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TEAM EQUIPMENT, INC. - Florida Company Profile

Company Details

Entity Name: TEAM EQUIPMENT, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

TEAM EQUIPMENT, 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: 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: 25 Mar 1985 (40 years ago)
Document Number: H48761
FEI/EIN Number 592527359

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

Address: TEAM EQUIPMENT, INC., 6620 ORCHID LAKE ROAD, NEW PORT RICHEY, FL, 34653, US
Mail Address: TEAM EQUIPMENT, INC., 6620 ORCHID LAKE ROAD, NEW PORT RICHEY, FL, 34653, US
ZIP code: 34653
County: Pasco
Place of Formation: FLORIDA

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
TEAM EQUIPMENT INC 401(K) PROFIT SHARING PLAN & TRUST 2023 592527359 2024-04-30 TEAM EQUIPMENT INC 16
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2007-01-01
Business code 423400
Sponsor’s telephone number 7278482424
Plan sponsor’s address 6620 ORCHID LAKE RD, NEW PORT RICHEY, FL, 346531111

Signature of

Role Plan administrator
Date 2024-04-30
Name of individual signing PATRICIA J REDDY
Valid signature Filed with authorized/valid electronic signature
TEAM EQUIPMENT INC 401(K) PROFIT SHARING PLAN & TRUST 2022 592527359 2023-04-20 TEAM EQUIPMENT INC 16
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2007-01-01
Business code 423400
Sponsor’s telephone number 7278482424
Plan sponsor’s address 6620 ORCHID LAKE RD, NEW PORT RICHEY, FL, 346531111

Signature of

Role Plan administrator
Date 2023-04-20
Name of individual signing PATRICIA J REDDY
Valid signature Filed with authorized/valid electronic signature
TEAM EQUIPMENT INC 401(K) PROFIT SHARING PLAN & TRUST 2021 592527359 2022-05-18 TEAM EQUIPMENT INC 13
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2007-01-01
Business code 423400
Sponsor’s telephone number 7278482424
Plan sponsor’s address 6620 ORCHID LAKE RD, NEW PORT RICHEY, FL, 346531111

Signature of

Role Plan administrator
Date 2022-05-18
Name of individual signing PATRICIA REDDY
Valid signature Filed with authorized/valid electronic signature
TEAM EQUIPMENT INC 401(K) PROFIT SHARING PLAN & TRUST 2020 592527359 2021-05-20 TEAM EQUIPMENT INC 13
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2007-01-01
Business code 423400
Sponsor’s telephone number 7278482424
Plan sponsor’s address 6620 ORCHID LAKE RD, NEW PORT RICHEY, FL, 346531111

Signature of

Role Plan administrator
Date 2021-05-20
Name of individual signing PATRICIA J REDDY
Valid signature Filed with authorized/valid electronic signature
TEAM EQUIPMENT INC 401(K) PROFIT SHARING PLAN & TRUST 2019 592527359 2020-04-13 TEAM EQUIPMENT INC 16
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2007-01-01
Business code 423400
Sponsor’s telephone number 7278482424
Plan sponsor’s address 6620 ORCHID LAKE RD, NEW PORT RICHEY, FL, 346531111

Signature of

Role Plan administrator
Date 2020-04-13
Name of individual signing PATRICIA J REDDY
Valid signature Filed with authorized/valid electronic signature
TEAM EQUIPMENT INC 401 K PROFIT SHARING PLAN TRUST 2018 592527359 2019-03-04 TEAM EQUIPMENT INC 15
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2007-01-01
Business code 423400
Sponsor’s telephone number 7278482424
Plan sponsor’s address 6620 ORCHID LAKE RD, NEW PORT RICHEY, FL, 346531111

Signature of

Role Plan administrator
Date 2019-03-04
Name of individual signing PATRICIA J REDDY
Valid signature Filed with authorized/valid electronic signature
TEAM EQUIPMENT INC 401 K PROFIT SHARING PLAN TRUST 2017 592527359 2018-05-29 TEAM EQUIPMENT INC 14
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2007-01-01
Business code 423400
Sponsor’s telephone number 7278482424
Plan sponsor’s address 6620 ORCHID LAKE RD, NEW PORT RICHEY, FL, 346531111

