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ISLAND BOYZ MARKETING GROUP INC - Florida Company Profile

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Company Details

Entity Name: ISLAND BOYZ MARKETING GROUP INC
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

ISLAND BOYZ MARKETING GROUP 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: 19 Oct 2018 (7 years ago)
Date of dissolution: 23 Sep 2022 (3 years ago)
Last Event: ADMIN DISSOLUTION FOR ANNUAL REPORT
Event Date Filed: 23 Sep 2022 (3 years ago)
Document Number: P18000087493
FEI/EIN Number 83-2382425

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

Address: 2701 NURSERY RD, LAKE WALES, FL, 33859, UN
Mail Address: 2701 NURSERY RD, LAKE WALES, FL, 33859, UN
ZIP code: 33859
City: Lake Wales
County: Polk
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
KING KENRIC Owner 2701 NURSERY RD, LAKE WALES, 33859
KING KENRIC Agent 2701 NURSERY RD, LAKE WALES, FL, 33859

Events

Event Type Filed Date Value Description
ADMIN DISSOLUTION FOR ANNUAL REPORT 2022-09-23 - -
REINSTATEMENT 2020-08-04 - -
REGISTERED AGENT NAME CHANGED 2020-08-04 KING, KENRIC -
ADMIN DISSOLUTION FOR ANNUAL REPORT 2019-09-27 - -

Documents

Name Date
ANNUAL REPORT 2021-09-22
REINSTATEMENT 2020-08-04
Domestic Profit 2018-10-19

USAspending Awards / Financial Assistance

Date:
2021-04-08
Awarding Agency Name:
Small Business Administration
Transaction Description:
TO AID SMALL BUSINESSES IN MAINTAINING WORK FORCE DURING COVID-19 PANDEMIC.
Obligated Amount:
0.00
Face Value Of Loan:
72250.00
Total Face Value Of Loan:
72250.00
Date:
2021-02-22
Awarding Agency Name:
Small Business Administration
Transaction Description:
TO AID SMALL BUSINESSES IN MAINTAINING WORK FORCE DURING COVID-19 PANDEMIC.
Obligated Amount:
0.00
Face Value Of Loan:
72250.00
Total Face Value Of Loan:
72250.00
Date:
2020-08-05
Awarding Agency Name:
Small Business Administration
Transaction Description:
TO AID SMALL BUSINESSES IN MAINTAINING WORK FORCE DURING COVID-19 PANDEMIC.
Obligated Amount:
0.00
Face Value Of Loan:
102000.00
Total Face Value Of Loan:
0.00

Paycheck Protection Program

Jobs Reported:
5
Initial Approval Amount:
$72,250
Date Approved:
2021-04-08
Loan Status:
Charged Off
SBA Guaranty Percentage:
100
Current Approval Amount:
$72,250
Race:
Black or African American
Ethnicity:
Unknown/NotStated
Gender:
Male Owned
Veteran:
Non-Veteran
Servicing Lender:
U.S. Bank, National Association
Use of Proceeds:
Payroll: $72,250
Jobs Reported:
6
Initial Approval Amount:
$72,250
Date Approved:
2021-02-22
Loan Status:
Charged Off
SBA Guaranty Percentage:
100
Current Approval Amount:
$72,250
Race:
Black or African American
Ethnicity:
Unknown/NotStated
Gender:
Male Owned
Veteran:
Non-Veteran
Servicing Lender:
U.S. Bank, National Association
Use of Proceeds:
Payroll: $72,249

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Date of last update: 01 Jul 2025

Sources: Florida Department of State