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  5. INOVAXE CORPORATION

INOVAXE CORPORATION

Company Details

Entity Name: INOVAXE CORPORATION
Jurisdiction: FLORIDA
Filing Type: Domestic Profit
Status: Active
Date Filed: 02 Sep 2003 (21 years ago)
Document Number: P03000097795
FEI/EIN Number 542122947
Address: 260 S.W. 12TH AVENUE, DEERFIELD BEACH, FL, 33442, US
Mail Address: 260 S.W. 12TH AVENUE, DEERFIELD BEACH, FL, 33442, US
ZIP code: 33442
County: Broward
Place of Formation: FLORIDA

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
INOVAXE CORPORATION 401(K) PROFIT SHARING PLAN & TRUST 2023 542122947 2024-07-30 INOVAXE CORPORATION 21
File View Page
Three-digit plan number (PN) 002
Effective date of plan 2007-01-01
Business code 561410
Sponsor’s telephone number 9545311363
Plan sponsor’s address 260 SW 12TH AVE, DEERFIELD BEACH, FL, 334423104

Signature of
Role Plan administrator
Date 2024-07-30
Name of individual signing MARGUERITE KHOSHNOOD
Valid signature Filed with authorized/valid electronic signature
INOVAXE CORPORATION 401(K) PROFIT SHARING PLAN & TRUST 2022 542122947 2023-07-31 INOVAXE CORPORATION 19
File View Page
Three-digit plan number (PN) 002
Effective date of plan 2007-01-01
Business code 561410
Sponsor’s telephone number 9545311363
Plan sponsor’s address 260 SW 12TH AVE, DEERFIELD BEACH, FL, 334423104

Signature of
Role Plan administrator
Date 2023-07-31
Name of individual signing MARGUERITE KHOSHNOOD
Valid signature Filed with authorized/valid electronic signature
INOVAXE CORPORATION 401(K) PROFIT SHARING PLAN & TRUST 2021 542122947 2022-07-22 INOVAXE CORPORATION 15
File View Page
Three-digit plan number (PN) 002
Effective date of plan 2007-01-01
Business code 561410
Sponsor’s telephone number 9545311363
Plan sponsor’s address 260 SW 12TH AVE, DEERFIELD BEACH, FL, 334423104

Signature of
Role Plan administrator
Date 2022-07-22
Name of individual signing MARGUERITE KHOSHNOOD
Valid signature Filed with authorized/valid electronic signature
INOVAXE CORPORATION 401(K) PROFIT SHARING PLAN & TRUST 2020 542122947 2021-07-30 INOVAXE CORPORATION 19
File View Page
Three-digit plan number (PN) 002
Effective date of plan 2007-01-01
Business code 561410
Sponsor’s telephone number 9545311363
Plan sponsor’s address 260 SW 12TH AVE, DEERFIELD BEACH, FL, 334423104

Signature of
Role Plan administrator
Date 2021-07-30
Name of individual signing MARGUERITE KHOSHNOOD
Valid signature Filed with authorized/valid electronic signature
INOVAXE CORPORATION 401(K) PROFIT SHARING PLAN & TRUST 2019 542122947 2020-07-23 INOVAXE CORPORATION 15
File View Page
Three-digit plan number (PN) 002
Effective date of plan 2007-01-01
Business code 561410
Sponsor’s telephone number 9545311363
Plan sponsor’s address 260 SW 12TH AVE, DEERFIELD BEACH, FL, 334423104

Signature of
Role Plan administrator
Date 2020-07-23
Name of individual signing MARGY KHOSHNOOD
Valid signature Filed with authorized/valid electronic signature
INOVAXE CORPORATION 401 K PROFIT SHARING PLAN TRUST 2018 542122947 2019-07-31 INOVAXE CORPORATION 11
File View Page
Three-digit plan number (PN) 002
Effective date of plan 2007-01-01
Business code 561410
Sponsor’s telephone number 9545311363
Plan sponsor’s address 260 SW 12TH AVE, DEERFIELD BEACH, FL, 334423104

Signature of
Role Plan administrator
Date 2019-07-31
Name of individual signing MARGUERITE KHOSHNOOD
Valid signature Filed with authorized/valid electronic signature
INOVAXE CORPORATION 401 K PROFIT SHARING PLAN TRUST 2017 542122947 2018-07-31 INOVAXE CORPORATION 7
File View Page
Three-digit plan number (PN) 002
Effective date of plan 2007-01-01
Business code 561410
Sponsor’s telephone number 9545311363
Plan sponsor’s address 260 SW 12TH AVE, DEERFIELD BEACH, FL, 334423104

