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PRECISION ELECTRIC OF LAKELAND INC. - Florida Company Profile

Company Details

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

PRECISION ELECTRIC OF LAKELAND 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: 11 Sep 2000 (25 years ago)
Date of dissolution: 13 Sep 2022 (3 years ago)
Last Event: CONVERSION
Event Date Filed: 13 Sep 2022 (3 years ago)
Document Number: P00000085562
FEI/EIN Number 593672614

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

Address: 3734 DMG Drive, LAKELAND, FL, 33811, US
Mail Address: 3734 DMG Drive, LAKELAND, FL, 33811, US
ZIP code: 33811
County: Polk
Place of Formation: FLORIDA

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
PRECISION ELECTRIC OF LAKELAND 401(K) RETIREMENT PLAN 2022 593672614 2024-02-15 PRECISION ELECTRIC OF LAKELAND INC 25
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2019-01-01
Business code 238210
Sponsor’s telephone number 8636475902
Plan sponsor’s address 3734 DMG DRIVE, LAKELAND, FL, 33811
PRECISION ELECTRIC OF LAKELAND 401(K) RETIREMENT PLAN 2021 593672614 2022-12-12 PRECISION ELECTRIC OF LAKELAND INC 26
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2019-01-01
Business code 238210
Sponsor’s telephone number 8636475902
Plan sponsor’s address 3734 DMG DRIVE, LAKELAND, FL, 33811
PRECISION ELECTRIC OF LAKELAND 401(K) RETIREMENT PLAN 2020 593672614 2021-10-13 PRECISION ELECTRIC OF LAKELAND INC 22
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2019-01-01
Business code 238210
Sponsor’s telephone number 8636475902
Plan sponsor’s address 3734 DMG DRIVE, LAKELAND, FL, 33811
PRECISION ELECTRIC OF LAKELAND 401(K) RETIREMENT PLAN 2019 593672614 2020-07-27 PRECISION ELECTRIC OF LAKELAND, INC. 22
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2019-01-01
Business code 238210
Sponsor’s telephone number 8636475902
Plan sponsor’s address 3990 S. PIPKIN ROAD, LAKELAND, FL, 33811

Signature of

Role Plan administrator
Date 2020-07-27
Name of individual signing MICHAEL JOHNSON
Valid signature Filed with authorized/valid electronic signature

Key Officers & Management

Name Role Address
JOHNSON MIKE President 1703 LAUREL GLEN PLACE, LAKELAND, FL, 33803
HUGHES MATTHEW Chief Operating Officer 1040 Viewpoint Way, LAKELAND, FL, 33813
MURPHY MELANIE Chief Financial Officer 702 Hamilton Place Drive, LAKELAND, FL, 33813
JOHNSON MICHAEL Agent 3734 DMG Drive, LAKELAND, FL, 33811

Events

Event Type Filed Date Value Description
CONVERSION 2022-09-13 - CONVERSION MEMBER. RESULTING CORPORATION WAS L22000393087. CONVERSION NUMBER 900000230479
REGISTERED AGENT ADDRESS CHANGED 2022-03-18 3734 DMG Drive, LAKELAND, FL 33811 -
CHANGE OF PRINCIPAL ADDRESS 2022-03-18 3734 DMG Drive, LAKELAND, FL 33811 -
CHANGE OF MAILING ADDRESS 2022-03-18 3734 DMG Drive, LAKELAND, FL 33811 -
AMENDMENT 2018-05-11 - -
AMENDMENT 2017-06-12 - -
REGISTERED AGENT NAME CHANGED 2016-02-09 JOHNSON, MICHAEL -
AMENDMENT 2015-12-14 - -
AMENDMENT 2012-05-02 - -

Documents

Name Date
ANNUAL REPORT 2022-03-18
ANNUAL REPORT 2021-02-01
ANNUAL REPORT 2020-02-28
ANNUAL REPORT 2019-04-22
Amendment 2018-05-11
ANNUAL REPORT 2018-02-27
Amendment 2017-06-12
ANNUAL REPORT 2017-01-27
ANNUAL REPORT 2016-02-09
Amendment 2015-12-14

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
2859397106 2020-04-11 0455 PPP 3990 S PIPKIN RD, LAKELAND, FL, 33811-1422
Loan Status Date 2020-12-10
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 297741.55
Loan Approval Amount (current) 297741.55
Undisbursed Amount 0
Franchise Name -
Lender Location ID 17113
Servicing Lender Name Citizens Bank and Trust
Servicing Lender Address 2 E Wall St, FROSTPROOF, FL, 33843-2127
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address LAKELAND, POLK, FL, 33811-1422
Project Congressional District FL-15
Number of Employees 21
NAICS code 238210
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 17113
Originating Lender Name Citizens Bank and Trust
Originating Lender Address FROSTPROOF, FL
Gender Female Owned
Veteran Unanswered
Forgiveness Amount 299362.59
Forgiveness Paid Date 2020-11-03
1244078306 2021-01-16 0455 PPS 3990 S Pipkin Rd, Lakeland, FL, 33811-1422
Loan Status Date 2021-07-09
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 297741.52
Loan Approval Amount (current) 297741.52
Undisbursed Amount 0
Franchise Name -
Lender Location ID 17113
Servicing Lender Name Citizens Bank and Trust
Servicing Lender Address 2 E Wall St, FROSTPROOF, FL, 33843-2127
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Lakeland, POLK, FL, 33811-1422
Project Congressional District FL-15
Number of Employees 21
NAICS code 238210
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 17113
Originating Lender Name Citizens Bank and Trust
Originating Lender Address FROSTPROOF, FL
Gender Male Owned
Veteran Unanswered
Forgiveness Amount 299015.19
Forgiveness Paid Date 2021-06-28

Date of last update: 01 Apr 2025

Sources: Florida Department of State