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THE LOCAL MAG CORPORATION - Florida Company Profile

Company Details

Entity Name: THE LOCAL MAG CORPORATION
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

THE LOCAL MAG CORPORATION 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: 19 Feb 2015 (10 years ago)
Document Number: P15000016837
FEI/EIN Number 47-3213426

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

Address: 4408 SWIFT ROAD, SARASOTA, FL, 34231, US
Mail Address: 4408 SWIFT ROAD, SARASOTA, FL, 34231, US
ZIP code: 34231
County: Sarasota
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
ROBERTS TREVOR President 4408 SWIFT ROAD, SARASOTA, FL, 34231
ROBERTS TREVOR Agent 4408 SWIFT ROAD, SARASOTA, FL, 34231

Events

Event Type Filed Date Value Description
CHANGE OF PRINCIPAL ADDRESS 2022-02-21 4408 SWIFT ROAD, SARASOTA, FL 34231 -
CHANGE OF MAILING ADDRESS 2022-02-21 4408 SWIFT ROAD, SARASOTA, FL 34231 -
REGISTERED AGENT ADDRESS CHANGED 2022-02-21 4408 SWIFT ROAD, SARASOTA, FL 34231 -

Documents

Name Date
ANNUAL REPORT 2025-02-10
ANNUAL REPORT 2024-02-13
ANNUAL REPORT 2023-02-06
ANNUAL REPORT 2022-02-21
ANNUAL REPORT 2021-01-29
ANNUAL REPORT 2020-01-20
ANNUAL REPORT 2019-04-05
ANNUAL REPORT 2018-03-21
ANNUAL REPORT 2017-03-16
ANNUAL REPORT 2016-03-07

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
3826397104 2020-04-12 0455 PPP 5603 Marquesas Cir, SARASOTA, FL, 34233-3329
Loan Status Date 2021-01-20
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 58750
Loan Approval Amount (current) 7500
Undisbursed Amount 0
Franchise Name -
Lender Location ID 123499
Servicing Lender Name BayFirst National Bank
Servicing Lender Address 700 Central Avenue, Saint Petersburg, FL, 33701
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address SARASOTA, SARASOTA, FL, 34233-3329
Project Congressional District FL-17
Number of Employees 5
NAICS code 511120
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 123499
Originating Lender Name BayFirst National Bank
Originating Lender Address Saint Petersburg, FL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 7543.36
Forgiveness Paid Date 2020-12-02

Date of last update: 02 Apr 2025

Sources: Florida Department of State