Signature of
Role Plan administrator
Date 2018-07-31
Name of individual signing MARGUERITE KHOSHNOOD
Valid signature Filed with authorized/valid electronic signature
INOVAXE CORPORATION 401 K PROFIT SHARING PLAN TRUST 2016 542122947 2017-07-28 INOVAXE CORPORATION 7
File View Page
Three-digit plan number (PN) 002
Effective date of plan 2007-01-01
Business code 561410
Sponsor’s telephone number 9545311363
Plan sponsor’s address 260 SW 12TH AVE, DEERFIELD BEACH, FL, 334423104

Signature of
Role Plan administrator
Date 2017-07-28
Name of individual signing MARGUERITE KHOSHNOOD
Valid signature Filed with authorized/valid electronic signature
INOVAXE CORPORATION 401 K PROFIT SHARING PLAN TRUST 2015 542122947 2016-07-29 INOVAXE CORPORATION 7
File View Page
Three-digit plan number (PN) 002
Effective date of plan 2007-01-01
Business code 561410
Sponsor’s telephone number 9545311363
Plan sponsor’s address 260 SW 12TH AVE, DEERFIELD BEACH, FL, 334423104

Signature of
Role Plan administrator
Date 2016-07-29
Name of individual signing MARGUERITE KHOSHNOOD
Valid signature Filed with authorized/valid electronic signature
INOVAXE CORPORATION 401 K PROFIT SHARING PLAN TRUST 2014 542122947 2015-07-31 INOVAXE CORPORATION 4
File View Page
Three-digit plan number (PN) 002
Effective date of plan 2007-01-01
Business code 561410
Sponsor’s telephone number 9545311363
Plan sponsor’s address 1015 W NEWPORT CENTER DR SUITE, DEERFIELD BEACH, FL, 33442

Signature of
Role Plan administrator
Date 2015-07-31
Name of individual signing MARGUERITE KHOSHNOOD
Valid signature Filed with authorized/valid electronic signature

Agent

Name Role Address
KHOSHNOOD BAHMAN Agent 260 S.W. 12TH AVENUE, DEERFIELD BEACH, FL, 33442

Chief Executive Officer

Name Role Address
KHOSHNOOD BAHMAN Chief Executive Officer 260 S.W. 12TH AVENUE, DEERFIELD BEACH, FL, 33442

Events

Event Type Filed Date Value Description
REGISTERED AGENT ADDRESS CHANGED 2016-04-06 260 S.W. 12TH AVENUE, DEERFIELD BEACH, FL 33442 No data
CHANGE OF MAILING ADDRESS 2015-09-25 260 S.W. 12TH AVENUE, DEERFIELD BEACH, FL 33442 No data
CHANGE OF PRINCIPAL ADDRESS 2015-08-07 260 S.W. 12TH AVENUE, DEERFIELD BEACH, FL 33442 No data

Documents

Name Date
ANNUAL REPORT 2024-02-15
ANNUAL REPORT 2023-01-06
ANNUAL REPORT 2022-05-06
ANNUAL REPORT 2021-02-16
ANNUAL REPORT 2020-01-15
ANNUAL REPORT 2019-02-11
ANNUAL REPORT 2018-01-15
ANNUAL REPORT 2017-03-16
ANNUAL REPORT 2016-04-06
ANNUAL REPORT 2015-01-27

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
4851018610 2021-03-20 0455 PPS 260 SW 12th Ave, Deerfield Beach, FL, 33442-3104
Loan Status Date 2022-11-15
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 175740
Loan Approval Amount (current) 175740
Undisbursed Amount 0
Franchise Name -
Lender Location ID 225134
Servicing Lender Name Truist Bank
Servicing Lender Address 214 N Tryon St, CHARLOTTE, NC, 28202-1078
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Deerfield Beach, BROWARD, FL, 33442-3104
Project Congressional District FL-23
Number of Employees 12
NAICS code 423610
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 225134
Originating Lender Name Truist Bank
Originating Lender Address CHARLOTTE, NC
Gender Unanswered
Veteran Non-Veteran
Forgiveness Amount 178434.68
Forgiveness Paid Date 2022-10-18
1467317405 2020-05-04 0455 PPP 260 SW 12th Ave, Deerfield Beach, FL, 33442
Loan Status Date 2021-09-24
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 182700
Loan Approval Amount (current) 182700
Undisbursed Amount 0
Franchise Name -
Lender Location ID 225134
Servicing Lender Name Truist Bank
Servicing Lender Address 214 N Tryon St, CHARLOTTE, NC, 28202-1078
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Deerfield Beach, BROWARD, FL, 33442-0900
Project Congressional District FL-23
Number of Employees 14
NAICS code 423610
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 225134
Originating Lender Name Truist Bank
Originating Lender Address CHARLOTTE, NC
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 185085.25
Forgiveness Paid Date 2021-08-30