Signature of

Role Plan administrator
Date 2018-05-29
Name of individual signing PATRICIA J REDDY
Valid signature Filed with authorized/valid electronic signature
TEAM EQUIPMENT INC 401 K PROFIT SHARING PLAN TRUST 2016 592527359 2017-07-19 TEAM EQUIPMENT INC 14
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2007-01-01
Business code 423400
Sponsor’s telephone number 7278482424
Plan sponsor’s address 6620 ORCHID LAKE RD, NEW PORT RICHEY, FL, 346531111

Signature of

Role Plan administrator
Date 2017-07-19
Name of individual signing PATRICIA J REDDY
Valid signature Filed with authorized/valid electronic signature
TEAM EQUIPMENT INC 401 K PROFIT SHARING PLAN TRUST 2015 592527359 2016-05-23 TEAM EQUIPMENT INC 13
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2007-01-01
Business code 423400
Sponsor’s telephone number 7278482424
Plan sponsor’s address 6620 ORCHID LAKE RD, NEW PORT RICHEY, FL, 346531111

Signature of

Role Plan administrator
Date 2016-05-23
Name of individual signing PATRICIA J REDDY
Valid signature Filed with authorized/valid electronic signature
TEAM EQUIPMENT INC 401 K PROFIT SHARING PLAN TRUST 2014 592527359 2015-07-07 TEAM EQUIPMENT INC 13
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2007-01-01
Business code 423400
Sponsor’s telephone number 7278482424
Plan sponsor’s address 6620 ORCHID LAKE RD, NEW PORT RICHEY, FL, 346531111

Signature of

Role Plan administrator
Date 2015-07-07
Name of individual signing PATRICIA J REDDY
Valid signature Filed with authorized/valid electronic signature

Key Officers & Management

Name Role Address
Reddy Patricia J President 8718 Capstone Ranch Dr, New Port Richey, FL, 34655
Reddy Thomas Vice President 8718 Capstone Ranch Drive, NEW PORT RICHEY, FL, 346531111
REDDY PATRICIA J Agent 8718 Capstone Ranch Dr, New Port Richey, FL, 34655

Events

Event Type Filed Date Value Description
REGISTERED AGENT ADDRESS CHANGED 2024-02-27 8718 Capstone Ranch Dr, New Port Richey, FL 34655 -
REGISTERED AGENT NAME CHANGED 2015-01-15 REDDY, PATRICIA J -
CHANGE OF MAILING ADDRESS 2009-01-15 TEAM EQUIPMENT, INC., 6620 ORCHID LAKE ROAD, NEW PORT RICHEY, FL 34653 -
CHANGE OF PRINCIPAL ADDRESS 2006-01-05 TEAM EQUIPMENT, INC., 6620 ORCHID LAKE ROAD, NEW PORT RICHEY, FL 34653 -

Documents

Name Date
ANNUAL REPORT 2025-01-17
ANNUAL REPORT 2024-02-27
ANNUAL REPORT 2023-01-24
ANNUAL REPORT 2022-01-23
ANNUAL REPORT 2021-01-28
ANNUAL REPORT 2020-02-26
ANNUAL REPORT 2019-01-22
AMENDED ANNUAL REPORT 2018-08-01
ANNUAL REPORT 2018-01-22
ANNUAL REPORT 2017-01-19

USAspending Awards. Contracts

Contract Type Award or IDV Flag PIID Start Date Current End Date Potential End Date
DELIVERY ORDER AWARD FA304712F0310 2012-08-11 2012-08-27 2012-08-27
Unique Award Key CONT_AWD_FA304712F0310_9700_GS07F0147X_4732
Awarding Agency Department of Defense
Link View Page

Award Amounts

Obligated Amount 6612.65
Current Award Amount 6612.65
Potential Award Amount 6612.65

Description

Title SUPERME GALL-SS, K-12FD RESCUE SAW, SUPE
NAICS Code 423850: SERVICE ESTABLISHMENT EQUIPMENT AND SUPPLIES MERCHANT WHOLESALERS
Product and Service Codes 4210: FIRE FIGHTING EQUIPMENT

