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PRECISION AIR BALANCE, INC. - Florida Company Profile

Company Details

Entity Name: PRECISION AIR BALANCE, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

PRECISION AIR BALANCE, 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: 21 Apr 1994 (31 years ago)
Document Number: P94000030547
FEI/EIN Number 650487773

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

Address: 1016 SE 5TH TERR, CAPE CORAL, FL, 33990, US
Mail Address: 1016 S.E. 5th Terrace, CAPE CORAL, FL, 33990, US
ZIP code: 33990
County: Lee
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
RUSNOCK MARK W Director 1016 SE 5TH TERR, CAPE CORAL, FL, 33990
RUSNOCK MARK W President 1016 SE 5TH TERR, CAPE CORAL, FL, 33990
PASCARELLI-RUSNOCK TONIA Director 1016 SE 5TH TERR, CAPE CORAL, FL, 33990
PASCARELLI-RUSNOCK TONIA Secretary 1016 SE 5TH TERR, CAPE CORAL, FL, 33990
PASCARELLI-RUSNOCK TONIA Treasurer 1016 SE 5TH TERR, CAPE CORAL, FL, 33990
RUSNOCK MARK W Agent 1016 SE 5TH TERR, CAPE CORAL, FL, 33990

Events

Event Type Filed Date Value Description
CHANGE OF MAILING ADDRESS 2017-04-13 1016 SE 5TH TERR, CAPE CORAL, FL 33990 -
CHANGE OF PRINCIPAL ADDRESS 2008-02-01 1016 SE 5TH TERR, CAPE CORAL, FL 33990 -
REGISTERED AGENT ADDRESS CHANGED 2008-02-01 1016 SE 5TH TERR, CAPE CORAL, FL 33990 -
REGISTERED AGENT NAME CHANGED 2006-09-14 RUSNOCK, MARK W -

Documents

Name Date
ANNUAL REPORT 2024-01-25
ANNUAL REPORT 2023-03-13
ANNUAL REPORT 2022-02-28
ANNUAL REPORT 2021-01-26
ANNUAL REPORT 2020-01-22
ANNUAL REPORT 2019-02-11
ANNUAL REPORT 2018-03-12
ANNUAL REPORT 2017-04-13
ANNUAL REPORT 2016-03-07
ANNUAL REPORT 2015-04-02

USAspending Awards. Financial Assistance

FAIN Awarding Agency Assistance Listings Start Date End Date Description
3461495005 Small Business Administration 59.012 - 7(A) LOAN GUARANTEES - - TO AID SMALL BUSINESSES WHICH ARE UNABLE TO OBTAIN FINANCING IN THE PRIVATE CREDIT MARKETPLACE
Recipient PRECISION AIR BALANCE, INC.
Recipient Name Raw PRECISION AIR BALANCE, INC.
Recipient Address 1016 SE 5TH TERRACE, CAPE CORAL, LEE, FLORIDA, 33990-0000, UNITED STATES
Obligated Amount 0.00
Non-Federal Funding 0.00
Original Subsidy Cost 775.00
Face Value of Direct Loan 25000.00
Link View Page

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
6271947701 2020-05-01 0455 PPP 1016 SE 5TH TER, CAPE CORAL, FL, 33990-2644
Loan Status Date 2021-02-19
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 50000
Loan Approval Amount (current) 50000
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 CAPE CORAL, LEE, FL, 33990-2644
Project Congressional District FL-19
Number of Employees 4
NAICS code 238220
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 9551
Originating Lender Name Bank of America, National Association
Originating Lender Address CHARLOTTE, NC
Gender Female Owned
Veteran Non-Veteran
Forgiveness Amount 50347.95
Forgiveness Paid Date 2021-01-14

Date of last update: 02 Apr 2025

Sources: Florida Department of State