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PASSION MOTORSPORTS INC. - Florida Company Profile

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Company Details

Entity Name: PASSION MOTORSPORTS INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

PASSION MOTORSPORTS 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: 05 Oct 2016 (9 years ago)
Date of dissolution: 25 Sep 2020 (5 years ago)
Last Event: ADMIN DISSOLUTION FOR ANNUAL REPORT
Event Date Filed: 25 Sep 2020 (5 years ago)
Document Number: P16000081495
FEI/EIN Number 814052332

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

Address: 6278 N. Federal Hwy, POMPANO BEACH, FL, 33308, US
Mail Address: 6278 N FEDERAL HIGHWAY, JAMES VALINZO, FT LAUDERDALE, FL, 33308, US
ZIP code: 33308
County: Broward
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
VALINZO JAMES President 6278 N FEDERAL HIGHWAY, FT LAUDERDALE, FL, 33308
VALINZO JAMES Secretary 6278 N FEDERAL HIGHWAY, FT LAUDERDALE, FL, 33308
VALINZO JAMES Agent 6278 N FEDERAL HIGHWAY, FT LAUDERDALE, FL, 33308

Events

Event Type Filed Date Value Description
ADMIN DISSOLUTION FOR ANNUAL REPORT 2020-09-25 - -
REINSTATEMENT 2019-12-04 - -
CHANGE OF PRINCIPAL ADDRESS 2019-12-04 6278 N. Federal Hwy, Suite 383, POMPANO BEACH, FL 33308 -
REGISTERED AGENT NAME CHANGED 2019-12-04 VALINZO, JAMES -
ADMIN DISSOLUTION FOR ANNUAL REPORT 2019-09-27 - -

Debts

Document Number Status Case Number Name of Court Date of Entry Expiration Date Amount Due Plaintiff
J19000752343 LAPSED CACE 19 020741 BROWARD CO 2019-11-04 2024-12-09 $523,993.75 BANKUNITED, N.A., C/O SCOTT MILCHUK, SVP, 7815 N..W. 148 STREET, MIAMI LAKES, FLORIDA 33016

Documents

Name Date
REINSTATEMENT 2019-12-04
ANNUAL REPORT 2018-01-15
ANNUAL REPORT 2017-01-06
Domestic Profit 2016-10-05

USAspending Awards / Financial Assistance

Date:
2016-11-07
Awarding Agency Name:
Small Business Administration
Transaction Description:
TO AID SMALL BUSINESSES WHICH ARE UNABLE TO OBTAIN FINANCING IN THE PRIVATE CREDIT MARKETPLACE
Obligated Amount:
0.00
Face Value Of Loan:
10000.00
Total Face Value Of Loan:
0.00
Date:
2016-11-04
Awarding Agency Name:
Small Business Administration
Transaction Description:
TO AID SMALL BUSINESSES WHICH ARE UNABLE TO OBTAIN FINANCING IN THE PRIVATE CREDIT MARKETPLACE
Obligated Amount:
0.00
Face Value Of Loan:
708600.00
Total Face Value Of Loan:
708600.00

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Date of last update: 02 Jun 2025

Sources: Florida Department of State