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MAGCARS INC - Florida Company Profile

Company Details

Entity Name: MAGCARS INC
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

MAGCARS 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: Active

The business entity is active. This status indicates that the business is currently operating and compliant with state regulations, suggesting a lower risk profile for lenders and potentially better creditworthiness.

Date Filed: 02 Apr 2007 (18 years ago)
Document Number: P07000040647
FEI/EIN Number 208786349

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

Mail Address: 805 LOTUS LANE N., JACKSONVILLE, FL, 32259
Address: 11341 DISTRIBUTION AVE EAST, SUITE 2, JACKSONVILLE, FL, 32256, US
ZIP code: 32256
County: Duval
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
UNITED STATES CORPORATION AGENTS, INC. Agent -
GARCIA MICHAEL A President 805 LOTUS LANE N., JACKSONVILLE, FL, 32259
GARCIA MICHAEL A Treasurer 805 LOTUS LANE N., JACKSONVILLE, FL, 32259
GARCIA MICHAEL A Secretary 805 LOTUS LANE N., JACKSONVILLE, FL, 32259
GARCIA MICHAEL A Director 805 LOTUS LANE N., JACKSONVILLE, FL, 32259

Events

Event Type Filed Date Value Description
REGISTERED AGENT ADDRESS CHANGED 2023-02-18 476 RIVERSIDE AVE., JACKSONVILLE, FL 32202 -
CHANGE OF PRINCIPAL ADDRESS 2012-01-06 11341 DISTRIBUTION AVE EAST, SUITE 2, JACKSONVILLE, FL 32256 -
CHANGE OF MAILING ADDRESS 2012-01-06 11341 DISTRIBUTION AVE EAST, SUITE 2, JACKSONVILLE, FL 32256 -

Documents

Name Date
ANNUAL REPORT 2024-02-05
ANNUAL REPORT 2023-02-01
ANNUAL REPORT 2022-02-05
ANNUAL REPORT 2021-02-06
ANNUAL REPORT 2020-01-20
ANNUAL REPORT 2019-04-05
ANNUAL REPORT 2018-02-10
ANNUAL REPORT 2017-01-11
ANNUAL REPORT 2016-01-15
ANNUAL REPORT 2015-01-16

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
2681008506 2021-02-22 0491 PPS 11341 Distribution Ave E Ste 2, Jacksonville, FL, 32256-2760
Loan Status Date 2021-09-24
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 16250
Loan Approval Amount (current) 16250
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 Jacksonville, DUVAL, FL, 32256-2760
Project Congressional District FL-05
Number of Employees 1
NAICS code 441120
Borrower Race White
Borrower Ethnicity Hispanic or Latino
Business Type Corporation
Originating Lender ID 9551
Originating Lender Name Bank of America, National Association
Originating Lender Address CHARLOTTE, NC
Gender Male Owned
Veteran Veteran
Forgiveness Amount 16331.47
Forgiveness Paid Date 2021-08-26
6965617309 2020-04-30 0491 PPP 805 LOTUS LN N, JACKSONVILLE, FL, 32259-4424
Loan Status Date 2021-01-21
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 16250
Loan Approval Amount (current) 16250
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 JACKSONVILLE, SAINT JOHNS, FL, 32259-4424
Project Congressional District FL-05
Number of Employees 1
NAICS code 551112
Borrower Race White
Borrower Ethnicity Hispanic or Latino
Business Type Corporation
Originating Lender ID 9551
Originating Lender Name Bank of America, National Association
Originating Lender Address CHARLOTTE, NC
Gender Male Owned
Veteran Veteran
Forgiveness Amount 16349.73
Forgiveness Paid Date 2020-12-15

Date of last update: 02 Apr 2025

Sources: Florida Department of State