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MAGRALOGIC INC. - Florida Company Profile

Company Details

Entity Name: MAGRALOGIC INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

MAGRALOGIC 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: 10 Oct 2013 (12 years ago)
Date of dissolution: 25 Jun 2021 (4 years ago)
Last Event: VOLUNTARY DISSOLUTION
Event Date Filed: 25 Jun 2021 (4 years ago)
Document Number: P13000083406
FEI/EIN Number 46-3877808

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

Address: 1500 BEVILLE RD, DAYTONA BEACH, FL, 32114, US
Mail Address: 1500 BEVILLE RD, DAYTONA BEACH, FL, 32114, US
ZIP code: 32114
County: Volusia
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
KING DAMIAN S Director 2845 Enterprise Blvd, Debary, FL, 32713
KING DAMIAN S President 2845 Enterprise Blvd, Debary, FL, 32713
KING DAMIAN S Agent 2845 Enterprise Blvd, Debary, FL, 32713

Fictitious Names

Registration Number Fictitious Name Status Filed Date Expiration Date Cancellation Date Mailing Address
G19000073751 SIGN OF THE TIMES EXPIRED 2019-07-05 2024-12-31 - 2845 ENTERPRISE BLVD STE 102, DEBARY, FL, 32713
G19000073097 SOLAR WIRED EXPIRED 2019-07-02 2024-12-31 - 2845 ENTERPRISE BLVD, SUITE 102, DEBARY, FL, 32713
G19000072783 FLORIDA CONSTRUCTION AND MAINTENANCE PARTNERS EXPIRED 2019-07-01 2024-12-31 - 2845 ENTERPRISE BLVD, SUITE 102, DEBARY, FL, 32713
G16000073736 LUMA DYNAMICS EXPIRED 2016-07-25 2021-12-31 - 75 VIRGINIA AVE, DELAND, FL, 32724
G13000102226 KING RESORTS EXPIRED 2013-10-16 2018-12-31 - 75 VIRGINIA AVE, DELAND, FL, 32724

Events

Event Type Filed Date Value Description
CHANGE OF PRINCIPAL ADDRESS 2021-07-01 1500 BEVILLE RD, STE 606-312, DAYTONA BEACH, FL 32114 -
CHANGE OF MAILING ADDRESS 2021-07-01 1500 BEVILLE RD, STE 606-312, DAYTONA BEACH, FL 32114 -
VOLUNTARY DISSOLUTION 2021-06-25 - -
REGISTERED AGENT ADDRESS CHANGED 2020-06-22 2845 Enterprise Blvd, Suite 102, Debary, FL 32713 -

Documents

Name Date
VOLUNTARY DISSOLUTION 2021-06-25
ANNUAL REPORT 2020-06-22
ANNUAL REPORT 2019-04-27
ANNUAL REPORT 2018-04-26
ANNUAL REPORT 2017-04-29
ANNUAL REPORT 2016-04-29
ANNUAL REPORT 2015-05-01
ANNUAL REPORT 2014-04-28
Domestic Profit 2013-10-10

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
8423238303 2021-01-29 0491 PPS 915 Diplomat Dr Ste 102F, Debary, FL, 32713-5207
Loan Status Date 2022-02-16
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 108635
Loan Approval Amount (current) 108635
Undisbursed Amount 0
Franchise Name -
Lender Location ID 12096
Servicing Lender Name Wells Fargo Bank, National Association
Servicing Lender Address 101 N Philips Ave, SIOUX FALLS, SD, 57104-6738
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Debary, VOLUSIA, FL, 32713-5207
Project Congressional District FL-07
Number of Employees 10
NAICS code 221114
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 12096
Originating Lender Name Wells Fargo Bank, National Association
Originating Lender Address SIOUX FALLS, SD
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 109620.16
Forgiveness Paid Date 2022-01-03
4859277703 2020-05-01 0491 PPP 75 VIRGINIA AVE, DELAND, FL, 32724
Loan Status Date 2021-08-12
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 127083
Loan Approval Amount (current) 127083
Undisbursed Amount 0
Franchise Name -
Lender Location ID 12096
Servicing Lender Name Wells Fargo Bank, National Association
Servicing Lender Address 101 N Philips Ave, SIOUX FALLS, SD, 57104-6738
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address DELAND, VOLUSIA, FL, 32724-0001
Project Congressional District FL-06
Number of Employees 12
NAICS code 238220
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 12096
Originating Lender Name Wells Fargo Bank, National Association
Originating Lender Address SIOUX FALLS, SD
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 128576.66
Forgiveness Paid Date 2021-07-12

Date of last update: 02 Apr 2025

Sources: Florida Department of State