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MAGIC CLIMATE CONTROL INC - Florida Company Profile

Company Details

Entity Name: MAGIC CLIMATE CONTROL INC
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

MAGIC CLIMATE CONTROL 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: 06 Apr 2016 (9 years ago)
Date of dissolution: 02 May 2023 (2 years ago)
Last Event: VOLUNTARY DISSOLUTION
Event Date Filed: 02 May 2023 (2 years ago)
Document Number: P16000031240
FEI/EIN Number 36-4815281

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

Address: 1700 BANKS RD, SUITE 50F, MARGATE, FL, 33063, US
Mail Address: 1700 BANKS RD, SUITE 50F, MARGATE, FL, 33063, US
ZIP code: 33063
County: Broward
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
SINGH EON President 1700 BANKS RD, MARGATE, FL, 33063
SINGH EON Agent 1700 BANKS RD, MARGATE, FL, 33063

Events

Event Type Filed Date Value Description
VOLUNTARY DISSOLUTION 2023-05-02 - -
CHANGE OF PRINCIPAL ADDRESS 2020-06-13 1700 BANKS RD, SUITE 50F, MARGATE, FL 33063 -
CHANGE OF MAILING ADDRESS 2020-06-13 1700 BANKS RD, SUITE 50F, MARGATE, FL 33063 -
REGISTERED AGENT ADDRESS CHANGED 2020-06-13 1700 BANKS RD, SUITE 50F, MARGATE, FL 33063 -
REGISTERED AGENT NAME CHANGED 2019-03-15 SINGH, EON -

Documents

Name Date
VOLUNTARY DISSOLUTION 2023-05-02
ANNUAL REPORT 2022-04-08
ANNUAL REPORT 2021-04-08
ANNUAL REPORT 2020-06-13
ANNUAL REPORT 2019-03-15
ANNUAL REPORT 2018-01-11
ANNUAL REPORT 2017-02-27
Domestic Profit 2016-04-06

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
6829567204 2020-04-28 0455 PPP 1700 Banks road suite 50 F, Margate, FL, 33063
Loan Status Date 2021-11-20
Loan Status Charged Off
Loan Maturity in Months 3
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 263552
Loan Approval Amount (current) 263552
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 Y
Business Age Description Unanswered
Project Address Margate, BROWARD, FL, 33063-1200
Project Congressional District FL-23
Number of Employees 7
NAICS code 238220
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 29805
Originating Lender Name TD Bank, National Association
Originating Lender Address WILMINGTON, DE
Gender Unanswered
Veteran Unanswered
Forgiveness Amount -
Forgiveness Paid Date -
9514148409 2021-02-17 0455 PPS 1700 Banks Rd Ste 50F, Margate, FL, 33063-7719
Loan Status Date 2022-02-18
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 14582
Loan Approval Amount (current) 14583
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 Y
Business Age Description Existing or more than 2 years old
Project Address Margate, BROWARD, FL, 33063-7719
Project Congressional District FL-23
Number of Employees 4
NAICS code 238220
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 29805
Originating Lender Name TD Bank, National Association
Originating Lender Address WILMINGTON, DE
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 14705.74
Forgiveness Paid Date 2022-01-03

Date of last update: 01 Mar 2025

Sources: Florida Department of State