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PRECISION ELECTRIC, INC. - Florida Company Profile

Company Details

Entity Name: PRECISION ELECTRIC, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

PRECISION ELECTRIC, 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: 11 Jul 1988 (37 years ago)
Last Event: REINSTATEMENT
Event Date Filed: 13 Jan 2012 (13 years ago)
Document Number: K27916
FEI/EIN Number 650069750

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

Address: 1554 GLOBAL CT, SARASOTA, FL, 34240, US
Mail Address: C/O HAWKINS, JAMES B., 1554 GLOBAL COURT, SARASOTA, FL, 34240, US
ZIP code: 34240
County: Sarasota
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
WIDRICK DALE A Vice President 2211 Lakewood Ranch Boulevard, SARASOTA, FL, 34240
HAWKINS, DOROTHY Treasurer 1250 BERN CREEK LOOP, SARASOTA, FL, 34240
HAWKINS JAMES B. President 1250 BERN CREEK LOOP, SARASOTA, FL, 34240
WIDRICK, DALE Agent 1554 GLOBAL CT, SARASOTA, FL, 34240

Events

Event Type Filed Date Value Description
REINSTATEMENT 2012-01-13 - -
ADMIN DISSOLUTION FOR ANNUAL REPORT 2010-09-24 - -
CHANGE OF PRINCIPAL ADDRESS 2005-02-04 1554 GLOBAL CT, SARASOTA, FL 34240 -
REGISTERED AGENT ADDRESS CHANGED 2005-02-04 1554 GLOBAL CT, SARASOTA, FL 34240 -
CHANGE OF MAILING ADDRESS 2004-02-18 1554 GLOBAL CT, SARASOTA, FL 34240 -

Documents

Name Date
ANNUAL REPORT 2025-01-16
ANNUAL REPORT 2024-01-27
ANNUAL REPORT 2023-01-28
ANNUAL REPORT 2022-01-24
ANNUAL REPORT 2021-01-15
ANNUAL REPORT 2020-01-15
ANNUAL REPORT 2019-02-07
ANNUAL REPORT 2018-03-01
ANNUAL REPORT 2017-02-13
ANNUAL REPORT 2016-03-07

OSHA's Inspections within Industry

Inspection Nr Report ID Date Opened Site Address
17447194 0420600 1985-04-18 5100 EAST ACLINE STREET, TAMPA, FL, 33619
Inspection Type Planned
Scope Complete
Safety/Health Safety
Close Conference 1985-04-18
Case Closed 1985-05-07

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
9703177301 2020-05-02 0455 PPP 1554 GLOBAL CT, SARASOTA, FL, 34240-7860
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) 54572
Loan Approval Amount (current) 54572
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 Existing or more than 2 years old
Project Address SARASOTA, SARASOTA, FL, 34240-7860
Project Congressional District FL-17
Number of Employees 5
NAICS code 238210
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 9551
Originating Lender Name Bank of America, National Association
Originating Lender Address CHARLOTTE, NC
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 55162.57
Forgiveness Paid Date 2021-06-04

Date of last update: 02 Apr 2025

Sources: Florida Department of State