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OLE SOUTH AUTO SALVAGE, INC. - Florida Company Profile

Company Details

Entity Name: OLE SOUTH AUTO SALVAGE, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

OLE SOUTH AUTO SALVAGE, 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: 02 May 1995 (30 years ago)
Last Event: AMENDMENT
Event Date Filed: 08 Mar 2021 (4 years ago)
Document Number: P95000034142
FEI/EIN Number 593312757

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

Address: 480 U.S. HIGHWAY 27 NORTH, VENUS, FL, 33960-2071
Mail Address: P. O. BOX 930, LAKE PLACID, FL, 33862-0930, US
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
THOMPSON PAUL E Vice President 480 U.S. HIGHWAY 27 NORTH, VENUS, FL
THOMPSON TERRY E President 480 US HWY 27 NORTH, VENUS, FL, 33960
THOMPSON CYNTHIA R Secretary 480 U.S. HWY. 27 NORTH, VENUS, FL, 33960
THOMPSON CYNTHIA R Treasurer 480 U.S. HWY. 27 NORTH, VENUS, FL, 33960
THOMPSON PAUL E Agent 480 U.S. HIGHWAY 27 NORTH, VENUS, FL, 33960

Events

Event Type Filed Date Value Description
AMENDMENT 2021-03-08 - -
REGISTERED AGENT ADDRESS CHANGED 2008-02-27 480 U.S. HIGHWAY 27 NORTH, VENUS, FL 33960 -
CHANGE OF PRINCIPAL ADDRESS 2007-03-22 480 U.S. HIGHWAY 27 NORTH, VENUS, FL 33960-2071 -
CHANGE OF MAILING ADDRESS 1998-04-21 480 U.S. HIGHWAY 27 NORTH, VENUS, FL 33960-2071 -

Documents

Name Date
ANNUAL REPORT 2025-01-22
ANNUAL REPORT 2024-01-15
ANNUAL REPORT 2023-01-04
ANNUAL REPORT 2022-01-21
Amendment 2021-03-08
ANNUAL REPORT 2021-01-18
ANNUAL REPORT 2020-01-14
ANNUAL REPORT 2019-02-07
ANNUAL REPORT 2018-01-10
ANNUAL REPORT 2017-01-19

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
8368907009 2020-04-08 0455 PPP 480 US HWY 27 N, VENUS, FL, 33960-2071
Loan Status Date 2020-12-12
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 457500
Loan Approval Amount (current) 457500
Undisbursed Amount 0
Franchise Name -
Lender Location ID 124139
Servicing Lender Name Heartland National Bank
Servicing Lender Address 320 US Hwy 27 North, SEBRING, FL, 33870-2147
Rural or Urban Indicator U
Hubzone Y
LMI N
Business Age Description Existing or more than 2 years old
Project Address VENUS, HIGHLANDS, FL, 33960-2071
Project Congressional District FL-18
Number of Employees 38
NAICS code 441310
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 124139
Originating Lender Name Heartland National Bank
Originating Lender Address SEBRING, FL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 460041.67
Forgiveness Paid Date 2020-11-03

Motor Carrier Census

USDOT Number Carrier Operation MCS-150 Form Date MCS-150 Mileage MCS-150 Year Power Units Drivers Operation Classification
1806017 Intrastate Non-Hazmat 2008-08-28 400000 2007 8 14 Private(Property)
Legal Name OLE SOUTH AUTO SALVAGE INC
DBA Name -
Physical Address 480 US HWY 27 NORTH, VENUS, FL, 33960, US
Mailing Address P O BOX 930, LAKE PLACID, FL, 33862, US
Phone (863) 465-5810
Fax -
E-mail OLESOUTH@STRATO.NET

