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DRAKE TOOL CO., INC. - Florida Company Profile

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Company Details

Entity Name: DRAKE TOOL CO., INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

DRAKE TOOL CO., 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 Aug 1987 (38 years ago)
Date of dissolution: 03 Feb 2023 (2 years ago)
Last Event: VOLUNTARY DISSOLUTION
Event Date Filed: 03 Feb 2023 (2 years ago)
Document Number: J86983
FEI/EIN Number 592826257

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

Address: Mary Lou Drake, 10211 GENERAL DRIVE, ORLANDO, FL, 32824, US
Mail Address: Mary Lou Drake, 10211 GENERAL DRIVE, ORLANDO, FL, 32824, US
ZIP code: 32824
City: Orlando
County: Orange
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
Gage Russell J Secretary 10211 General Drive, Orlando, FL, 32824
Drake Mary Lou President 10211 General Drake, ORLANDO, FL, 32824
Gage Russell J Treasurer 10211 General Drive, Orlando, FL, 32824
Drake Mary Lou Agent 10211 GENERAL DRIVE, ORLANDO, FL, 32824

Events

Event Type Filed Date Value Description
VOLUNTARY DISSOLUTION 2023-02-03 - -
CHANGE OF PRINCIPAL ADDRESS 2015-03-13 Mary Lou Drake, 10211 GENERAL DRIVE, ORLANDO, FL 32824 -
CHANGE OF MAILING ADDRESS 2015-03-13 Mary Lou Drake, 10211 GENERAL DRIVE, ORLANDO, FL 32824 -
REGISTERED AGENT NAME CHANGED 2014-04-14 Drake, Mary Lou -

Documents

Name Date
VOLUNTARY DISSOLUTION 2023-02-03
ANNUAL REPORT 2022-03-16
ANNUAL REPORT 2021-01-12
ANNUAL REPORT 2020-01-29
ANNUAL REPORT 2019-04-02
ANNUAL REPORT 2018-04-10
ANNUAL REPORT 2017-03-19
ANNUAL REPORT 2016-03-12
ANNUAL REPORT 2015-03-13
ANNUAL REPORT 2014-04-14

USAspending Awards / Financial Assistance

Date:
2020-04-30
Awarding Agency Name:
Small Business Administration
Transaction Description:
TO AID SMALL BUSINESSES IN MAINTAINING WORK FORCE DURING COVID-19 PANDEMIC.
Obligated Amount:
0.00
Face Value Of Loan:
74502.00
Total Face Value Of Loan:
74502.00

OSHA's Inspections within Industry

Inspection Summary

Date:
2024-10-15
Type:
Planned
Address:
10211 GENERAL DRIVE, ORLANDO, FL, 32824
Safety Health:
Safety
Scope:
NoInspection

Paycheck Protection Program

Jobs Reported:
11
Initial Approval Amount:
$74,502
Date Approved:
2020-04-30
Loan Status:
Paid in Full
SBA Guaranty Percentage:
100
Current Approval Amount:
$74,502
Race:
Unanswered
Ethnicity:
Unknown/NotStated
Gender:
Unanswered
Veteran:
Unanswered
Forgiveness Amount:
$70,889.86
Servicing Lender:
Bank of America, National Association
Use of Proceeds:
Payroll: $74,502

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Date of last update: 01 Jul 2025

Sources: Florida Department of State