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MAG FOOD MART INC - Florida Company Profile

Company Details

Entity Name: MAG FOOD MART INC
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

MAG FOOD MART 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: 18 Oct 2013 (12 years ago)
Document Number: P13000085930
FEI/EIN Number 46-3986506

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

Address: 2521 FOREST HILL BOULEVARD, WEST PALM BEACH, FL, 33406, US
Mail Address: 2521 FOREST HILL BOULEVARD, WEST PALM BEACH, FL, 33406, US
ZIP code: 33406
County: Palm Beach
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
GHANCHI ASLAM M President 5108 HERON PLACE, COCONUT CREEK, FL, 33073
GHANCHI ROOHI A Vice President 5108 HERON PLACE, COCONUT CREEK, FL, 33073
GHANCHI HAMMAD M Secretary 5108 HERON PLACE, COCONUT CREEK, FL, 33073
GHANCHI ASLAM M Agent 5108 HERON PLACE, COCONUT CREEK, FL, 33073

Events

Event Type Filed Date Value Description
CHANGE OF PRINCIPAL ADDRESS 2014-04-14 2521 FOREST HILL BOULEVARD, WEST PALM BEACH, FL 33406 -
CHANGE OF MAILING ADDRESS 2014-04-14 2521 FOREST HILL BOULEVARD, WEST PALM BEACH, FL 33406 -

Documents

Name Date
ANNUAL REPORT 2024-02-14
ANNUAL REPORT 2023-03-27
ANNUAL REPORT 2022-03-10
ANNUAL REPORT 2021-03-23
ANNUAL REPORT 2020-03-07
ANNUAL REPORT 2019-03-23
ANNUAL REPORT 2018-03-13
ANNUAL REPORT 2017-03-14
ANNUAL REPORT 2016-04-28
ANNUAL REPORT 2015-04-11

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
4133427701 2020-05-01 0455 PPP 2521 FOREST HILL BLVD, WEST PALM BEACH, FL, 33406
Loan Status Date 2021-09-29
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 13000
Loan Approval Amount (current) 13000
Undisbursed Amount 0
Franchise Name -
Lender Location ID 29805
Servicing Lender Name TD Bank, National Association
Servicing Lender Address 2035 Limestone Rd, WILMINGTON, DE, 19808-5529
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address WEST PALM BEACH, PALM BEACH, FL, 33406-1300
Project Congressional District FL-20
Number of Employees 4
NAICS code -
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 29805
Originating Lender Name TD Bank, National Association
Originating Lender Address WILMINGTON, DE
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 13169.36
Forgiveness Paid Date 2021-08-18

Date of last update: 01 May 2025

Sources: Florida Department of State