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FARO BEARINGS INC. - Florida Company Profile

Company Details

Entity Name: FARO BEARINGS INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

FARO BEARINGS 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: 12 Apr 2002 (23 years ago)
Document Number: P02000042820
FEI/EIN Number 880319409

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

Address: 6208 CLARK CENTER AVENUE, SARASOTA, FL, 34238
Mail Address: 6208 CLARK CENTER AVENUE, SARASOTA, FL, 34238
ZIP code: 34238
County: Sarasota
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
FORBES MICHAEL A President 6208 CLARK CENTER AV, SARASOTA, FL, 34238
CAMBIATI GIUSEPPE Vice President 6208 CLARK CENTER AVENUE, SARASOTA, FL, 34238
FORBES MICHAEL Agent 6208 CLARK CENTER AVE, SARASOTA, FL, 34238

Events

Event Type Filed Date Value Description
CHANGE OF MAILING ADDRESS 2012-04-30 6208 CLARK CENTER AVENUE, SARASOTA, FL 34238 -
CHANGE OF PRINCIPAL ADDRESS 2007-08-01 6208 CLARK CENTER AVENUE, SARASOTA, FL 34238 -
REGISTERED AGENT ADDRESS CHANGED 2007-08-01 6208 CLARK CENTER AVE, SARASOTA, FL 34238 -

Documents

Name Date
ANNUAL REPORT 2024-03-20
ANNUAL REPORT 2023-04-06
ANNUAL REPORT 2022-04-10
ANNUAL REPORT 2021-04-28
ANNUAL REPORT 2020-04-28
ANNUAL REPORT 2019-04-15
ANNUAL REPORT 2018-04-06
ANNUAL REPORT 2017-05-08
ANNUAL REPORT 2016-05-01
ANNUAL REPORT 2015-04-23

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
2553248503 2021-02-20 0455 PPS 6208 Clark Center Ave, Sarasota, FL, 34238-2752
Loan Status Date 2022-02-15
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 37000
Loan Approval Amount (current) 37000
Undisbursed Amount 0
Franchise Name -
Lender Location ID 19133
Servicing Lender Name United Community Bank
Servicing Lender Address 200 E Camperdown Way, Greenville, SC, 29601
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Sarasota, SARASOTA, FL, 34238-2752
Project Congressional District FL-17
Number of Employees 2
NAICS code 423840
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Limited Liability Company(LLC)
Originating Lender ID 19133
Originating Lender Name United Community Bank
Originating Lender Address Greenville, SC
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 37339.59
Forgiveness Paid Date 2022-01-25
5724427207 2020-04-27 0455 PPP 6208 Clark Center Avenue, SARASOTA, FL, 34238-2752
Loan Status Date 2021-03-23
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 37019
Loan Approval Amount (current) 37019
Undisbursed Amount 0
Franchise Name -
Lender Location ID 19133
Servicing Lender Name United Community Bank
Servicing Lender Address 200 E Camperdown Way, Greenville, SC, 29601
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address SARASOTA, SARASOTA, FL, 34238-2752
Project Congressional District FL-17
Number of Employees 2
NAICS code 332710
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Limited Liability Company(LLC)
Originating Lender ID 444435
Originating Lender Name United Community Bank
Originating Lender Address ORLANDO, FL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 37301.97
Forgiveness Paid Date 2021-02-03

Date of last update: 01 Apr 2025

Sources: Florida Department of State