| Entity Name: | LOW COST INSURANCE, INC. |
| Jurisdiction: | FLORIDA |
| Filing Type: |
Domestic Profit
LOW COST INSURANCE, 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: |
Active
The business entity is active. This status indicates that the business is currently operating and compliant with state regulations, suggesting a lower risk profile for lenders and potentially better creditworthiness. |
| Date Filed: | 30 Jan 2025 (3 months ago) |
| Document Number: | P25000005076 |
| Address: | 101 MERITA RD NW, LAKE PLACID, 33852 |
| Mail Address: | 204 S. MAIN AVE, PMB #104, LAKE PLACID, FL33852, UN |
| ZIP code: | 33852 |
| County: | Highlands |
| Place of Formation: | FLORIDA |
| Name | Role | Address |
|---|---|---|
| CORMAN MITCHELL P | Agent | 101 MERITA RD NW, LAKE PLACID, FL33852 |
| CORMAN MITCHELL P | President | 101 MERITA RD NW, LAKE PLACID, FL33852 |
| BRAUNSTEIN BETH R | Vice President | 101 MERITA RD NW, LAKE PLACID, FL33852 |
| Name | Date |
|---|---|
| Domestic Profit | 2025-01-21 |
| Loan Number | Loan Funded Date | SBA Origination Office Code | Loan Delivery Method | Borrower Street Address | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| 1301788206 | 2020-07-30 | 0455 | PPP | 3399 66TH AVE, SAINT PETERSBURG, FL, 33702 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Date of last update: 10 Feb 2025
Sources: Florida Department of State
