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RICH ELECTRIC, INC. - Florida Company Profile

Company Details

Entity Name: RICH ELECTRIC, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

RICH ELECTRIC, 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: 13 Nov 2017 (7 years ago)
Date of dissolution: 24 Sep 2021 (3 years ago)
Last Event: ADMIN DISSOLUTION FOR ANNUAL REPORT
Event Date Filed: 24 Sep 2021 (3 years ago)
Document Number: P17000090372
FEI/EIN Number 38-4055080

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

Address: 3865 TOBY AVE, MALABAR, FL, 32950, US
Mail Address: 3865 TOBY AVE, MALABAR, FL, 32950, US
ZIP code: 32950
County: Brevard
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
RICH RUSTY D President 3865 TOBY AVE, MALABAR, FL, 32950
RICH RUSTY D Director 3865 TOBY AVE, MALABAR, FL, 32950
MUSICK STEVEN C Agent 7406 HIBISCUS RD, FT PIERCE, FL, 34951

Events

Event Type Filed Date Value Description
ADMIN DISSOLUTION FOR ANNUAL REPORT 2021-09-24 - -
CONVERSION 2017-11-13 - CORPORATION WAS A CONVERSION RESULT. CONVERTING CORPORATION WAS L13000136249. CONVERSION NUMBER 500000175765

Documents

Name Date
ANNUAL REPORT 2020-02-11
ANNUAL REPORT 2019-03-18
ANNUAL REPORT 2018-04-26
Domestic Profit 2017-11-13

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
2800397101 2020-04-11 0455 PPP 3865 Toby Ave, MALABAR, FL, 32950-4147
Loan Status Date 2021-06-24
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 58872.5
Loan Approval Amount (current) 58872.5
Undisbursed Amount 0
Franchise Name -
Lender Location ID 48270
Servicing Lender Name JPMorgan Chase Bank, National Association
Servicing Lender Address 1111 Polaris Pkwy, COLUMBUS, OH, 43240-2031
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address MALABAR, BREVARD, FL, 32950-4147
Project Congressional District FL-08
Number of Employees 8
NAICS code 238210
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 194093
Originating Lender Name JPMorgan Chase Bank, National Association
Originating Lender Address CHICAGO, IL
Gender Unanswered
Veteran Non-Veteran
Forgiveness Amount 59134.26
Forgiveness Paid Date 2021-04-02

Date of last update: 01 Mar 2025

Sources: Florida Department of State