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BASIC PRINCIPLES CORPORATION - Florida Company Profile

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Company Details

Entity Name: BASIC PRINCIPLES CORPORATION
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

BASIC PRINCIPLES CORPORATION 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: 31 Jul 2002 (23 years ago)
Last Event: REINSTATEMENT
Event Date Filed: 01 Apr 2011 (14 years ago)
Document Number: P02000083080
FEI/EIN Number 550790213

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

Address: 33012 Kateland Dr, Wesley Chapel, FL, 33545, US
Mail Address: 33012 Kateland Drive, Wesley Chapel, FL, 33545, US
ZIP code: 33545
City: Wesley Chapel
County: Pasco
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
MARCUS MCCANTS Agent 33012 Kateland Drive, Wesley Chapel, FL, 33545
MCCANTS MARCUS M President 33012 Kateland Drive, Wesley Chapel, FL, 33545
MCCANTS MARCUS M Director 33012 Kateland Drive, Wesley Chapel, FL, 33545

Form 5500 Series

Employer Identification Number (EIN):
550790213
Plan Year:
2023
Number Of Participants:
19
Sponsors Telephone Number:
Plan Year:
2023
Number Of Participants:
6
Sponsors Telephone Number:
Plan Year:
2022
Number Of Participants:
2
Sponsors Telephone Number:
Plan Year:
2021
Number Of Participants:
2
Sponsors Telephone Number:
Plan Year:
2020
Number Of Participants:
2
Sponsors Telephone Number:

Events

Event Type Filed Date Value Description
CHANGE OF PRINCIPAL ADDRESS 2024-02-07 33012 Kateland Dr, Wesley Chapel, FL 33545 -
REGISTERED AGENT ADDRESS CHANGED 2017-02-20 33012 Kateland Drive, Wesley Chapel, FL 33545 -
CHANGE OF MAILING ADDRESS 2017-02-20 33012 Kateland Dr, Wesley Chapel, FL 33545 -
REINSTATEMENT 2011-04-01 - -
REGISTERED AGENT NAME CHANGED 2011-04-01 MARCUS MCCANTS -
ADMIN DISSOLUTION FOR ANNUAL REPORT 2010-09-24 - -
CANCEL ADM DISS/REV 2005-10-11 - -
ADMIN DISSOLUTION FOR ANNUAL REPORT 2005-09-16 - -
CANCEL ADM DISS/REV 2003-11-05 - -
ADMIN DISSOLUTION FOR ANNUAL REPORT 2003-09-19 - -

Documents

Name Date
ANNUAL REPORT 2025-01-28
ANNUAL REPORT 2024-02-07
ANNUAL REPORT 2023-02-09
ANNUAL REPORT 2022-03-23
ANNUAL REPORT 2021-04-30
ANNUAL REPORT 2020-03-20
ANNUAL REPORT 2019-04-05
ANNUAL REPORT 2018-04-06
ANNUAL REPORT 2017-02-20
ANNUAL REPORT 2016-03-08

USAspending Awards / Financial Assistance

Date:
2020-05-03
Awarding Agency Name:
Small Business Administration
Transaction Description:
TO AID SMALL BUSINESSES IN MAINTAINING WORK FORCE DURING COVID-19 PANDEMIC.
Obligated Amount:
0.00
Face Value Of Loan:
125283.00
Total Face Value Of Loan:
125283.00

Paycheck Protection Program

Jobs Reported:
52
Initial Approval Amount:
$125,283
Date Approved:
2020-05-01
Loan Status:
Paid in Full
SBA Guaranty Percentage:
100
Current Approval Amount:
$125,283
Race:
Unanswered
Ethnicity:
Unknown/NotStated
Gender:
Male Owned
Veteran:
Non-Veteran
Forgiveness Amount:
$126,290.14
Servicing Lender:
Bank of America, National Association
Use of Proceeds:
Payroll: $125,283

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Date of last update: 01 Jul 2025

Sources: Florida Department of State