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TEAM I.P. INC - Florida Company Profile

Company Details

Entity Name: TEAM I.P. INC
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

TEAM I.P. 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: 11 May 2009 (16 years ago)
Date of dissolution: 21 Mar 2023 (2 years ago)
Last Event: CONVERSION
Event Date Filed: 21 Mar 2023 (2 years ago)
Document Number: P09000041901
FEI/EIN Number 270149338

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

Address: 701 NW Federal Highway, Suite 301, STUART, FL, 34994, US
Mail Address: 701 NW Federal Highway, Suite 301, STUART, FL, 34994, US
ZIP code: 34994
County: Martin
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
SPARKS RANDALL L Seni 701 N.W. FEDERAL HWY., STE 301, STUART, FL, 34994
SPARKS ANDREW J Exec 701 N.W. FEDERAL HWY., STE 301, STUART, FL, 34994
SPARKS RANDALL L Agent 701 NW Federal Highway, STUART, FL, 34994

Fictitious Names

Registration Number Fictitious Name Status Filed Date Expiration Date Cancellation Date Mailing Address
G20000127096 MARCHING APPAREL ACTIVE 2020-09-30 2025-12-31 - 701 NW. FEDERAL HWY, SUITE 301, STUART, FL, 34994
G15000061414 WWW.TEAMIP.COM EXPIRED 2015-06-16 2020-12-31 - 701 NW FEDERAL HIGHWAY, STUART, FL, 34994
G15000010429 SPORTSHUB EXPIRED 2015-01-29 2020-12-31 - 701 NW FEDERAL HIGHWAY, STE 301, STUART, FL, 34994
G15000000218 TEAM IP ACTIVE 2015-01-02 2025-12-31 - 701 NW FEDERAL HIGHWAY, SUITE 301, STUART, FL, 34994
G09000158445 DYNASTY SPORTSWEAR EXPIRED 2009-09-23 2014-12-31 - PO BOX 1572, PALM CITY, FL, 34991

Events

Event Type Filed Date Value Description
CONVERSION 2023-03-21 - CONVERSION MEMBER. RESULTING CORPORATION WAS L23000174138. CONVERSION NUMBER 300000238663
CHANGE OF PRINCIPAL ADDRESS 2014-04-30 701 NW Federal Highway, Suite 301, STUART, FL 34994 -
CHANGE OF MAILING ADDRESS 2014-04-30 701 NW Federal Highway, Suite 301, STUART, FL 34994 -
REGISTERED AGENT ADDRESS CHANGED 2014-04-30 701 NW Federal Highway, Suite 301, STUART, FL 34994 -
REINSTATEMENT 2013-10-09 - -
ADMIN DISSOLUTION FOR ANNUAL REPORT 2013-09-27 - -

Debts

Document Number Status Case Number Name of Court Date of Entry Expiration Date Amount Due Plaintiff
J21000039903 TERMINATED 1000000874753 MARTIN 2021-01-25 2041-01-27 $ 1,288.03 STATE OF FLORIDA, DEPARTMENT OF REVENUE, FORT PIERCE SERVICE CENTER, 337 N US HIGHWAY 1 STE 207-B, FORT PIERCE FL349504255
J16000634513 TERMINATED 1000000722561 MARTIN 2016-09-16 2026-09-21 $ 7,703.03 STATE OF FLORIDA, DEPARTMENT OF REVENUE, FORT PIERCE SERVICE CENTER, 337 N US HIGHWAY 1 STE 207-B, FORT PIERCE FL349504255
J16000634497 TERMINATED 1000000722559 MARTIN 2016-09-16 2036-09-21 $ 42,730.77 STATE OF FLORIDA, DEPARTMENT OF REVENUE, FORT PIERCE SERVICE CENTER, 337 N US HIGHWAY 1 STE 207-B, FORT PIERCE FL349504255

Documents

Name Date
ANNUAL REPORT 2023-02-17
ANNUAL REPORT 2022-04-06
ANNUAL REPORT 2021-04-02
ANNUAL REPORT 2020-04-01
ANNUAL REPORT 2019-04-17
ANNUAL REPORT 2018-04-30
ANNUAL REPORT 2017-04-28
ANNUAL REPORT 2016-03-24
ANNUAL REPORT 2015-04-29
ANNUAL REPORT 2014-04-30

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
4592477007 2020-04-03 0455 PPP 701 NW FEDERAL HIGHWAY SUITE 301, STUART, FL, 34994-1005
Loan Status Date 2022-05-06
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 566300
Loan Approval Amount (current) 566300
Undisbursed Amount 0
Franchise Name -
Lender Location ID 88793
Servicing Lender Name First Federal Bank
Servicing Lender Address 4705 W US Hwy 90, LAKE CITY, FL, 32055-4884
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description New Business or 2 years or less
Project Address STUART, MARTIN, FL, 34994-1005
Project Congressional District FL-21
Number of Employees 131
NAICS code 541613
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 88793
Originating Lender Name First Federal Bank
Originating Lender Address LAKE CITY, FL
Gender Male Owned
Veteran Unanswered
Forgiveness Amount 503681.25
Forgiveness Paid Date 2021-06-22

Date of last update: 01 Apr 2025

Sources: Florida Department of State