Israel; Italy; Mexico; Netherlands; Norway; New Zealand; Paraguay; Peru; Poland; Portugal; St. Kitts and Nevis; South Africa; Singapore; Spain; St. Lucia; Sweden; Switzerland; United Kingdom; Uruguay; St. Vincent and the Grenadines; Venezuela; Namibia
Desired Export Business Relationships Direct export sales, Distributor/Importer, Representative/Agent/Broker, Joint venture/coventure, Alliances
Description of Export Objective(s) Supporting our o/seas clients

Performance History (References)

Name UC 35 CLS
Contract N00019-16-D-0050
Start 2016-09-01
End 2018-08-31
Value 15M
Contact Ron Hickman
Phone 301-342-9935
Name PT6A-27 CLS
Contract NOAA
Start 2014-09-15
Contact Ron Moyers
Phone 440-622-6424
Name Engine Services for DHC-6 Twin Otter Aircraft
Contract WC133M10CQ0065
Start 2010-09-16
End 2015-09-09
Value .65M
Contact CDR Brakob
Phone 813-644-1290
Name Cessna Citation II Aircraft, Phase and Calendar Inspections and Maintenance
Contract WC133M08CN0232
Start 2008-09-19
End 2011-09-30
Value .35M
Contact CDR Newman
Phone 813-695-7673

Date of last update: 02 Apr 2025

Sources: Florida Department of State