Search icon

SCRAP, INC. - Florida Company Profile

Company Details

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

SCRAP, 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: 06 May 2008 (17 years ago)
Document Number: P08000045496
FEI/EIN Number 743259516

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

Address: 1751 N. GREEN STREET, PENSACOLA, FL, 32505
Mail Address: PO BOX 17614, PENSACOLA, FL, 32522
ZIP code: 32505
County: Escambia
Place of Formation: FLORIDA

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
SCRAP, INC. EMPLOYEES' PROFIT SHARING PLAN AND TRUST 2020 743259516 2021-06-21 SCRAP, INC. 23
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2010-01-01
Business code 331310
Sponsor’s telephone number 8505542480
Plan sponsor’s mailing address P.O. BOX 17614, PENSACOLA, FL, 32522
Plan sponsor’s address 1751 NORTH GREEN STREET, PENSACOLA, FL, 32506

Number of participants as of the end of the plan year

Active participants 0
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 0
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 0
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 0

Signature of

Role Plan administrator
Date 2021-06-21
Name of individual signing LONNIE SIMMONS
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2021-06-21
Name of individual signing LONNIE SIMMONS
Valid signature Filed with authorized/valid electronic signature
SCRAP, INC. EMPLOYEES' PROFIT SHARING PLAN AND TRUST 2019 743259516 2020-05-26 SCRAP, INC. 19
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2010-01-01
Business code 331310
Sponsor’s telephone number 8504343219
Plan sponsor’s mailing address 1751 NORTH GREEN STREET, PENSACOLA, FL, 32506
Plan sponsor’s address 1751 NORTH GREEN STREET, PENSACOLA, FL, 32506

Number of participants as of the end of the plan year

Active participants 23
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 0
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 23
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 0

Signature of

Role Plan administrator
Date 2020-05-26
Name of individual signing LONNIE SIMMONS
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2020-05-26
Name of individual signing LONNIE SIMMONS
Valid signature Filed with authorized/valid electronic signature
SCRAP, INC. EMPLOYEES' PROFIT SHARING PLAN AND TRUST 2018 743259516 2019-05-17 SCRAP, INC. 20
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2010-01-01
Business code 331310
Sponsor’s telephone number 8504343219
Plan sponsor’s mailing address 1751 NORTH GREEN STREET, PENSACOLA, FL, 32506
Plan sponsor’s address 1751 NORTH GREEN STREET, PENSACOLA, FL, 32506

Number of participants as of the end of the plan year

Active participants 19
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 0
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 19
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 1

Signature of

Role Plan administrator
Date 2019-05-17
Name of individual signing LONNIE SIMMONS
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2019-05-17
Name of individual signing LONNIE SIMMONS
Valid signature Filed with authorized/valid electronic signature
SCRAP, INC. EMPLOYEES' PROFIT SHARING PLAN AND TRUST 2017 743259516 2018-05-30 SCRAP, INC. 20
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2010-01-01
Business code 331310
Sponsor’s telephone number 8504343219
Plan sponsor’s mailing address 1751 NORTH GREEN STREET, PENSACOLA, FL, 32506
Plan sponsor’s address 1751 NORTH GREEN STREET, PENSACOLA, FL, 32506

Number of participants as of the end of the plan year

Active participants 20
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 0
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 20
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 0

Signature of

Role Plan administrator
Date 2018-05-30
Name of individual signing LONNIE SIMMONS
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2018-05-30
Name of individual signing LONNIE SIMMONS
Valid signature Filed with authorized/valid electronic signature
SCRAP, INC. EMPLOYEES' PROFIT SHARING PLAN AND TRUST 2016 743259516 2017-06-20 SCRAP, INC. 19
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2010-01-01
Business code 331310
Sponsor’s telephone number 8504343219
Plan sponsor’s mailing address 1751 NORTH GREEN STREET, PENSACOLA, FL, 32506
Plan sponsor’s address 1751 NORTH GREEN STREET, PENSACOLA, FL, 32506

Number of participants as of the end of the plan year

Active participants 20
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 0
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 20
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 1

Signature of

Role Plan administrator
Date 2017-06-20
Name of individual signing LONNIE SIMMONS
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2017-06-20
Name of individual signing LONNIE SIMMONS
Valid signature Filed with authorized/valid electronic signature
SCRAP, INC. EMPLOYEES' PROFIT SHARING PLAN AND TRUST 2015 743259516 2016-06-06 SCRAP, INC. 18
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2010-01-01
Business code 331310
Sponsor’s telephone number 8504343219
Plan sponsor’s mailing address 1751 NORTH GREEN STREET, PENSACOLA, FL, 32506
Plan sponsor’s address 1751 NORTH GREEN STREET, PENSACOLA, FL, 32506

Number of participants as of the end of the plan year

Active participants 19
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 0
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 19
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 0

