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NEW WAY GROUP CORPORATION - Florida Company Profile

Company Details

Entity Name: NEW WAY GROUP CORPORATION
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

NEW WAY GROUP 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: 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: 15 Jan 2003 (22 years ago)
Date of dissolution: 23 Sep 2022 (3 years ago)
Last Event: ADMIN DISSOLUTION FOR ANNUAL REPORT
Event Date Filed: 23 Sep 2022 (3 years ago)
Document Number: P03000006075
FEI/EIN Number 161649028

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

Address: 150 41st Ave. N., SAINT PETERSBURG, FL, 33703, US
Mail Address: 150 41st Ave. N., SAINT PETERSBURG, FL, 33703, US
ZIP code: 33703
County: Pinellas
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
KWAK KWANG C President 150 41st Ave. N., SAINT PETERSBURG, FL, 33703
KWAK KWANG C Agent 150 41st Ave. N., SAINT PETERSBURG, FL, 33703

Events

Event Type Filed Date Value Description
ADMIN DISSOLUTION FOR ANNUAL REPORT 2022-09-23 - -
CHANGE OF PRINCIPAL ADDRESS 2017-04-04 150 41st Ave. N., #315, SAINT PETERSBURG, FL 33703 -
CHANGE OF MAILING ADDRESS 2017-04-04 150 41st Ave. N., #315, SAINT PETERSBURG, FL 33703 -
REGISTERED AGENT ADDRESS CHANGED 2017-04-04 150 41st Ave. N., #315, SAINT PETERSBURG, FL 33703 -
REGISTERED AGENT NAME CHANGED 2015-03-09 KWAK, KWANG C -
REINSTATEMENT 2015-03-09 - -
ADMIN DISSOLUTION FOR ANNUAL REPORT 2014-09-26 - -

Documents

Name Date
ANNUAL REPORT 2021-04-21
ANNUAL REPORT 2020-03-15
ANNUAL REPORT 2019-04-03
ANNUAL REPORT 2018-03-12
ANNUAL REPORT 2017-04-04
ANNUAL REPORT 2016-03-16
REINSTATEMENT 2015-03-09
ANNUAL REPORT 2013-03-20
ANNUAL REPORT 2012-03-15
ANNUAL REPORT 2011-04-05

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
1541778507 2021-02-19 0455 PPP 150 41st Ave N Apt 315, St Petersburg, FL, 33703-4864
Loan Status Date -
Loan Status Exemption 4
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 45100
Loan Approval Amount (current) 45100
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 N
LMI N
Business Age Description Existing or more than 2 years old
Project Address St Petersburg, PINELLAS, FL, 33703-4864
Project Congressional District FL-14
Number of Employees 11
NAICS code 561499
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 9551
Originating Lender Name Bank of America, National Association
Originating Lender Address CHARLOTTE, NC
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 20110.68
Forgiveness Paid Date 2021-09-13

Date of last update: 02 Apr 2025

Sources: Florida Department of State