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MAGNIFY THE SOLUTION, LLC - Florida Company Profile

Company Details

Entity Name: MAGNIFY THE SOLUTION, LLC
Jurisdiction: FLORIDA
Filing Type: Florida Limited Liability Co.

MAGNIFY THE SOLUTION, LLC is structured as a Limited Liability Company (LLC), a common business structure that offers its members limited liability protection, separating their personal assets from the company's debts and obligations.
In Florida, LLCs are governed by Title XXXVI, Chapter 605, Florida Revised Limited Liability Company 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: 29 Jun 2020 (5 years ago)
Date of dissolution: 25 Nov 2024 (5 months ago)
Last Event: ADMIN DISSOLUTION FOR REGISTERED AGENT
Event Date Filed: 25 Nov 2024 (5 months ago)
Document Number: L20000204062
FEI/EIN Number 82-1418744

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

Address: 3249 Whitman Way, Tallahassee, FL, 32311, US
Mail Address: 2850 34TH STREET NORTH #324, SAINT PETERSBURG, FL, 33713, US
ZIP code: 32311
County: Leon
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
POWIS PHILIP Manager 2850 34TH STREET NORTH #324, SAINT PETERSBURG, FL, 33713

Events

Event Type Filed Date Value Description
REINSTATEMENT 2025-04-08 - -
ADMIN DISSOLUTION FOR REGISTERED AGENT 2024-11-25 - -
CHANGE OF PRINCIPAL ADDRESS 2023-03-20 3249 Whitman Way, Tallahassee, FL 32311 -
CONVERSION 2020-06-29 - CORPORATION WAS A CONVERSION RESULT. CONVERTING CORPORATION WAS. CONVERSION NUMBER 700000204157

Documents

Name Date
Admin. Diss. for Reg. Agent 2024-11-25
Reg. Agent Resignation 2024-08-23
ANNUAL REPORT 2024-03-27
ANNUAL REPORT 2023-03-20
ANNUAL REPORT 2022-01-18
ANNUAL REPORT 2021-03-13
Florida Limited Liability 2020-06-29

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
1496358009 2020-06-22 0455 PPP 5201 15TH AVE S, GULFPORT, FL, 33707-4323
Loan Status Date 2021-04-16
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 14955
Loan Approval Amount (current) 14955
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 GULFPORT, PINELLAS, FL, 33707-4323
Project Congressional District FL-13
Number of Employees 1
NAICS code 541910
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Limited Liability Company(LLC)
Originating Lender ID 9551
Originating Lender Name Bank of America, National Association
Originating Lender Address CHARLOTTE, NC
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 15061.12
Forgiveness Paid Date 2021-03-10

Date of last update: 01 Apr 2025

Sources: Florida Department of State