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PHOENIX BUSINESS, INC. - Florida Company Profile

Headquarter

Company Details

Entity Name: PHOENIX BUSINESS, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

PHOENIX BUSINESS, 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: 29 Nov 2021 (3 years ago)
Date of dissolution: 27 Sep 2024 (5 months ago)
Last Event: ADMIN DISSOLUTION FOR ANNUAL REPORT
Event Date Filed: 27 Sep 2024 (5 months ago)
Document Number: P21000099828
FEI/EIN Number 364217363

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

Address: 6021 MIDNIGHT PASS ROAD UNIT 3, SARASOTA, FL, 34242, US
Mail Address: 6021 MIDNIGHT PASS ROAD UNIT 3, SARASOTA, FL, 34242, US
ZIP code: 34242
County: Sarasota
Place of Formation: FLORIDA

Links between entities

Type Company Name Company Number State
Headquarter of PHOENIX BUSINESS, INC., KENTUCKY 0839354 KENTUCKY

Key Officers & Management

Name Role Address
SARANGI HANIF President 1280 TREE BAY LN, SARASOTA, FL, 34242
SARANGI HANIF Director 1280 TREE BAY LN, SARASOTA, FL, 34242
SARANGI HANIF Treasurer 1280 TREE BAY LN, SARASOTA, FL, 34242
LORENZO DIAZ JOSE Vice President 8825 DEL MONICO AVE, WEST HILLS, CA, 91304
EAGLES JOHN Secretary 6021 MIDNIGHT PASS ROAD UNIT 3, SARASOTA, FL, 34242
SARANGI HANIF Agent 1280 TREE BAY LN, SARASOTA, FL, 34242

Events

Event Type Filed Date Value Description
REINSTATEMENT 2025-02-25 - -
ADMIN DISSOLUTION FOR ANNUAL REPORT 2024-09-27 - -
AMENDMENT 2023-08-22 - -
CONVERSION 2021-11-29 - CORPORATION WAS A CONVERSION RESULT. CONVERTING CORPORATION WAS F02000000022. CONVERSION NUMBER 500000222335

Documents

Name Date
Amendment 2023-08-22
ANNUAL REPORT 2023-04-27
Domestic Profit 2021-11-29

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
6300057302 2020-04-30 0455 PPP 6021 Midnight Pass Suite 3, Sarasota, FL, 34242-3213
Loan Status Date 2020-12-19
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 307892
Loan Approval Amount (current) 307892
Undisbursed Amount 0
Franchise Name -
Lender Location ID 111946
Servicing Lender Name State Bank of Texas
Servicing Lender Address 111 W John Carpenter Fwy, Irving, TX, 75039
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Sarasota, SARASOTA, FL, 34242-3213
Project Congressional District FL-17
Number of Employees 19
NAICS code 541618
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 111946
Originating Lender Name State Bank of Texas
Originating Lender Address Irving, TX
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 309559.75
Forgiveness Paid Date 2020-11-17

U.S. Small Business Administration Profile

Status User ID Name of Firm Trade Name UEI Address
Active P1760892 PHOENIX BUSINESS INC - RU7NW4A59D43 6021 MIDNIGHT PASS RD, UNIT 3, SARASOTA, FL, 34242-3213
Capabilities Statement Link -
Phone Number 914-545-7928
Fax Number 817-549-0261
E-mail Address rfpteam@phoenixteam.com
WWW Page www.phoenixteam.com
E-Commerce Website https://phoenixteam.com/
Contact Person DERIK SIMOVART
County Code (3 digit) 115
Congressional District 17
Metropolitan Statistical Area 7510
CAGE Code 6Z8D2
Year Established 1998
Accepts Government Credit Card Yes
Legal Structure Corporation
Ownership and Self-Certifications Other Minority Owned, Self-Certified Small Disadvantaged Business, Subcontinent Asian American
Business Development Servicing Office SOUTH FLORIDA DISTRICT OFFICE (SBA office code 0455)
Capabilities Narrative Phoenix specializes in proving SAP and IT Consulting Services to the Public Sector. We are a full spectrum consulting firm and have been in business for over 20 years.
Special Equipment/Materials SAP, ERP, ECM
Business Type Percentages Service (100 %)
Keywords SAP and IT Consulting Services
Quality Assurance Standards (none given)
Electronic Data Interchange capable -

Current Principals

Name Hanif Sarangi
Role President

SBA Federal Certifications

HUBZone Certified No
Women Owned Certified No
Women Owned Pending No
Economically Disadvantaged Women Owned Certified No
Economically Disadvantaged Women Owned Pending No
Veteran-Owned Small Business Certified No
Veteran-Owned Small Business Joint Venture No
Service-Disabled Veteran-Owned Small Business Certified No
Service-Disabled Veteran-Owned Small Business Joint Venture No

Bonding Levels

Description Construction Bonding Level (per contract)
Level $0
Description Construction Bonding Level (aggregate)
Level $0
Description Service Bonding Level (per contract)
Level $0
Description Service Bonding Level (aggregate)
Level $0

NAICS Codes with Size Determinations by NAICS

Primary Yes
Code 541511
NAICS Code's Description Custom Computer Programming Services
Small Yes
Code 513210
NAICS Code's Description Software Publishers15
Small Yes
Code 518210
NAICS Code's Description Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
Small Yes
Code 541512
NAICS Code's Description Computer Systems Design Services
Small Yes
Code 541513
NAICS Code's Description Computer Facilities Management Services
Small Yes
Code 541611
NAICS Code's Description Administrative Management and General Management Consulting Services
Small Yes
Code 541612
NAICS Code's Description Human Resources Consulting Services
Small Yes
Code 541614
NAICS Code's Description Process, Physical Distribution and Logistics Consulting Services
Small Yes
Code 541618
NAICS Code's Description Other Management Consulting Services
Small No
Code 611420
NAICS Code's Description Computer Training
Small No

Export Profile (Trade Mission Online)

Exporter No
Export Business Activities (none given)
Exporting to (none given)
Desired Export Business Relationships (none given)
Description of Export Objective(s) (none given)

Performance History (References)

Name Monroe County, NY
Contract SAP Production Supp.
Start 2016-08-10
End 2019-02-12
Value $2M+
Contact Elizabeth Prescood
Phone 585-753-1813
Name Houston Independent School District
Contract IT Consulting Svs
Start 2014-08-21
End 2019-02-12
Value $5M+
Contact Sherrie Robinson
Phone 713-556-6400

Date of last update: 02 Mar 2025

Sources: Florida Department of State