Recipient Details

Recipient TEAM EQUIPMENT, INC.
UEI V2DDBPF4C8P4
Legacy DUNS 139677769
Recipient Address 6620 ORCHID LAKE RD, NEW PORT RICHEY, PASCO, FLORIDA, 346531111, UNITED STATES
DELIVERY ORDER AWARD M0026312F0023 2012-03-23 2012-04-04 2012-04-04
Unique Award Key CONT_AWD_M0026312F0023_9700_GS07F0147X_4732
Awarding Agency Department of Defense
Link View Page

Award Amounts

Obligated Amount 31761.03
Current Award Amount 31761.03
Potential Award Amount 31761.03

Description

Title 10 METER TRACK
NAICS Code 423850: SERVICE ESTABLISHMENT EQUIPMENT AND SUPPLIES MERCHANT WHOLESALERS
Product and Service Codes 4240: SAFETY AND RESCUE EQUIPMENT

Recipient Details

Recipient TEAM EQUIPMENT, INC.
UEI V2DDBPF4C8P4
Legacy DUNS 139677769
Recipient Address 6620 ORCHID LAKE RD, NEW PORT RICHEY, PASCO, FLORIDA, 346531111, UNITED STATES
- IDV GS07F0147X 2011-09-27 - -
Unique Award Key CONT_IDV_GS07F0147X_4732
Awarding Agency General Services Administration
Link View Page

Award Amounts

Obligated Amount 0.00
Potential Award Amount 125000.00

Description

Title FEDERAL SUPPLY SCHEDULE CONTRACT.
NAICS Code 423850: SERVICE ESTABLISHMENT EQUIPMENT AND SUPPLIES MERCHANT WHOLESALERS
Product and Service Codes 5120: HAND TOOLS, NONEDGED, NONPOWERED

Recipient Details

Recipient TEAM EQUIPMENT, INC.
UEI V2DDBPF4C8P4
Recipient Address 6620 ORCHID LAKE RD, NEW PORT RICHEY, PASCO, FLORIDA, 346531111, UNITED STATES
DELIVERY ORDER AWARD W912KC11F0196 2011-08-17 2011-09-27 2011-09-27
Unique Award Key CONT_AWD_W912KC11F0196_9700_GS07F0147X_4732
Awarding Agency Department of Defense
Link View Page

Award Amounts

Obligated Amount 16000.22
Current Award Amount 16000.22
Potential Award Amount 16000.22

Description

Title RESCUE SAW SUPERMEGA KIT WITH FUL
NAICS Code 423850: SERVICE ESTABLISHMENT EQUIPMENT AND SUPPLIES MERCHANT WHOLESALERS
Product and Service Codes 4210: FIRE FIGHTING EQUIPMENT

Recipient Details

Recipient TEAM EQUIPMENT, INC.
UEI V2DDBPF4C8P4
Legacy DUNS 139677769
Recipient Address 6620 ORCHID LAKE RD, NEW PORT RICHEY, PASCO, FLORIDA, 346531111, UNITED STATES

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
6314298410 2021-02-10 0455 PPS 6620 Orchid Lake Rd, New Port Richey, FL, 34653-1111
Loan Status Date 2021-09-28
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 127922
Loan Approval Amount (current) 127922
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 Y
Business Age Description Existing or more than 2 years old
Project Address New Port Richey, PASCO, FL, 34653-1111
Project Congressional District FL-12
Number of Employees 9
NAICS code 423990
Borrower Race White
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 Female Owned
Veteran Non-Veteran
Forgiveness Amount 128577.38
Forgiveness Paid Date 2021-08-18
5881517704 2020-05-01 0455 PPP 6620 ORCHID LAKE RD, NEW PORT RICHEY, FL, 34653-1111
Loan Status Date 2021-04-16
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 127923
Loan Approval Amount (current) 127923
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 Y
Business Age Description New Business or 2 years or less
Project Address NEW PORT RICHEY, PASCO, FL, 34653-1111
Project Congressional District FL-12
Number of Employees 10
NAICS code 423990
Borrower Race White
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 Female Owned
Veteran Non-Veteran
Forgiveness Amount 128970.92
Forgiveness Paid Date 2021-02-25

Date of last update: 01 Apr 2025

Sources: Florida Department of State