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PRECISION TURNING CORPORATION - Florida Company Profile

Company Details

Entity Name: PRECISION TURNING CORPORATION
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

PRECISION TURNING CORPORATION 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: 28 Mar 1996 (29 years ago)
Document Number: P96000029140
FEI/EIN Number 593371278

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

Address: 715 GOLD KIST BLVD SW, LIVE OAK, FL, 32064, US
Mail Address: 715 GOLD KIST BLVD SW, LIVE OAK, FL, 32064, US
ZIP code: 32064
County: Suwannee
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
SWANN CHARLES L Director 715 GOLD KIST BLVD SW, LIVE OAK, FL, 32064
SWANN CINDY W Director 715 GOLD KIST BLVD. SW, LIVE OAK, FL, 32064
Newman Chelsea S Director 715 Gold Kist Blvd. SW, Live Oak, FL, 32064
Swann Blake C Director 715 Gold Kist Blvd. SW, Live Oak, FL, 32064
SWANN CHARLES L Agent 715 GOLD KIST BLVD SW, LIVE OAK, FL, 32064

Events

Event Type Filed Date Value Description
CHANGE OF PRINCIPAL ADDRESS 2002-05-02 715 GOLD KIST BLVD SW, LIVE OAK, FL 32064 -
CHANGE OF MAILING ADDRESS 2002-05-02 715 GOLD KIST BLVD SW, LIVE OAK, FL 32064 -
REGISTERED AGENT ADDRESS CHANGED 2002-05-02 715 GOLD KIST BLVD SW, LIVE OAK, FL 32064 -

Documents

Name Date
ANNUAL REPORT 2024-03-15
ANNUAL REPORT 2023-03-23
ANNUAL REPORT 2022-03-30
ANNUAL REPORT 2021-04-27
ANNUAL REPORT 2020-03-18
ANNUAL REPORT 2019-04-16
ANNUAL REPORT 2018-04-03
ANNUAL REPORT 2017-04-12
ANNUAL REPORT 2016-03-31
ANNUAL REPORT 2015-02-09

OSHA's Inspections within Industry

Inspection Nr Report ID Date Opened Site Address
347128258 0419700 2023-11-28 715 GOLDKIST BOULEVARD, LIVE OAK, FL, 32064
Inspection Type Planned
Scope Partial
Safety/Health Safety
Close Conference 2023-11-28
Emphasis N: AMPUTATE, P: AMPUTATE
Case Closed 2024-06-13

Violation Items

Citation ID 01001
Citaton Type Serious
Standard Cited 19100215 B09
Issuance Date 2024-02-16
Current Penalty 1410.0
Initial Penalty 2350.0
Final Order 2024-02-27
Nr Instances 1
Nr Exposed 20
Gravity 1
FTA Current Penalty 0.0
Citation text line 29 CFR 1910.215(b)(9): The distance between the abrasive wheel periphery(s) and the adjustable tongue or the end of the safety guard peripheral member at the top exceeded one fourth inch: a. On or about November 28, 2023, in the Machine Shop area of the facility, the employer exposed employees to struck by hazards, in that employees were required to operate a Bench Grinder that did not have the tongue guard in place and adjusted to one fourth inch from the grinding wheel.

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
9948207110 2020-04-15 0491 PPP 715 Gold Kist Blvd SW, LIVE OAK, FL, 32064
Loan Status Date 2021-11-02
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 233600
Loan Approval Amount (current) 233600
Undisbursed Amount 0
Franchise Name -
Lender Location ID 17262
Servicing Lender Name Lafayette State Bank
Servicing Lender Address 340 W Main St, MAYO, FL, 32066-4166
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address LIVE OAK, SUWANNEE, FL, 32064-0001
Project Congressional District FL-03
Number of Employees 21
NAICS code 332721
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 17262
Originating Lender Name Lafayette State Bank
Originating Lender Address MAYO, FL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 235261.16
Forgiveness Paid Date 2020-12-30

U.S. Small Business Administration Profile

Status User ID Name of Firm Trade Name UEI Address
Active P2626341 PRECISION TURNING CORPORATION PRECISION TURNING CORP MVW2S2YU67L3 715 GOLDKIST BLVD SW, LIVE OAK, FL, 32064-4995
Capabilities Statement Link -
Phone Number 386-364-5788
Fax Number -
E-mail Address cnewman@pturning.com
WWW Page -
E-Commerce Website -
Contact Person CHELSEA NEWMAN
County Code (3 digit) 121
Congressional District 03
Metropolitan Statistical Area -
CAGE Code 923J9
Year Established 1996
Accepts Government Credit Card No
Legal Structure Subchapter S Corporation
Ownership and Self-Certifications -
Business Development Servicing Office NORTH FLORIDA DISTRICT OFFICE (SBA office code 0491)
Capabilities Narrative (none given)
Special Equipment/Materials (none given)
Business Type Percentages (none given)
Keywords (none given)
Quality Assurance Standards (none given)
Electronic Data Interchange capable -

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 (none given)
Description Construction Bonding Level (aggregate)
Level (none given)
Description Service Bonding Level (per contract)
Level (none given)
Description Service Bonding Level (aggregate)
Level (none given)

NAICS Codes with Size Determinations by NAICS

Primary Yes
Code 332710
NAICS Code's Description Machine Shops
Buy Green Yes
Code 332721
NAICS Code's Description Precision Turned Product Manufacturing
Buy Green Yes

Export Profile (Trade Mission Online)

Exporter Firm hasn't answered this question yet
Export Business Activities (none given)
Exporting to (none given)
Desired Export Business Relationships (none given)
Description of Export Objective(s) (none given)

Date of last update: 01 Apr 2025

Sources: Florida Department of State