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PARALLEL COMPANY - Florida Company Profile

Company Details

Entity Name: PARALLEL COMPANY
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

PARALLEL COMPANY 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: 15 Apr 2013 (12 years ago)
Date of dissolution: 03 Oct 2023 (2 years ago)
Last Event: VOLUNTARY DISSOLUTION
Event Date Filed: 03 Oct 2023 (2 years ago)
Document Number: P13000034385
FEI/EIN Number 80-0268788

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

Address: 4446 HENDRICKS AVE, STE 154, JACKSONVILLE, FL, 32207, US
Mail Address: 4446 HENDRICKS AVE, STE 154, JACKSONVILLE, FL, 32207, US
ZIP code: 32207
County: Duval
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
HOWARD FRED Director 4446-1 HENDRICKS AVE, STE 154, JACKSONVILLE, FL, 32207
HOWARD FRED Agent 4446 HENDRICKS AVE,, JACKSONVILLE, FL, 32207

Fictitious Names

Registration Number Fictitious Name Status Filed Date Expiration Date Cancellation Date Mailing Address
G18000069212 PARALLEL CONSTRUCTION EXPIRED 2018-06-18 2023-12-31 - 4446 HENDRICKS AVE, STE 132, JACKSONVILLE, FL, 32256
G17000135045 FOCUS CONTRACTORS EXPIRED 2017-12-11 2022-12-31 - 2727 CLYDO ROAD, #17, JACKSONVILLE, FL, 32207
G17000135039 PARALLEL WALLS & CEILINGS EXPIRED 2017-12-11 2022-12-31 - 4446 HENDRICKS AVE, STE 132, JACKSONVILLE, FL, 32207

Events

Event Type Filed Date Value Description
VOLUNTARY DISSOLUTION 2023-10-03 - -
CHANGE OF PRINCIPAL ADDRESS 2023-03-12 4446 HENDRICKS AVE, STE 154, JACKSONVILLE, FL 32207 -
CHANGE OF MAILING ADDRESS 2023-03-12 4446 HENDRICKS AVE, STE 154, JACKSONVILLE, FL 32207 -
REGISTERED AGENT ADDRESS CHANGED 2023-03-12 4446 HENDRICKS AVE,, STE 154, JACKSONVILLE, FL 32207 -
NAME CHANGE AMENDMENT 2017-12-07 PARALLEL COMPANY -
CONVERSION 2013-04-15 - CORPORATION WAS A CONVERSION RESULT. CONVERTING CORPORATION WAS L11000143295. CONVERSION NUMBER 500000130815

Documents

Name Date
VOLUNTARY DISSOLUTION 2023-10-03
ANNUAL REPORT 2023-03-12
ANNUAL REPORT 2022-04-11
ANNUAL REPORT 2021-03-14
ANNUAL REPORT 2020-06-01
ANNUAL REPORT 2019-06-14
ANNUAL REPORT 2018-04-12
Name Change 2017-12-07
ANNUAL REPORT 2017-03-20
ANNUAL REPORT 2016-03-09

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
5670427309 2020-04-30 0491 PPP 4446 Hendricks Avenue STE 132, Jacksonville, FL, 32207
Loan Status Date 2021-04-10
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 112087
Loan Approval Amount (current) 112087
Undisbursed Amount 0
Franchise Name -
Lender Location ID 456756
Servicing Lender Name Cross River Bank
Servicing Lender Address 885 Teaneck Rd, TEANECK, NJ, 07666-4546
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Unanswered
Project Address Jacksonville, DUVAL, FL, 32207-0500
Project Congressional District FL-05
Number of Employees 16
NAICS code 236115
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 456756
Originating Lender Name Cross River Bank
Originating Lender Address TEANECK, NJ
Gender Male Owned
Veteran Unanswered
Forgiveness Amount 113066.61
Forgiveness Paid Date 2021-03-17
5236408503 2021-02-27 0491 PPS 2727 Clydo Rd Ste 17, Jacksonville, FL, 32207-1714
Loan Status Date 2021-04-09
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 118927
Loan Approval Amount (current) 118927
Undisbursed Amount 0
Franchise Name -
Lender Location ID 203277
Servicing Lender Name OptimumBank
Servicing Lender Address 2929 E Commercial Blvd, Ste 101, FORT LAUDERDALE, FL, 33308-4041
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Jacksonville, DUVAL, FL, 32207-1714
Project Congressional District FL-05
Number of Employees 13
NAICS code 238310
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 203277
Originating Lender Name OptimumBank
Originating Lender Address FORT LAUDERDALE, FL
Gender Male Owned
Veteran Unanswered
Forgiveness Amount 119515.03
Forgiveness Paid Date 2021-08-27

Date of last update: 02 Apr 2025

Sources: Florida Department of State