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NAV ADVISORS, INC. - Florida Company Profile

Company Details

Entity Name: NAV ADVISORS, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

NAV ADVISORS, 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 Feb 2007 (18 years ago)
Date of dissolution: 22 Sep 2023 (2 years ago)
Last Event: ADMIN DISSOLUTION FOR ANNUAL REPORT
Event Date Filed: 22 Sep 2023 (2 years ago)
Document Number: P07000022873
FEI/EIN Number 263213718

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

Address: 1901 Myakka Rd, Sarasota, FL, 34240, US
Mail Address: 1901 Myakka Rd, Sarasota, FL, 34240, US
ZIP code: 34240
County: Sarasota
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
KORSCH MARC F President 1901 Myakka Rd, Sarasota, FL, 34240
KORSCH MARC FPreside Agent 1901 Myakka Rd, Sarasota, FL, 34240

Events

Event Type Filed Date Value Description
ADMIN DISSOLUTION FOR ANNUAL REPORT 2023-09-22 - -
REGISTERED AGENT ADDRESS CHANGED 2022-01-26 1901 Myakka Rd, Sarasota, FL 34240 -
CHANGE OF PRINCIPAL ADDRESS 2022-01-26 1901 Myakka Rd, Sarasota, FL 34240 -
CHANGE OF MAILING ADDRESS 2022-01-26 1901 Myakka Rd, Sarasota, FL 34240 -
REGISTERED AGENT NAME CHANGED 2022-01-26 KORSCH, MARC F, President -
AMENDMENT 2020-01-24 - -
REINSTATEMENT 2019-10-11 - -
ADMIN DISSOLUTION FOR ANNUAL REPORT 2019-09-27 - -
AMENDMENT AND NAME CHANGE 2010-04-05 NAV ADVISORS, INC. -
NAME CHANGE AMENDMENT 2008-05-07 KORSCH FINANCIAL GROUP, INC. -

Debts

Document Number Status Case Number Name of Court Date of Entry Expiration Date Amount Due Plaintiff
J24000422376 ACTIVE 2023 CA 000398 NC 12TH JUD. CIR. COURT SARASOTA 2023-06-13 2029-07-09 $275,008.65 SMS FINANCIAL RECOVERY SERVICES, LLC, 3707 EAST SHEA BLVD., SUITE 100, PHOENIX, ARIZONA 85028

Documents

Name Date
ANNUAL REPORT 2022-01-26
ANNUAL REPORT 2021-04-29
ANNUAL REPORT 2020-04-28
Amendment 2020-01-24
REINSTATEMENT 2019-10-11
AMENDED ANNUAL REPORT 2018-07-27
ANNUAL REPORT 2018-04-30
ANNUAL REPORT 2017-04-26
ANNUAL REPORT 2016-04-27
ANNUAL REPORT 2015-03-20

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
1284377801 2020-05-01 0455 PPP 2055 WOOD ST, SARASOTA, FL, 34237
Loan Status Date 2021-11-19
Loan Status Charged Off
Loan Maturity in Months 5
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 170900
Loan Approval Amount (current) 170900
Undisbursed Amount 0
Franchise Name -
Lender Location ID 58036
Servicing Lender Name Fifth Third Bank
Servicing Lender Address 38 Fountain Sq Plz, CINCINNATI, OH, 45263
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address SARASOTA, SARASOTA, FL, 34237-0001
Project Congressional District FL-17
Number of Employees 16
NAICS code 523930
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 58036
Originating Lender Name Fifth Third Bank
Originating Lender Address CINCINNATI, OH
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount -
Forgiveness Paid Date -
4728238306 2021-01-23 0455 PPS 2055 Wood St Ste 110, Sarasota, FL, 34237-7928
Loan Status Date 2022-09-21
Loan Status Charged Off
Loan Maturity in Months 41
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 132025
Loan Approval Amount (current) 132025
Undisbursed Amount 0
Franchise Name -
Lender Location ID 58036
Servicing Lender Name Fifth Third Bank
Servicing Lender Address 38 Fountain Sq Plz, CINCINNATI, OH, 45263
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Sarasota, SARASOTA, FL, 34237-7928
Project Congressional District FL-17
Number of Employees 12
NAICS code 523920
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 58036
Originating Lender Name Fifth Third Bank
Originating Lender Address CINCINNATI, OH
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount -
Forgiveness Paid Date -

Date of last update: 01 Apr 2025

Sources: Florida Department of State