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PRECISION BALANCE, INC. - Florida Company Profile

Company Details

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

PRECISION 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: 29 Oct 1996 (28 years ago)
Document Number: P96000089622
FEI/EIN Number 593408046

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

Address: 1116 SEMINARY STREET, Key West, FL, 32835, US
Mail Address: 8815 CONROY-WINDERMERE RD #319, ORLANDO, FL, 32835, US
ZIP code: 32835
County: Orange
Place of Formation: FLORIDA

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
PRECISION BALANCE, INC. 401(K) PLAN 2023 593408046 2024-08-16 PRECISION BALANCE, INC. 7
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2017-10-01
Business code 238220
Sponsor’s telephone number 4078764338
Plan sponsor’s address 8815 CONROY WINDERMERE RD. #319, ORLANDO, FL, 32835
PRECISION BALANCE, INC. 401(K) PLAN 2022 593408046 2023-07-18 PRECISION BALANCE, INC. 6
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2017-10-01
Business code 238220
Sponsor’s telephone number 4078764338
Plan sponsor’s address 8815 CONROY WINDERMERE RD. #319, ORLANDO, FL, 32835
PRECISION BALANCE, INC. 401(K) PLAN 2021 593408046 2022-04-20 PRECISION BALANCE, INC. 8
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2017-10-01
Business code 238220
Sponsor’s telephone number 4078764338
Plan sponsor’s address 8815 CONROY WINDERMERE RD. #319, ORLANDO, FL, 32835
PRECISION BALANCE, INC. 401(K) PLAN 2020 593408046 2021-05-19 PRECISION BALANCE, INC. 7
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2017-10-01
Business code 238220
Sponsor’s telephone number 4078764338
Plan sponsor’s address 8815 CONROY WINDERMERE RD. #319, ORLANDO, FL, 32835
PRECISION BALANCE, INC. 401(K) PLAN 2019 593408046 2020-04-07 PRECISION BALANCE, INC. 6
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2017-10-01
Business code 238220
Sponsor’s telephone number 4078764338
Plan sponsor’s address 8815 CONROY WINDERMERE RD. #319, ORLANDO, FL, 32835
PRECISION BALANCE, INC. 401(K) PLAN 2018 593408046 2019-07-31 PRECISION BALANCE, INC. 5
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2017-10-01
Business code 238220
Sponsor’s telephone number 4078764338
Plan sponsor’s address 8815 CONROY WINDERMERE RD. #319, ORLANDO, FL, 32835
PRECISION BALANCE, INC. 401(K) PLAN 2017 593408046 2018-05-16 PRECISION BALANCE, INC. 6
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2017-10-01
Business code 238220
Sponsor’s telephone number 4078764338
Plan sponsor’s address 8815 CONROY WINDERMERE RD. #319, ORLANDO, FL, 32835

Key Officers & Management

Name Role Address
MALONEY MICHAEL J President 1116 SEMINARY STREET, KEY WEST, FL, 33040
Maloney Therese A Treasurer 129 Cunningham Lane, Big Pine Key, FL, 33043
MALONEY Therese A Agent 8815 Conroy-Windermere Rd #319, Orlando, FL, 32835

Events

Event Type Filed Date Value Description
CHANGE OF PRINCIPAL ADDRESS 2025-01-15 201 Coppitt Road #204A, Key West, FL 33040 -
REGISTERED AGENT NAME CHANGED 2023-01-23 MALONEY, Therese A -
REGISTERED AGENT ADDRESS CHANGED 2018-02-19 8815 Conroy-Windermere Rd #319, Orlando, FL 32835 -
CHANGE OF MAILING ADDRESS 2009-02-18 201 Coppitt Road #204A, Key West, FL 33040 -

Documents

Name Date
ANNUAL REPORT 2025-01-15
ANNUAL REPORT 2024-02-05
ANNUAL REPORT 2023-01-23
ANNUAL REPORT 2022-01-27
ANNUAL REPORT 2021-01-18
ANNUAL REPORT 2020-02-10
ANNUAL REPORT 2019-02-08
ANNUAL REPORT 2018-02-19
ANNUAL REPORT 2017-04-19
ANNUAL REPORT 2016-02-04

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
3798107100 2020-04-12 0491 PPP 8815 CONROY WINDERMERE RD 319, ORLANDO, FL, 32835-3129
Loan Status Date 2021-01-21
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 90400
Loan Approval Amount (current) 90400
Undisbursed Amount 0
Franchise Name -
Lender Location ID 225134
Servicing Lender Name Truist Bank
Servicing Lender Address 214 N Tryon St, CHARLOTTE, NC, 28202-1078
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address ORLANDO, ORANGE, FL, 32835-3129
Project Congressional District FL-10
Number of Employees 10
NAICS code 238220
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 225134
Originating Lender Name Truist Bank
Originating Lender Address CHARLOTTE, NC
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 91000.16
Forgiveness Paid Date 2020-12-16

U.S. Small Business Administration Profile

Status User ID Name of Firm Trade Name UEI Address
Active P1532279 PRECISION BALANCE, INC. PRECISION BALANCE INC FJ6HKWLLEFB8 1116 SEMINARY ST, KEY WEST, FL, 33040-4804
Capabilities Statement Link -
Phone Number 407-876-4112
Fax Number 407-876-4338
E-mail Address mmaloney@precisionbalanceinc.com
WWW Page precisionbalanceinc.com
E-Commerce Website http://precisionbalanceinc.com
Contact Person MICHAEL MALONEY
County Code (3 digit) 087
Congressional District 28
Metropolitan Statistical Area -
CAGE Code 6EMC0
Year Established 1996
Accepts Government Credit Card No
Legal Structure Subchapter S Corporation
Ownership and Self-Certifications -
Business Development Servicing Office SOUTH FLORIDA DISTRICT OFFICE (SBA office code 0455)
Capabilities Narrative Commissioning, Testing, Adjusting & Balancing of HVAC Systems, domestic water & electrical lighting controls in accordance with LEED requirements.
Special Equipment/Materials (none given)
Business Type Percentages Construction (100 %)
Keywords CxA, TAB
Quality Assurance Standards (none given)
Electronic Data Interchange capable -

Current Principals

Name Michael J Maloney
Role President

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 $800,000
Description Construction Bonding Level (aggregate)
Level $1,200,000
Description Service Bonding Level (per contract)
Level $800,000
Description Service Bonding Level (aggregate)
Level $1,200,000

NAICS Codes with Size Determinations by NAICS

Primary Yes
Code 238220
NAICS Code's Description Plumbing, Heating, and Air?Conditioning Contractors
Buy Green Yes
Code 238990
NAICS Code's Description All Other Specialty Trade ContractorsGeneral $16.50m Small Business Size Standard: [Yes]Special $16.50m Building and Property Specialty Trade Services: [Yes]
Buy Green Yes

Export Profile (Trade Mission Online)

Exporter No
Export Business Activities (none given)
Exporting to (none given)
Desired Export Business Relationships (none given)
Description of Export Objective(s) (none given)

Performance History (References)

Name Archer Western Contractors
Contract 209051
Start 2010-05-17
End 2011-05-31
Value 350,000.
Contact Marquez Cadet
Phone 302-462-6827
Name Sauer Inc.
Contract 01-1495-002N
Start 2010-06-01
End 2011-11-15
Value 397,735.
Contact Andrew Nelson
Phone 706-682-0821
Name Caddell Construction
Contract 90930
Start 2010-01-18
End 2011-06-01
Value 175,000.
Contact Jeremy Clegg
Phone 803-666-2480

Date of last update: 01 Apr 2025

Sources: Florida Department of State