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PREFERRED PAYROLL INC - Florida Company Profile

Company Details

Entity Name: PREFERRED PAYROLL INC
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

PREFERRED PAYROLL 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: 21 Dec 2011 (13 years ago)
Date of dissolution: 08 Dec 2022 (2 years ago)
Last Event: VOLUNTARY DISSOLUTION
Event Date Filed: 08 Dec 2022 (2 years ago)
Document Number: P11000107511
FEI/EIN Number 45-4095321

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

Address: 2108 Delta Way, Tallahassee, FL, 32303, US
Mail Address: 2108 Delta Way, Tallahassee, FL, 32303, US
ZIP code: 32303
County: Leon
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
Burns William B President 2108 Delta Way, TALLAHASSEE, FL, 32303
Burns William B Secretary 2108 Delta Way, TALLAHASSEE, FL, 32303
Hohman John Vice President 2108 Delta Way, Tallahassee, FL, 32303
Mugglin Craig A Vice President 2108 Delta Way, Tallahassee, FL, 32303
MUGGLIN CRAIG A Agent 5153 GRANDVIEW COURT, TALLAHASSEE, FL, 32303

Events

Event Type Filed Date Value Description
VOLUNTARY DISSOLUTION 2022-12-08 - -
CHANGE OF PRINCIPAL ADDRESS 2020-01-16 2108 Delta Way, Tallahassee, FL 32303 -
CHANGE OF MAILING ADDRESS 2020-01-16 2108 Delta Way, Tallahassee, FL 32303 -

Documents

Name Date
VOLUNTARY DISSOLUTION 2022-12-08
ANNUAL REPORT 2022-01-31
ANNUAL REPORT 2021-01-28
AMENDED ANNUAL REPORT 2020-03-30
ANNUAL REPORT 2020-01-16
ANNUAL REPORT 2019-01-30
ANNUAL REPORT 2018-01-16
ANNUAL REPORT 2017-01-09
ANNUAL REPORT 2016-01-15
ANNUAL REPORT 2015-01-12

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
5812587100 2020-04-14 0491 PPP 2108 DELTA WAY, TALLAHASSEE, FL, 32303-4223
Loan Status Date 2021-03-19
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 101272
Loan Approval Amount (current) 101272
Undisbursed Amount 0
Franchise Name -
Lender Location ID 19248
Servicing Lender Name Synovus Bank
Servicing Lender Address 1148 Broadway, COLUMBUS, GA, 31901-2429
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address TALLAHASSEE, LEON, FL, 32303-4223
Project Congressional District FL-02
Number of Employees 12
NAICS code 541214
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 19248
Originating Lender Name Synovus Bank
Originating Lender Address COLUMBUS, GA
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 101943.08
Forgiveness Paid Date 2021-02-16

Date of last update: 01 Apr 2025

Sources: Florida Department of State