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  5. PROGRESSIVE INDUSTRIAL, INC.

PROGRESSIVE INDUSTRIAL, INC. - Florida Company Profile

Company Details

Entity Name: PROGRESSIVE INDUSTRIAL, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

PROGRESSIVE INDUSTRIAL, 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: 15 Sep 1997 (28 years ago)
Document Number: P97000079669
FEI/EIN Number 650781662

Federal Employer Identification (FEI) Number assigned by the IRS.
Address: 1412 18TH AVE DR EAST, PALMETTO, FL, 34221
Mail Address: 1412 18TH AVE DR EAST, PALMETTO, FL, 34221
ZIP code: 34221
County: Manatee
Place of Formation: FLORIDA

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
PROGRESSIVE INDUSTRIAL, INC. RETIREMENT PLAN 2023 650781662 2024-09-09 PROGRESSIVE INDUSTRIAL INC. 12
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2001-01-01
Business code 336610
Sponsor’s telephone number 9417230201
Plan sponsor’s address 1412 18TH AVENUE DRIVE EAST, PALMETTO, FL, 34221

Signature of
Role Plan administrator
Date 2024-09-09
Name of individual signing MICHAEL MCCORMICK
Valid signature Filed with authorized/valid electronic signature
PROGRESSIVE INDUSTRIAL, INC. RETIREMENT PLAN 2022 650781662 2023-07-11 PROGRESSIVE INDUSTRIAL INC. 12
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2001-01-01
Business code 336610
Sponsor’s telephone number 9417230201
Plan sponsor’s address 1412 18TH AVENUE DRIVE EAST, PALMETTO, FL, 34221

Signature of
Role Plan administrator
Date 2023-07-11
Name of individual signing MICHAEL MCCORMICK
Valid signature Filed with authorized/valid electronic signature
PROGRESSIVE INDUSTRIAL, INC. RETIREMENT PLAN 2021 650781662 2022-08-16 PROGRESSIVE INDUSTRIAL, INC. 12
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2001-01-01
Business code 336610
Sponsor’s telephone number 9417230201
Plan sponsor’s address 1412 18TH AVENUE DRIVE EAST, PALMETTO, FL, 34221

Signature of
Role Plan administrator
Date 2022-08-16
Name of individual signing MICHAEL MCCORMICK
Valid signature Filed with authorized/valid electronic signature
PROGRESSIVE INDUSTRIAL, INC. RETIREMENT PLAN 2020 650781662 2021-10-05 PROGRESSIVE INDUSTRIAL, INC. 11
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2001-01-01
Business code 336610
Sponsor’s telephone number 9417230201
Plan sponsor’s address 1412 18TH AVENUE DRIVE EAST, PALMETTO, FL, 34221

Signature of
Role Plan administrator
Date 2021-10-05
Name of individual signing MICHAEL MCCORMICK
Valid signature Filed with authorized/valid electronic signature
PROGRESSIVE INDUSTRIAL, INC. RETIREMENT PLAN 2019 650781662 2020-10-12 PROGRESSIVE INDUSTRIAL, INC. 11
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2001-01-01
Business code 336610
Sponsor’s telephone number 9417230201
Plan sponsor’s address 1412 18TH AVENUE DRIVE EAST, PALMETTO, FL, 34221
PROGRESSIVE INDUSTRIAL, INC. RETIREMENT PLAN 2018 650781662 2019-10-13 PROGRESSIVE INDUSTRIAL, INC. 7
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2001-01-01
Business code 336610
Sponsor’s telephone number 9417230201
Plan sponsor’s address 1412 18TH AVENUE DRIVE EAST, PALMETTO, FL, 34221

Signature of
Role Plan administrator
Date 2019-10-13
Name of individual signing MICHAEL MCCORMICK
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2019-10-13
Name of individual signing MICHAEL MCCORMICK
Valid signature Filed with authorized/valid electronic signature
PROGRESSIVE INDUSTRIAL, INC. RETIREMENT PLAN 2017 650781662 2018-10-11 PROGRESSIVE INDUSTRIAL, INC. 7
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2001-01-01
Business code 336610
Sponsor’s telephone number 9417230201
Plan sponsor’s address 1412 18TH AVENUE DRIVE EAST, PALMETTO, FL, 34221

