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ROYAL RACING TEAM INC. - Florida Company Profile

Company Details

Entity Name: ROYAL RACING TEAM INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

ROYAL RACING TEAM 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: 27 Jun 2007 (18 years ago)
Date of dissolution: 24 Sep 2021 (4 years ago)
Last Event: ADMIN DISSOLUTION FOR ANNUAL REPORT
Event Date Filed: 24 Sep 2021 (4 years ago)
Document Number: P07000074458
FEI/EIN Number 260437470

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

Address: 14030 75TH LANE N, LOXAHATCHEE, FL, 33470, US
Mail Address: 14030 75TH LANE N, LOXAHATCHEE, FL, 33470, US
ZIP code: 33470
County: Palm Beach
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
SIDHU BOBBY President 14030 75TH LANE N, LOXAHATCHEE, FL, 33470
SIDHU BOBBY Secretary 14030 75TH LANE N, LOXAHATCHEE, FL, 33470
SIDHU BOBBY Agent 14030 75TH LANE N, LOXAHATCHEE, FL, 33470

Events

Event Type Filed Date Value Description
ADMIN DISSOLUTION FOR ANNUAL REPORT 2021-09-24 - -
AMENDMENT 2011-08-31 - -
REGISTERED AGENT NAME CHANGED 2011-08-31 SIDHU, BOBBY -
CHANGE OF PRINCIPAL ADDRESS 2011-02-21 14030 75TH LANE N, LOXAHATCHEE, FL 33470 -
CHANGE OF MAILING ADDRESS 2011-02-21 14030 75TH LANE N, LOXAHATCHEE, FL 33470 -
REGISTERED AGENT ADDRESS CHANGED 2011-02-21 14030 75TH LANE N, LOXAHATCHEE, FL 33470 -

Documents

Name Date
ANNUAL REPORT 2020-02-10
ANNUAL REPORT 2019-04-27
ANNUAL REPORT 2018-03-24
ANNUAL REPORT 2017-01-27
ANNUAL REPORT 2016-04-27
ANNUAL REPORT 2015-02-10
ANNUAL REPORT 2014-04-21
ANNUAL REPORT 2013-02-02
ANNUAL REPORT 2012-04-10
Amendment 2011-08-31

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
8048488109 2020-07-24 0455 PPP 14030 75TH LN N, LOXAHATCHEE, FL, 33470-4474
Loan Status Date 2022-11-18
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 1770
Loan Approval Amount (current) 1770
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 LOXAHATCHEE, PALM BEACH, FL, 33470-4474
Project Congressional District FL-21
Number of Employees 5
NAICS code 811198
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 -
Forgiveness Paid Date -

Date of last update: 03 Apr 2025

Sources: Florida Department of State