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DIAMOND PRECISION MACHINE, INC. - Florida Company Profile

Company Details

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

DIAMOND PRECISION MACHINE, 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: 22 Jun 1990 (35 years ago)
Document Number: L83103
FEI/EIN Number 593019393

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

Address: 2300 Commerce Park Dr NE, PALM BAY, FL, 32905, US
Mail Address: 2300 Commerce Park Dr NE, PALM BAY, FL, 32905, US
ZIP code: 32905
County: Brevard
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
SQUILLANTE, MICHAEL J. Director 5725 LAKE WASHINGTON RD, MELBOURNE, FL, 32934
SQUILLANTE, MICHAEL J. Agent 2300 Commerce Park Dr NE, PALM BAY, FL, 32905
SQUILLANTE, MICHAEL J. President 5725 LAKE WASHINGTON RD, MELBOURNE, FL, 32934
SQUILLANTE ROBIN L Director 5725 LAKE WASHINGTON RD, MELBOURNE, FL, 32934
SQUILLANTE ROBIN L Secretary 5725 LAKE WASHINGTON RD, MELBOURNE, FL, 32934
SQUILLANTE ROBIN L Treasurer 5725 LAKE WASHINGTON RD, MELBOURNE, FL, 32934

Events

Event Type Filed Date Value Description
CHANGE OF PRINCIPAL ADDRESS 2022-03-18 2300 Commerce Park Dr NE, Ste. 5A, PALM BAY, FL 32905 -
CHANGE OF MAILING ADDRESS 2022-03-18 2300 Commerce Park Dr NE, Ste. 5A, PALM BAY, FL 32905 -
REGISTERED AGENT ADDRESS CHANGED 2022-03-18 2300 Commerce Park Dr NE, Ste. 5A, PALM BAY, FL 32905 -
REGISTERED AGENT NAME CHANGED 1992-04-17 SQUILLANTE, MICHAEL J. -

Documents

Name Date
ANNUAL REPORT 2024-04-25
ANNUAL REPORT 2023-04-18
ANNUAL REPORT 2022-03-18
ANNUAL REPORT 2021-02-22
ANNUAL REPORT 2020-03-19
ANNUAL REPORT 2019-03-01
ANNUAL REPORT 2018-01-22
ANNUAL REPORT 2017-03-14
ANNUAL REPORT 2016-04-05
ANNUAL REPORT 2015-04-27

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
1686557701 2020-05-01 0455 PPP 2300 COMMERCE PARK DR NE, PALM BAY, FL, 32905
Loan Status Date 2021-06-24
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 145000
Loan Approval Amount (current) 145000
Undisbursed Amount 0
Franchise Name -
Lender Location ID 48270
Servicing Lender Name JPMorgan Chase Bank, National Association
Servicing Lender Address 1111 Polaris Pkwy, COLUMBUS, OH, 43240-2031
Rural or Urban Indicator U
Hubzone N
LMI Y
Business Age Description Existing or more than 2 years old
Project Address PALM BAY, BREVARD, FL, 32905-2200
Project Congressional District FL-08
Number of Employees 12
NAICS code 332710
Borrower Race White
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 194093
Originating Lender Name JPMorgan Chase Bank, National Association
Originating Lender Address CHICAGO, IL
Gender Female Owned
Veteran Veteran
Forgiveness Amount 146456.53
Forgiveness Paid Date 2021-05-06
4143538601 2021-03-18 0455 PPS 2300 Commerce Park Dr NE, Palm Bay, FL, 32905-2619
Loan Status Date 2022-02-18
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 132500
Loan Approval Amount (current) 132500
Undisbursed Amount 0
Franchise Name -
Lender Location ID 48270
Servicing Lender Name JPMorgan Chase Bank, National Association
Servicing Lender Address 1111 Polaris Pkwy, COLUMBUS, OH, 43240-2031
Rural or Urban Indicator U
Hubzone N
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Palm Bay, BREVARD, FL, 32905-2619
Project Congressional District FL-08
Number of Employees 16
NAICS code 333999
Borrower Race White
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 48270
Originating Lender Name JPMorgan Chase Bank, National Association
Originating Lender Address COLUMBUS, OH
Gender Female Owned
Veteran Veteran
Forgiveness Amount 133531.59
Forgiveness Paid Date 2022-01-03

U.S. Small Business Administration Profile

Status User ID Name of Firm Trade Name UEI Address
Active P0358564 DIAMOND PRECISION MACHINE INC - UWNMD1FQMLN5 2300 COMMERCE PARK DR NE, PALM BAY, FL, 32905-2619
Capabilities Statement Link -
Phone Number 321-729-8453
Fax Number 321-729-6634
E-mail Address Danielle@diamondprecision.net
WWW Page http://www.diamondprecision.net/
E-Commerce Website -
Contact Person DANIELLE WATKINS
County Code (3 digit) 009
Congressional District 08
Metropolitan Statistical Area 4900
CAGE Code 032A1
Year Established 1990
Accepts Government Credit Card No
Legal Structure Corporation
Ownership and Self-Certifications Self-Certified Small Disadvantaged Business, Women-Owned Small Business, Woman Owned
Business Development Servicing Office SOUTH FLORIDA DISTRICT OFFICE (SBA office code 0455)
Capabilities Narrative We are a highly precision machine shop. We produce Military & Areospace parts/pieces
Special Equipment/Materials CNC Vision Inspection Equipment, CNC Mills, CNC Lathes
Business Type Percentages Manufacturing (100 %)
Keywords Precision machining, areospace and military applications
Quality Assurance Standards ISO-9000 SeriesANSI/ASQC Z1.4MIL-STD-45662AMIL-Q-9858
Electronic Data Interchange capable -

Current Principals

Name Robin Squillante
Role CEO
Name Michael Squillante
Role President

SBA Federal Certifications

HUBZone Certified No
Women Owned Certified No
Women Owned Pending No
Economically Disadvantaged Women Owned Certified No
Economically Disadvantaged Women Owned Pending No
Veteran-Owned Small Business Certified No
Veteran-Owned Small Business Joint Venture No
Service-Disabled Veteran-Owned Small Business Certified No
Service-Disabled Veteran-Owned Small Business Joint Venture No

Bonding Levels

Description Construction Bonding Level (per contract)
Level $0
Description Construction Bonding Level (aggregate)
Level $0
Description Service Bonding Level (per contract)
Level $0
Description Service Bonding Level (aggregate)
Level $0

NAICS Codes with Size Determinations by NAICS

Primary Yes
Code 332710
NAICS Code's Description Machine Shops
Small Yes
Code 326199
NAICS Code's Description All Other Plastics Product Manufacturing
Small Yes
Code 332721
NAICS Code's Description Precision Turned Product Manufacturing
Small Yes
Code 333515
NAICS Code's Description Cutting Tool and Machine Tool Accessory Manufacturing
Small Yes

Export Profile (Trade Mission Online)

Exporter No
Export Business Activities (none given)
Exporting to (none given)
Desired Export Business Relationships (none given)
Description of Export Objective(s) (none given)

Date of last update: 01 Mar 2025

Sources: Florida Department of State