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MAGNUM CONTRACTORS, INC. - Florida Company Profile

Company Details

Entity Name: MAGNUM CONTRACTORS, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

MAGNUM CONTRACTORS, 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: 15 Oct 2004 (21 years ago)
Date of dissolution: 27 Sep 2024 (7 months ago)
Last Event: ADMIN DISSOLUTION FOR ANNUAL REPORT
Event Date Filed: 27 Sep 2024 (7 months ago)
Document Number: P04000142462
FEI/EIN Number 201772117

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

Address: 4023 Sawyer Rd, Suite 229, Sarasota, FL, 34233, US
Mail Address: 4023 Sawyer Rd, Suite 229, Sarasota, FL, 34233, US
ZIP code: 34233
County: Sarasota
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
GILHAM MICHAEL J President 4023 Sawyer Rd, Sarasota, FL, 34233
Gilham John Agent 4023 Sawyer Rd 229, Sarasota, FL, 34233

Events

Event Type Filed Date Value Description
ADMIN DISSOLUTION FOR ANNUAL REPORT 2024-09-27 - -
REINSTATEMENT 2022-11-04 - -
ADMIN DISSOLUTION FOR ANNUAL REPORT 2022-09-23 - -
REGISTERED AGENT ADDRESS CHANGED 2020-06-30 4023 Sawyer Rd 229, Sarasota, FL 34233 -
REGISTERED AGENT NAME CHANGED 2019-06-15 Gilham, John -
CHANGE OF PRINCIPAL ADDRESS 2018-05-01 4023 Sawyer Rd, Suite 229, Sarasota, FL 34233 -
CHANGE OF MAILING ADDRESS 2018-05-01 4023 Sawyer Rd, Suite 229, Sarasota, FL 34233 -

Documents

Name Date
ANNUAL REPORT 2023-04-30
REINSTATEMENT 2022-11-04
ANNUAL REPORT 2021-08-23
ANNUAL REPORT 2020-06-30
ANNUAL REPORT 2019-06-15
ANNUAL REPORT 2018-05-01
ANNUAL REPORT 2017-04-30
ANNUAL REPORT 2016-01-04
ANNUAL REPORT 2015-05-06
ANNUAL REPORT 2014-04-30

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
2302737409 2020-05-05 0455 PPP 6715 AVENUE C, SARASOTA, FL, 34231-8822
Loan Status Date 2022-09-20
Loan Status Charged Off
Loan Maturity in Months 27
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 12502.5
Loan Approval Amount (current) 22500
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 SARASOTA, SARASOTA, FL, 34231-8822
Project Congressional District FL-17
Number of Employees 1
NAICS code 236220
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 9551
Originating Lender Name Bank of America, National Association
Originating Lender Address CHARLOTTE, NC
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 10986.78
Forgiveness Paid Date 2021-10-07

Date of last update: 01 Apr 2025

Sources: Florida Department of State