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MAGNA DEVELOPMENT PARTNERS INC - Florida Company Profile

Branch

Company Details

Entity Name: MAGNA DEVELOPMENT PARTNERS INC
Jurisdiction: FLORIDA
Filing Type: Foreign Profit Corporation
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: 30 Sep 2019 (5 years ago)
Branch of: MAGNA DEVELOPMENT PARTNERS INC, COLORADO (Company Number 20041371821)
Date of dissolution: 24 Sep 2021 (3 years ago)
Last Event: REVOKED FOR ANNUAL REPORT
Event Date Filed: 24 Sep 2021 (3 years ago)
Document Number: F19000004679
FEI/EIN Number 84-2238045

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

Address: 1202 SW 17TH STREET, SUITE 201, OCALA, FL 34471
Mail Address: 1375 SE 73RD PLACE, Ocala, FL 34480
ZIP code: 34471
County: Marion
Place of Formation: COLORADO

Key Officers & Management

Name Role Address
RICE, W. ANTHONY Agent 1375 SE 73RD PLACE, Ocala, FL 34480
RICE, W. ANTHONY President 1375 SE 73RD PL, OCALA, FL 34480
RICE, JUSTINE L Vice President 1375 SE 73RD PLACE, Ocala, FL 34480

Events

Event Type Filed Date Value Description
REVOKED FOR ANNUAL REPORT 2021-09-24 - -
CHANGE OF PRINCIPAL ADDRESS 2020-06-29 1202 SW 17TH STREET, SUITE 201, OCALA, FL 34471 -
CHANGE OF MAILING ADDRESS 2020-06-29 1202 SW 17TH STREET, SUITE 201, OCALA, FL 34471 -
REGISTERED AGENT ADDRESS CHANGED 2020-06-29 1375 SE 73RD PLACE, Ocala, FL 34480 -

Documents

Name Date
ANNUAL REPORT 2020-06-29
Foreign Profit 2019-09-30

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
7820408109 2020-07-24 0491 PPP 1202 Southwest 17th Street, Ocala, FL, 34471-0535
Loan Status Date 2022-02-26
Loan Status Charged Off
Loan Maturity in Months 36
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 25000
Loan Approval Amount (current) 25000
Undisbursed Amount 0
Franchise Name -
Lender Location ID 529431
Servicing Lender Name MBE Capital Partners
Servicing Lender Address 1 Bridge Plaza N. # 550, Fort Lee, NJ, 07024
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Ocala, MARION, FL, 34471-0535
Project Congressional District FL-03
Number of Employees 2
NAICS code 236118
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 529431
Originating Lender Name MBE Capital Partners
Originating Lender Address Fort Lee, NJ
Gender Unanswered
Veteran Unanswered
Forgiveness Amount -
Forgiveness Paid Date -
3579189007 2021-05-18 0491 PPS 1202 SW 17th St, Ocala, FL, 34471-1271
Loan Status Date -
Loan Status Exemption 4
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 25000
Loan Approval Amount (current) 25000
Undisbursed Amount 0
Franchise Name -
Lender Location ID 601592
Servicing Lender Name Lendistry-Federal Reserve (MBE) Contract
Servicing Lender Address 777 South Alameda Street, Los Angeles, CA, 90021
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Ocala, MARION, FL, 34471-1271
Project Congressional District FL-03
Number of Employees 2
NAICS code 236118
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 529431
Originating Lender Name MBE Capital Partners
Originating Lender Address Fort Lee, NJ
Gender Unanswered
Veteran Unanswered
Forgiveness Amount -
Forgiveness Paid Date -

Date of last update: 15 Feb 2025

Sources: Florida Department of State