U.S. Small Business Administration Profile

Status User ID Name of Firm Trade Name UEI Address
Active P1992522 INOVAXE CORPORATION INOVAXE CORP XLVNBN5GJM68 260 SW 12TH AVE, DEERFIELD BEACH, FL, 33442-3104
Capabilities Statement Link -
Phone Number 954-531-1363
Fax Number 954-697-2362
E-mail Address margy.khoshnood@inovaxe.com
WWW Page www.Inovaxe.com
E-Commerce Website https://www.inovaxe.com
Contact Person MARGY KHOSHNOOD
County Code (3 digit) 011
Congressional District 23
Metropolitan Statistical Area 2680
CAGE Code 6ABW5
Year Established 2003
Accepts Government Credit Card Yes
Legal Structure Subchapter S Corporation
Ownership and Self-Certifications -
Business Development Servicing Office SOUTH FLORIDA DISTRICT OFFICE (SBA office code 0455)
Capabilities Narrative Inovaxe produces intelligent material handling hardware and software, designed to address the challenges of dealing with SMT components and kits throughout the factory. Our ultra-lean solutions bring significant improvements to all areas of an SMT production operation and we help you find parts in seconds, eliminate operator errors, and significantly reduce storage space. Our software brings your operation to the next level by offering integrations to SMT equipment, MES/ERP systems, and even your suppliers to facilitate vendor managed inventory. We have intelligent storage solutions for all types of materials including reels, trays, tubes, MSD, stencils, bulk items, and more.
Special Equipment/Materials SMART mobile and stationary storage carts and racks for handling all types of materials, including SMT reels, trays, tubes, MSD, stencils, PCBs, boxes, bulk items, and more throughout a manufacturing operation.
Business Type Percentages Manufacturing (85 %) Service (15 %)
Keywords SMART material storage racks, electronic component storage, Store SMT reels, JEDEC trays, tubes, MSD devices, solder stencils, raw PCBs, assembled printed circuit boards, boxes & bulk items, software integration to ERP & MES systems, reduce space, reduce material handling time, manage inventory, increase inventory accuracy, locate & identify parts, increase operational efficiency
Quality Assurance Standards (none given)
Electronic Data Interchange capable -

Current Principals
Name Bahman Khoshnood
Role President

SBA Federal Certifications
HUBZone Certified No
Women Owned Certified No
Women Owned Pending No
Economically Disadvantaged Women Owned Certified No
Economically Disadvantaged Women Owned Pending No
Veteran-Owned Small Business Certified No
Veteran-Owned Small Business Joint Venture No
Service-Disabled Veteran-Owned Small Business Certified No
Service-Disabled Veteran-Owned Small Business Joint Venture No

Bonding Levels
Description Construction Bonding Level (per contract)
Level $0
Description Construction Bonding Level (aggregate)
Level $0
Description Service Bonding Level (per contract)
Level $0
Description Service Bonding Level (aggregate)
Level $0

NAICS Codes with Size Determinations by NAICS
Primary Yes
Code 493190
NAICS Code's Description Other Warehousing and Storage
Small Yes
Code 334118
NAICS Code's Description Computer Terminal and Other Computer Peripheral Equipment Manufacturing
Small Yes
Code 337215
NAICS Code's Description Showcase, Partition, Shelving, and Locker Manufacturing
Small Yes
Code 423830
NAICS Code's Description Industrial Machinery and Equipment Merchant Wholesalers
Small Yes
Code 493110
NAICS Code's Description General Warehousing and Storage
Small Yes
Code 541511
NAICS Code's Description Custom Computer Programming Services
Small Yes
Code 541512
NAICS Code's Description Computer Systems Design Services
Small Yes
Code 541614
NAICS Code's Description Process, Physical Distribution and Logistics Consulting Services
Small Yes

Export Profile (Trade Mission Online)
Exporter No
Export Business Activities (none given)
Exporting to (none given)
Desired Export Business Relationships (none given)
Description of Export Objective(s) (none given)

Related by officers

KHOSHNOOD BAHMAN

ZURVAHN CORPORATION

Related by address

260 S.W. 12TH AVENUE, DEERFIELD BEACH, FL, 33442, US

TEST MEDICS, INC.

260 S.W. 12TH AVENUE, DEERFIELD BEACH, FL, 33442, US

TEST MEDICS, INC.

Date of last update: 02 Feb 2025

Sources: Florida Department of State

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