Safety Measurement System - All Transportation

Total Number of Inspections for the measurement period (24 months) 1
Driver Fitness BASIC Serious Violation Indicator No
Vehicle Maintenance BASIC Acute/Critical Indicator No
Unsafe Driving BASIC Acute/Critical Indicator No
Driver Fitness BASIC Roadside Performance measure value 0
Hours-of-Service (HOS) Compliance BASIC Roadside Performance measure value 0
Total Number of Driver Inspections for the measurment period 1
Vehicle Maintenance BASIC Roadside Performance measure value 12
Total Number of Vehicle Inspections for the measurement period 1
Controlled Substances and Alcohol BASIC Roadside Performance measure value 0
Unsafe Driving BASIC Roadside Performance Measure Value 0
Number of inspections with at least one Driver Fitness BASIC violation 0
Number of inspections with at least one Hours-of-Service BASIC violation 0
Total Number of Driver Inspections containing at least one Driver Out-of-Service Violation 0
Number of inspections with at least one Vehicle Maintenance BASIC violation 1
Total Number of Vehicle Inspections containing at least one Vehicle Out-of-Service violation 1
Number of inspections with at least one Controlled Substances and Alcohol BASIC violation 0
Number of inspections with at least one Unsafe Driving BASIC violation 0

Inspections

Unique report number of the inspection 3209007686
State abbreviation that indicates the state the inspector is from FL
The date of the inspection 2024-10-28
ID that indicates the level of inspection Walk-around
State abbreviation that indicates where the inspection occurred FL
Time weight of the inspection 3
Number of Out-Of-Service violations related to Driver 0
Number of Out-Of-Service violations related to vehicle 1
Number of violations related to Hazardous Materials 0
Total number of Out-Of-Service violations 1
Total number of Out-Of-Service violations related to Hazardous Materials 0
Description of the type of the main unit STRAIGHT TRUCK
Description of the make of the main unit CHEVROLET
License plate of the main unit IG62IM
License state of the main unit FL
Vehicle Identification Number of the main unit 1GB3WRE76PF223239
Description of the type of the secondary unit SEMI-TRAILER
Description of the make of the secondary unit ANDERSON C
License plate of the secondary unit Z84HKA
License state of the secondary unit FL
Vehicle Identification Number of the secondary unit 4YNGN20265C036304
Unsafe Driving BASIC inspection Y
Hours-of-Service Compliance BASIC inspection Y
Driver Fitness BASIC inspection Y
Controlled Substances/Alcohol BASIC inspection Y
Vehicle Maintenance BASIC inspection Y
Total number of BASIC violations 3
Number of Unsafe Driving BASIC violations 0
Number of Hours-of-Service Compliance BASIC violations 0
Number of Driver Fitness BASIC violations 0
Number of Controlled Substances/Alcohol BASIC violations 0
Number of Vehicle Maintenance BASIC violations 3
Number of Hazardous Materials Compliance BASIC violations 0

Violations

The date of the inspection 2024-10-28
Code of the violation 39617CPI
Name of the BASIC Vehicle Maintenance
The violation is identified as Out-Of-Service violation N
The weight that is assigned to a violation if it's identified as an Out-Of-Service violation 0
The severity weight that is assigned to a violation 4
The time weight that is assigned to a violation 3
The description of a violation Operating a CMV without documentation of a periodic inspection
The description of the violation group Inspection Reports
The unit a violation is cited against Vehicle main unit
The date of the inspection 2024-10-28
Code of the violation 39395A1
Name of the BASIC Vehicle Maintenance
The violation is identified as Out-Of-Service violation N
The weight that is assigned to a violation if it's identified as an Out-Of-Service violation 0
The severity weight that is assigned to a violation 2
The time weight that is assigned to a violation 3
The description of a violation Emergency Equipment - Fire Extinguishers - no fire extinguisher present or not properly rated.
The description of the violation group Emergency Equipment
The unit a violation is cited against Vehicle main unit
The date of the inspection 2024-10-28
Code of the violation 39343DB
Name of the BASIC Vehicle Maintenance
The violation is identified as Out-Of-Service violation Y
The weight that is assigned to a violation if it's identified as an Out-Of-Service violation 2
The severity weight that is assigned to a violation 4
The time weight that is assigned to a violation 3
The description of a violation Brake - Missing or inoperable breakaway braking system on a trailer(s) or converter dolly
The description of the violation group Brakes All Others
The unit a violation is cited against Vehicle secondary unit

Date of last update: 01 Mar 2025

Sources: Florida Department of State