Signature of
Role Plan administrator
Date 2018-10-11
Name of individual signing MICHAEL MCCORMICK
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2018-10-11
Name of individual signing MICHAEL MCCORMICK
Valid signature Filed with authorized/valid electronic signature
PROGRESSIVE INDUSTRIAL, INC. RETIREMENT PLAN 2016 650781662 2017-09-28 PROGRESSIVE INDUSTRIAL, INC. 8
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2001-01-01
Business code 336610
Sponsor’s telephone number 9417230201
Plan sponsor’s address 1412 18TH AVENUE DRIVE EAST, PALMETTO, FL, 34221

Signature of
Role Plan administrator
Date 2017-09-28
Name of individual signing MICHAEL MCCORMICK
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2017-09-28
Name of individual signing MICHAEL MCCORMICK
Valid signature Filed with authorized/valid electronic signature
PROGRESSIVE INDUSTRIAL, INC. RETIREMENT PLAN 2015 650781662 2016-08-16 PROGRESSIVE INDUSTRIAL, INC. 9
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2001-01-01
Business code 336610
Sponsor’s telephone number 9417230201
Plan sponsor’s address 1412 18TH AVENUE DRIVE EAST, PALMETTO, FL, 34221

Signature of
Role Plan administrator
Date 2016-08-16
Name of individual signing MICHAEL MCCORMICK
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2016-08-16
Name of individual signing MICHAEL MCCORMICK
Valid signature Filed with authorized/valid electronic signature
PROGRESSIVE INDUSTRIAL, INC. RETIREMENT PLAN 2014 650781662 2015-09-18 PROGRESSIVE INDUSTRIAL, INC. 11
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2001-01-01
Business code 336610
Sponsor’s telephone number 9417230201
Plan sponsor’s address 1412 18TH AVENUE DRIVE EAST, PALMETTO, FL, 34221

Signature of
Role Plan administrator
Date 2015-09-18
Name of individual signing MICHAEL MCCORMICK
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2015-09-18
Name of individual signing MICHAEL MCCORMICK
Valid signature Filed with authorized/valid electronic signature

Key Officers & Management

Name Role Address
MCCORMICK MICHAEL Director 8848 17th Avenue Circle NW, Bradenton, FL, 34209
DEGULIS BRIAN Director 13308 Balm Gardens Lane, Wimauma, FL, 33598
MCCORMICK MICHAEL Agent 1412 18TH AVE DR EAST, PALMETTO, FL, 34221

Documents

Name Date
ANNUAL REPORT 2025-01-09
ANNUAL REPORT 2024-01-31
ANNUAL REPORT 2023-01-31
ANNUAL REPORT 2022-01-26
ANNUAL REPORT 2021-02-01
ANNUAL REPORT 2020-01-17
ANNUAL REPORT 2019-02-13
ANNUAL REPORT 2018-03-12
ANNUAL REPORT 2017-01-10
ANNUAL REPORT 2016-01-22

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
8782027708 2020-05-01 0455 PPP 1412 18TH AVENUE DR E, PALMETTO, FL, 34221-6500
Loan Status Date 2021-11-19
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 110770
Loan Approval Amount (current) 110770
Undisbursed Amount 0
Franchise Name -
Lender Location ID 456756
Servicing Lender Name Cross River Bank
Servicing Lender Address 885 Teaneck Rd, TEANECK, NJ, 07666-4546
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address PALMETTO, MANATEE, FL, 34221-6500
Project Congressional District FL-16
Number of Employees 11
NAICS code 336611
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 456756
Originating Lender Name Cross River Bank
Originating Lender Address TEANECK, NJ
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 112369.34
Forgiveness Paid Date 2021-10-18
1411938705 2021-03-27 0455 PPS 1412 18th Avenue Dr E, Palmetto, FL, 34221-6500
Loan Status Date 2022-10-15
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 110000
Loan Approval Amount (current) 110000
Undisbursed Amount 0
Franchise Name -
Lender Location ID 456756
Servicing Lender Name Cross River Bank
Servicing Lender Address 885 Teaneck Rd, TEANECK, NJ, 07666-4546
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Palmetto, MANATEE, FL, 34221-6500
Project Congressional District FL-16
Number of Employees 12
NAICS code 713930
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 456756
Originating Lender Name Cross River Bank
Originating Lender Address TEANECK, NJ
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 111603.29
Forgiveness Paid Date 2022-09-14

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Date of last update: 03 May 2025

Sources: Florida Department of State

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