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USP MOTORSPORTS INC - Florida Company Profile

Company Details

Entity Name: USP MOTORSPORTS INC
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

USP MOTORSPORTS 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: 29 May 2013 (12 years ago)
Date of dissolution: 27 Sep 2024 (7 months ago)
Last Event: ADMIN DISSOLUTION FOR ANNUAL REPORT
Event Date Filed: 27 Sep 2024 (7 months ago)
Document Number: P13000047279
FEI/EIN Number 46-2907430

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

Address: 7716 wiles rd, coral springs, FL, 33067, US
Mail Address: 7716 wiles rd, coral springs, FL, 33067, US
ZIP code: 33067
County: Broward
Place of Formation: FLORIDA

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
USP MOTORSPORTS INC 401(K) PROFIT SHARING PLAN & TRUST 2020 462907430 2021-10-06 USP MOTORSPORTS INC 16
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2019-01-01
Business code 441300
Sponsor’s telephone number 9548801010
Plan sponsor’s address 1919 NW 40TH CT, POMPANO BEACH, FL, 33064

Signature of

Role Plan administrator
Date 2021-10-06
Name of individual signing EDWARD ROJAS
Valid signature Filed with authorized/valid electronic signature
USP MOTORSPORTS INC 401(K) PROFIT SHARING PLAN & TRUST 2019 462907430 2020-05-05 USP MOTORSPORTS INC 12
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2019-01-01
Business code 441300
Sponsor’s telephone number 9548801010
Plan sponsor’s address 1919 NW 40TH CT, POMPANO BEACH, FL, 33064

Signature of

Role Plan administrator
Date 2020-05-05
Name of individual signing CHRISTOPHER GREEN
Valid signature Filed with authorized/valid electronic signature

Key Officers & Management

Name Role Address
GREEN CHRISTOPHER T President 7716 wiles rd, coral springs, FL, 33067
GREEN CHRISTOPHER T Agent 7716 wiles rd, coral springs, FL, 33067

Events

Event Type Filed Date Value Description
ADMIN DISSOLUTION FOR ANNUAL REPORT 2024-09-27 - -
CHANGE OF PRINCIPAL ADDRESS 2021-08-24 7716 wiles rd, coral springs, FL 33067 -
CHANGE OF MAILING ADDRESS 2021-08-24 7716 wiles rd, coral springs, FL 33067 -
REGISTERED AGENT ADDRESS CHANGED 2021-08-24 7716 wiles rd, coral springs, FL 33067 -

Documents

Name Date
ANNUAL REPORT 2023-01-27
ANNUAL REPORT 2022-04-06
ANNUAL REPORT 2021-08-24
ANNUAL REPORT 2020-01-21
ANNUAL REPORT 2019-02-11
ANNUAL REPORT 2018-01-15
ANNUAL REPORT 2017-01-09
ANNUAL REPORT 2016-01-15
ANNUAL REPORT 2015-01-12
ANNUAL REPORT 2014-01-13

OSHA's Inspections within Industry

Inspection Nr Report ID Date Opened Site Address
340900414 0418800 2015-09-03 7718 WILES RD, CORAL SPRINGS, FL, 33067
Inspection Type Complaint
Scope Partial
Safety/Health Safety
Close Conference 2015-09-03
Case Closed 2017-03-28

Related Activity

Type Complaint
Activity Nr 1013889
Safety Yes

Violation Items

Citation ID 01001
Citaton Type Serious
Standard Cited 19100215 A01
Issuance Date 2015-09-24
Current Penalty 800.0
Initial Penalty 1600.0
Final Order 2015-10-26
Nr Instances 1
Nr Exposed 3
Gravity 5
FTA Current Penalty 0.0
Citation text line 29 CFR 1910.215(a)(1): Abrasive wheel(s) used on grinding machinery were not used with safety guard(s): On or about 09/03/2015, at the above address jobsite, employees were exposed to the hazard of a flying wheel while the warehouse bench grinder abrasive wheel was not guarded.
Citation ID 01002
Citaton Type Serious
Standard Cited 19100215 A04
Issuance Date 2015-09-24
Current Penalty 800.0
Initial Penalty 1600.0
Final Order 2015-10-26
Nr Instances 1
Nr Exposed 3
Gravity 5
FTA Current Penalty 0.0
Citation text line 29 CFR 1910.215(a)(4): Grinding machinery was not used with work rest(s) to support offhand grinding work: On or about 09/03/2015, at the above address jobsite, employees were exposed to a hand injury while the warehouse bench grinder was used without workrests.
Citation ID 02001
Citaton Type Other
Standard Cited 19100036 G02
Issuance Date 2015-09-24
Current Penalty 200.0
Initial Penalty 400.0
Final Order 2015-10-26
Nr Instances 1
Nr Exposed 3
FTA Current Penalty 0.0
Citation text line 29 CFR 1910.36(g)(2): Exit access(es) were not at least 28 inches (71.1 cm) wide at all points: On or about 09/03/2015, at the above address jobsite, employees were exposed to a trip and fall hazard while the width for a passageway in the warehouse was twenty four (24) inches.
Citation ID 02002
Citaton Type Other
Standard Cited 19100037 B02
Issuance Date 2015-09-24
Abatement Due Date 2015-11-12
Current Penalty 200.0
Initial Penalty 400.0
Final Order 2015-10-26
Nr Instances 1
Nr Exposed 3
FTA Current Penalty 0.0
Citation text line 29 CFR 1910.37(b)(2): Each exit was not clearly visible and marked by a sign reading "Exit": On or about 09/03/2015, at the above address jobsite, an exit door in the warehouse was missing an "Exit" sign exposing employees to a possible injury.
Citation ID 02003
Citaton Type Other
Standard Cited 19100305 G01 IV A
Issuance Date 2015-09-24
Current Penalty 200.0
Initial Penalty 400.0
Final Order 2015-10-26
Nr Instances 1
Nr Exposed 3
Related Event Code (REC) Complaint
FTA Current Penalty 0.0
Citation text line 29 CFR 1910.305(g)(1)(iv)(A): Flexible cords and/or cables were used as a substitute for the fixed wiring of a structure: On or about 09/03/2015, at the above address jobsite, employees were exposed to an electrical hazard while an extension cord was used as a substitute for fixed wiring at the warehouse.

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
3159197708 2020-05-01 0455 PPP 1919 NW 40TH CT, POMPANO BEACH, FL, 33064
Loan Status Date 2021-08-19
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 158667
Loan Approval Amount (current) 158667
Undisbursed Amount 0
Franchise Name -
Lender Location ID 48270
Servicing Lender Name JPMorgan Chase Bank, National Association
Servicing Lender Address 1111 Polaris Pkwy, COLUMBUS, OH, 43240-2031
Rural or Urban Indicator U
Hubzone N
LMI Y
Business Age Description Existing or more than 2 years old
Project Address POMPANO BEACH, BROWARD, FL, 33064-0800
Project Congressional District FL-23
Number of Employees 8
NAICS code 811198
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 194093
Originating Lender Name JPMorgan Chase Bank, National Association
Originating Lender Address CHICAGO, IL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 160563.16
Forgiveness Paid Date 2021-07-15

Date of last update: 03 Apr 2025

Sources: Florida Department of State