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A & B WELLDRILLING, INC. - Florida Company Profile

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Company Details

Entity Name: A & B WELLDRILLING, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

A & B WELLDRILLING, 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: 20 Oct 2003 (22 years ago)
Date of dissolution: 16 Sep 2005 (20 years ago)
Last Event: ADMIN DISSOLUTION FOR ANNUAL REPORT
Event Date Filed: 16 Sep 2005 (20 years ago)
Document Number: P03000118760
FEI/EIN Number APPLIED FOR

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

Address: 18823 SE HWY 42, WIERSDALE, FL, 32195
Mail Address: 18823 SE HWY 42, WIERSDALE, FL, 32195
ZIP code: 32195
County: Marion
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
FAGEN JASPER President 18823 SE HWY 42, WIERSDALE, FL, 32195
FAGEN JASPER Director 18823 SE HWY 42, WIERSDALE, FL, 32195
FAGAN ANDREW Vice President 16180 SE CR 42, WIERSDALE, FL, 32195
FAGAN ANDREW Director 16180 SE CR 42, WIERSDALE, FL, 32195
FAGEN JASPER Agent 18823 SE HWY 42, WIERSDALE, FL, 32195

Events

Event Type Filed Date Value Description
ADMIN DISSOLUTION FOR ANNUAL REPORT 2005-09-16 - -

Documents

Name Date
ANNUAL REPORT 2004-02-09
Domestic Profit 2003-10-20

USAspending Awards / Financial Assistance

Date:
2020-04-08
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:
25700.00
Total Face Value Of Loan:
25700.00

Paycheck Protection Program

Date Approved:
2020-04-08
Loan Status:
Paid in Full
SBA Guaranty Percentage:
100
Initial Approval Amount:
25700
Current Approval Amount:
25700
Race:
Unanswered
Ethnicity:
Unknown/NotStated
Gender:
Male Owned
Veteran:
Unanswered
Forgiveness Amount:
25924.16

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Date of last update: 01 Jun 2025

Sources: Florida Department of State