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TOWEL VISIONS, INC. - Florida Company Profile

Company Details

Entity Name: TOWEL VISIONS, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

TOWEL VISIONS, 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: 11 Jan 2019 (6 years ago)
Date of dissolution: 08 Oct 2024 (6 months ago)
Last Event: VOLUNTARY DISSOLUTION
Event Date Filed: 08 Oct 2024 (6 months ago)
Document Number: P19000004443
FEI/EIN Number 83-3172207

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

Address: 571 SW SAINT GEORGES BAY, PORT SAINT LUCIE, FL, 34986, US
Mail Address: PO BOX 881447, PORT SAINT LUCIE, FL, 34988, US
ZIP code: 34986
County: St. Lucie
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
SAMPSON STEVEN W Agent 571 Southwest Saint Georges Bay, Port St. Lucie, FL, 34986
SAMPSON STEVEN W President 571 Southwest Saint Georges Bay, Port St. Lucie, FL, 34986

Events

Event Type Filed Date Value Description
VOLUNTARY DISSOLUTION 2024-10-08 - -
REGISTERED AGENT ADDRESS CHANGED 2023-03-21 571 Southwest Saint Georges Bay, Port St. Lucie, FL 34986 -
CHANGE OF PRINCIPAL ADDRESS 2023-03-03 571 SW SAINT GEORGES BAY, PORT SAINT LUCIE, FL 34986 -
CHANGE OF MAILING ADDRESS 2023-03-03 571 SW SAINT GEORGES BAY, PORT SAINT LUCIE, FL 34986 -

Documents

Name Date
VOLUNTARY DISSOLUTION 2024-10-08
ANNUAL REPORT 2024-02-19
ANNUAL REPORT 2023-03-21
ANNUAL REPORT 2022-01-19
ANNUAL REPORT 2021-01-13
ANNUAL REPORT 2020-02-11
Domestic Profit 2019-01-11

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
5004247704 2020-05-01 0455 PPP 2560 N POWERLINE RD STE 201, POMPANO BEACH, FL, 33069-1057
Loan Status Date 2021-04-17
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 11135
Loan Approval Amount (current) 11135
Undisbursed Amount 0
Franchise Name -
Lender Location ID 9551
Servicing Lender Name Bank of America, National Association
Servicing Lender Address 100 N Tryon St, Ste 170, CHARLOTTE, NC, 28202-4024
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description New Business or 2 years or less
Project Address POMPANO BEACH, BROWARD, FL, 33069-1057
Project Congressional District FL-23
Number of Employees 2
NAICS code 423220
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 9551
Originating Lender Name Bank of America, National Association
Originating Lender Address CHARLOTTE, NC
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 11226.22
Forgiveness Paid Date 2021-02-25
8338978406 2021-02-13 0455 PPS 2560 N Powerline Rd Ste 201, Pompano Beach, FL, 33069-1057
Loan Status Date 2021-12-15
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 11135
Loan Approval Amount (current) 11135
Undisbursed Amount 0
Franchise Name -
Lender Location ID 9551
Servicing Lender Name Bank of America, National Association
Servicing Lender Address 100 N Tryon St, Ste 170, CHARLOTTE, NC, 28202-4024
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Pompano Beach, BROWARD, FL, 33069-1057
Project Congressional District FL-23
Number of Employees 1
NAICS code 313310
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 9551
Originating Lender Name Bank of America, National Association
Originating Lender Address CHARLOTTE, NC
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 11188.39
Forgiveness Paid Date 2021-08-11

Date of last update: 01 Apr 2025

Sources: Florida Department of State