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PAYLESS FURNITURE, INC. - Florida Company Profile

Company Details

Entity Name: PAYLESS FURNITURE, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

PAYLESS FURNITURE, 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: 03 Jan 2003 (22 years ago)
Date of dissolution: 15 Sep 2006 (19 years ago)
Last Event: ADMIN DISSOLUTION FOR ANNUAL REPORT
Event Date Filed: 15 Sep 2006 (19 years ago)
Document Number: P03000001135
FEI/EIN Number 020660033

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

Address: 731 N.E. 5TH STREET, CRYSTAL RIVER, FL, 34429
Mail Address: 731 N.E. 5TH STREET, CRYSTAL RIVER, FL, 34429
ZIP code: 34429
County: Citrus
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
LONG HAROLD T President 7625 N BRAIRPATCH STREET, HOMOSASSA, FL, 34446
LONG HAROLD T Secretary 7625 N BRAIRPATCH STREET, HOMOSASSA, FL, 34446
LONG HAROLD T Treasurer 7625 N BRAIRPATCH STREET, HOMOSASSA, FL, 34446
LONG HAROLD T Agent 731 N.E. 5TH STREET, CRYSTAL RIVER, FL, 34429

Events

Event Type Filed Date Value Description
ADMIN DISSOLUTION FOR ANNUAL REPORT 2006-09-15 - -

Documents

Name Date
ANNUAL REPORT 2005-02-08
ANNUAL REPORT 2004-08-20
Domestic Profit 2003-01-03

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
7849727304 2020-04-30 0455 PPP 10013 N NEBRASKA AVE, TAMPA, FL, 33612-8035
Loan Status Date 2021-04-16
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 11108
Loan Approval Amount (current) 11108
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 Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address TAMPA, HILLSBOROUGH, FL, 33612-8035
Project Congressional District FL-15
Number of Employees 3
NAICS code 453998
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Partnership
Originating Lender ID 9551
Originating Lender Name Bank of America, National Association
Originating Lender Address CHARLOTTE, NC
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 11199.3
Forgiveness Paid Date 2021-02-25

Date of last update: 02 Apr 2025

Sources: Florida Department of State