Signature of

Role Plan administrator
Date 2016-06-06
Name of individual signing LONNIE SIMMONS
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2016-06-06
Name of individual signing LONNIE SIMMONS
Valid signature Filed with authorized/valid electronic signature
SCRAP, INC. EMPLOYEES' PROFIT SHARING PLAN AND TRUST 2014 743259516 2015-06-16 SCRAP, INC. 16
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2010-01-01
Business code 331310
Sponsor’s telephone number 8504343219
Plan sponsor’s mailing address 1751 NORTH GREEN STREET, PENSACOLA, FL, 32506
Plan sponsor’s address 1751 NORTH GREEN STREET, PENSACOLA, FL, 32506

Number of participants as of the end of the plan year

Active participants 18
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 0
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 18
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 0

Signature of

Role Plan administrator
Date 2015-06-16
Name of individual signing LONNIE SIMMONS
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2015-06-16
Name of individual signing LONNIE SIMMONS
Valid signature Filed with authorized/valid electronic signature
SCRAP, INC. EMPLOYEES' PROFIT SHARING PLAN AND TRUST 2013 743259516 2014-06-03 SCRAP, INC. 13
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2010-01-01
Business code 331310
Sponsor’s telephone number 8504343219
Plan sponsor’s mailing address 1751 NORTH GREEN STREET, PENSACOLA, FL, 32506
Plan sponsor’s address 1751 NORTH GREEN STREET, PENSACOLA, FL, 32506

Number of participants as of the end of the plan year

Active participants 16
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 0
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 16
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 0

Signature of

Role Plan administrator
Date 2014-06-03
Name of individual signing LONNIE SIMMONS
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2014-06-03
Name of individual signing LONNIE SIMMONS
Valid signature Filed with authorized/valid electronic signature
SCRAP, INC. EMPLOYEES' PROFIT SHARING PLAN AND TRUST 2012 743259516 2013-06-03 SCRAP, INC. 11
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2010-01-01
Business code 331310
Sponsor’s telephone number 8504343219
Plan sponsor’s mailing address 1751 NORTH GREEN STREET, PENSACOLA, FL, 32505
Plan sponsor’s address 1751 NORTH GREEN STREET, PENSACOLA, FL, 32505

Number of participants as of the end of the plan year

Active participants 13
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 0
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 13
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 0

Signature of

Role Plan administrator
Date 2013-06-03
Name of individual signing LONNIE SIMMONS
Valid signature Filed with authorized/valid electronic signature
SCRAP, INC. EMPLOYEES' PROFIT SHARING PLAN AND TRUST 2011 743259516 2012-05-30 SCRAP, INC. 11
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2010-01-01
Business code 331310
Sponsor’s telephone number 8504343219
Plan sponsor’s mailing address 1751 NORTH GREEN STREET, PENSACOLA, FL, 32505
Plan sponsor’s address 1751 NORTH GREEN STREET, PENSACOLA, FL, 32505

Plan administrator’s name and address

Administrator’s EIN 743259516
Plan administrator’s name SCRAP, INC.
Plan administrator’s address 1751 NORTH GREEN STREET, PENSACOLA, FL, 32505
Administrator’s telephone number 8504343219

Number of participants as of the end of the plan year

Active participants 11
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 0
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 0
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 0

Signature of

Role Plan administrator
Date 2012-05-30
Name of individual signing LONNIE SIMMONS
Valid signature Filed with authorized/valid electronic signature

Key Officers & Management

Name Role Address
RAWLS WILLIAM R Director 1751 N. GREEN ST., PENSACOLA, FL, 32505
Rawls William R President 1751 N. GREEN STREET, PENSACOLA, FL, 32505
RAWLS WESTON R Director 1751 N GREEN ST., PENSACOLA, FL, 32505
RAWLS WILLIAM R Agent 5817 DAHOON DR., PENSACOLA, FL, 32526

Events

Event Type Filed Date Value Description
CHANGE OF PRINCIPAL ADDRESS 2010-01-29 1751 N. GREEN STREET, PENSACOLA, FL 32505 -
REGISTERED AGENT ADDRESS CHANGED 2010-01-29 5817 DAHOON DR., PENSACOLA, FL 32526 -

Documents

Name Date
ANNUAL REPORT 2025-02-03
ANNUAL REPORT 2024-02-07
ANNUAL REPORT 2023-01-30
ANNUAL REPORT 2022-01-26
ANNUAL REPORT 2021-02-05
ANNUAL REPORT 2020-06-28
ANNUAL REPORT 2019-02-11
ANNUAL REPORT 2018-03-30
ANNUAL REPORT 2017-03-02
ANNUAL REPORT 2016-02-19

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
4226057304 2020-04-29 0491 PPP 1751 N GREEN ST, PENSACOLA, FL, 32505-5367
Loan Status Date 2021-01-12
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 152720
Loan Approval Amount (current) 152720
Undisbursed Amount 0
Franchise Name -
Lender Location ID 434138
Servicing Lender Name ServisFirst Bank
Servicing Lender Address 2500 Woodcrest Place, BIRMINGHAM, AL, 35209-1374
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address PENSACOLA, ESCAMBIA, FL, 32505-5367
Project Congressional District FL-01
Number of Employees 18
NAICS code 331491
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 434138
Originating Lender Name ServisFirst Bank
Originating Lender Address BIRMINGHAM, AL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 153716.92
Forgiveness Paid Date 2020-12-23

Date of last update: 02 Apr 2025

Sources: Florida Department of State