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FAALCHAN CORPORATION - Florida Company Profile

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Company Details

Entity Name: FAALCHAN CORPORATION
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

FAALCHAN CORPORATION 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: 06 Sep 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: P07000099493
FEI/EIN Number 260864667

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

Address: 197 N. YONGE ST., ORMOND BEACH, FL, 32174, US
Mail Address: 197 N. YONGE ST., ORMOND BEACH, FL, 32174, US
ZIP code: 32174
City: Ormond Beach
County: Volusia
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
PATEL NAYANA President 323 S. YOUNGE ST., ORMOND BEACH, FL, 32174
PATEL NAYANA Agent 197 N. YONGE ST, ORMOND BEACH, FL, 32174

Fictitious Names

Registration Number Fictitious Name Status Filed Date Expiration Date Cancellation Date Mailing Address
G08168700038 MAJIK MARKET EXPIRED 2008-06-16 2013-12-31 - 197 N. YONGE STREET, ORMOND BEACH, FL, 32174
G08055900141 MAJIK MARKET EXPIRED 2008-02-22 2013-12-31 - 197 N. YONGE STREET, ORMOND BEACH, FL, 32174

Events

Event Type Filed Date Value Description
ADMIN DISSOLUTION FOR ANNUAL REPORT 2021-09-24 - -
AMENDMENT 2012-07-25 - -
REGISTERED AGENT NAME CHANGED 2012-07-25 PATEL, NAYANA -
NAME CHANGE AMENDMENT 2007-11-30 FAALCHAN CORPORATION -

Debts

Document Number Status Case Number Name of Court Date of Entry Expiration Date Amount Due Plaintiff
J19000471001 ACTIVE 1000000831891 VOLUSIA 2019-07-01 2039-07-10 $ 169,451.25 STATE OF FLORIDA, DEPARTMENT OF REVENUE, OUT OF STATE COLLECTIONS UNIT, 1415 W US HIGHWAY 90 STE 115, LAKE CITY FL320556156

Documents

Name Date
ANNUAL REPORT 2020-06-22
ANNUAL REPORT 2019-04-30
ANNUAL REPORT 2018-03-26
ANNUAL REPORT 2017-04-28
ANNUAL REPORT 2016-02-24
ANNUAL REPORT 2015-03-20
ANNUAL REPORT 2014-03-14
ANNUAL REPORT 2013-03-13
Amendment 2012-07-25
ANNUAL REPORT 2012-01-30

USAspending Awards / Financial Assistance

Date:
2020-05-03
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:
7291.00
Total Face Value Of Loan:
7291.00
Date:
2020-04-23
Awarding Agency Name:
Small Business Administration
Transaction Description:
ECONOMIC INJURY DISASTER GRANT
Obligated Amount:
1000.00
Face Value Of Loan:
0.00
Total Face Value Of Loan:
0.00

Paycheck Protection Program

Jobs Reported:
1
Initial Approval Amount:
$7,291
Date Approved:
2020-05-01
Loan Status:
Paid in Full
SBA Guaranty Percentage:
100
Current Approval Amount:
$7,291
Race:
Asian
Ethnicity:
Not Hispanic or Latino
Gender:
Male Owned
Veteran:
Non-Veteran
Forgiveness Amount:
$7,337.36
Servicing Lender:
Bank of America, National Association
Use of Proceeds:
Payroll: $7,291

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Date of last update: 02 Jul 2025

Sources: Florida Department of State