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POWER FACTOR, INC. - Florida Company Profile

Company Details

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

POWER FACTOR, 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: 05 Jul 2013 (12 years ago)
Document Number: P13000057172
FEI/EIN Number 20-0611939

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

Address: 1509 S. FL Ave Ste 2, Lakeland, FL, 33803, US
Mail Address: 1509 S. FL Ave Ste 2, Lakeland, FL, 33803, US
ZIP code: 33803
County: Polk
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
BEATTY GARY President 12430 Country Place Rd, Lakeland, FL, 33809
CARDINAL TAX & ACCOUNTING, INC Agent -

Events

Event Type Filed Date Value Description
CHANGE OF PRINCIPAL ADDRESS 2022-06-19 1509 S. FL Ave Ste 2, Lakeland, FL 33803 -
CHANGE OF MAILING ADDRESS 2022-06-19 1509 S. FL Ave Ste 2, Lakeland, FL 33803 -
REGISTERED AGENT NAME CHANGED 2022-06-19 Cardinal Tax & Accounting Inc -
REGISTERED AGENT ADDRESS CHANGED 2022-06-19 1509 S. FL Ave Ste 2, Lakeland, FL 33803 -

Documents

Name Date
ANNUAL REPORT 2024-04-22
ANNUAL REPORT 2023-04-19
AMENDED ANNUAL REPORT 2022-06-20
AMENDED ANNUAL REPORT 2022-06-19
ANNUAL REPORT 2022-04-30
ANNUAL REPORT 2021-05-01
ANNUAL REPORT 2020-06-30
ANNUAL REPORT 2019-04-29
ANNUAL REPORT 2018-01-10
ANNUAL REPORT 2017-04-26

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
2941298607 2021-03-16 0455 PPP 12430 Country Place Rd, Lakeland, FL, 33809-0901
Loan Status Date 2022-03-17
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 4427.9
Loan Approval Amount (current) 4427.9
Undisbursed Amount 0
Franchise Name -
Lender Location ID 17113
Servicing Lender Name Citizens Bank and Trust
Servicing Lender Address 2 E Wall St, FROSTPROOF, FL, 33843-2127
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Lakeland, POLK, FL, 33809-0901
Project Congressional District FL-11
Number of Employees 1
NAICS code 238210
Borrower Race Black or African American
Borrower Ethnicity Not Hispanic or Latino
Business Type Subchapter S Corporation
Originating Lender ID 17113
Originating Lender Name Citizens Bank and Trust
Originating Lender Address FROSTPROOF, FL
Gender Female Owned
Veteran Non-Veteran
Forgiveness Amount 4467.38
Forgiveness Paid Date 2022-02-10

Date of last update: 01 Apr 2025

Sources: Florida Department of State