| Entity Name: | FARNE FINANCIAL, INC |
| Jurisdiction: | FLORIDA |
| Filing Type: |
Domestic Profit
FARNE FINANCIAL, 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: | 01 Nov 2023 (2 years ago) |
| Date of dissolution: | 06 Nov 2023 (2 years ago) |
| Last Event: | VOLUNTARY DISSOLUTION |
| Event Date Filed: | 06 Nov 2023 (2 years ago) |
| Document Number: | P23000077548 |
| Address: | 3997 COMMONS DR W, SUITE O, DESTIN, FL, 32541, US |
| Mail Address: | 3997 COMMONS DR W, SUITE O, DESTIN, FL, 32541, US |
| ZIP code: | 32541 |
| County: | Okaloosa |
| Place of Formation: | FLORIDA |
| Name | Role | Address |
|---|---|---|
| FARNE MICHAEL J | President | 3997 COMMONS DR W, SUITE O, DESTIN, FL, 32541 |
| FARNE MICHAEL J | Agent | 3997 COMMONS DR W, DESTIN, FL, 32541 |
| Event Type | Filed Date | Value | Description |
|---|---|---|---|
| VOLUNTARY DISSOLUTION | 2023-11-06 | - | - |
| Name | Date |
|---|---|
| VOLUNTARY DISSOLUTION | 2023-11-06 |
| Domestic Profit | 2023-11-01 |
| Loan Number | Loan Funded Date | SBA Origination Office Code | Loan Delivery Method | Borrower Street Address | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| 1400017208 | 2020-04-15 | 0491 | PPP | 3997 COMMONS DR STE 0, DESTIN, FL, 32541-8443 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Date of last update: 03 May 2025
Sources: Florida Department of State
