SCRAP IT, LLC - Florida Company Profile

Company Details

Entity Name:	SCRAP IT, LLC
Jurisdiction:	FLORIDA
Filing Type:	Florida Limited Liability Co. SCRAP IT, 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:	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:	07 Nov 2024 (6 months ago)
Document Number:	L24000471644
Mail Address:	1248 GEORGE JENKINS BLVD, BUILDING B-1, LAKELAND, FL, 33815
Address:	4375 STATE ROAD 60 W, MULBERRY, FL, 33860
ZIP code:	33860
County:	Polk
Place of Formation:	FLORIDA

Name	Role	Address
KELLY DERRICK	Manager	4375 STATE ROAD 60 W, MULBERRY, FL, 33860
RACHLIN MARC S	Manager	1248 GEORGE JENKINS BLVD, LAKELAND, FL, 33815
BROOKE HAMLIN	Manager	1248 GEORGE JENKINS BLVD, LAKELAND, FL, 33815
RACHLIN MARC S	Agent	1248 GEORGE JENKINS BLVD, LAKELAND, FL, 33815

Name	Date
Florida Limited Liability	2024-11-07

Loan Number

Loan Funded Date

SBA Origination Office Code

Loan Delivery Method

Borrower Street Address

6256758407

2021-02-10

0455

PPS

4375 HWY 60 W, MULBERRY, FL, 33860

Loan Status Date	2021-08-18
Loan Status	Paid in Full
Loan Maturity in Months	60
SBA Guaranty Percentage	100
Loan Approval Amount (at origination)	49635
Loan Approval Amount (current)	49635
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	MULBERRY, POLK, FL, 33860
Project Congressional District	FL-15
Number of Employees	5
NAICS code	423930
Borrower Race	White
Borrower Ethnicity	Not Hispanic or Latino
Business Type	Limited Liability Company(LLC)
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	49860.74
Forgiveness Paid Date	2021-07-28

6455907705

2020-05-01

0455

PPP

4375 SR 60 W, MULBERRY, FL, 33860

Loan Status Date	2022-10-19
Loan Status	Charged Off
Loan Maturity in Months	30
SBA Guaranty Percentage	100
Loan Approval Amount (at origination)	50609
Loan Approval Amount (current)	50609
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	MULBERRY, POLK, FL, 33860-0001
Project Congressional District	FL-18
Number of Employees	5
NAICS code	423930
Borrower Race	White
Borrower Ethnicity	Not Hispanic or Latino
Business Type	Limited Liability Company(LLC)
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	41024.04
Forgiveness Paid Date	2021-05-13

Date of last update: 02 Apr 2025