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MAGNETIC AIDS, INC.

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Company Details

Name: MAGNETIC AIDS, INC.
Jurisdiction: New York
Legal type: DOMESTIC BUSINESS CORPORATION
Status: Active
Date of registration: 05 Dec 1958 (67 years ago)
Entity Number: 115018
ZIP code: 12542
County: New York
Place of Formation: New York
Address: 1160 Route 9W, Marlboro, NY, United States, 12542

Shares Details

Shares issued 0

Share Par Value 10000

Type CAP

DOS Process Agent

Name Role Address
MAGNETIC AIDS, INC. DOS Process Agent 1160 Route 9W, Marlboro, NY, United States, 12542

Chief Executive Officer

Name Role Address
DANIEL FORMOSO Chief Executive Officer 1160 ROUTE 9W, MARLBORO, NY, United States, 12542

U.S. Small Business Administration Profile

Phone Number:
E-mail Address:
Fax Number:
845-863-1490
Contact Person:
DANIEL FORMOSO
Ownership and Self-Certifications:
Women-Owned Small Business, Woman Owned
User ID:
P0432889

Unique Entity ID

Unique Entity ID:
HK49QJE2CSJ3
CAGE Code:
16438
UEI Expiration Date:
2026-01-21

Business Information

Activation Date:
2025-01-23
Initial Registration Date:
2003-12-18

Commercial and government entity program

CAGE number:
16438
Status:
Active
Type:
U.S./Canada Manufacturer
CAGE Update Date:
2025-01-23
CAGE Expiration:
2030-01-23
SAM Expiration:
2026-01-21

Contact Information

POC:
THERESA FORMOSO
Corporate URL:
https://www.magneticaids.com

Form 5500 Series

Employer Identification Number (EIN):
135674084
Plan Year:
2020
Number Of Participants:
9
Sponsors Telephone Number:
Plan Year:
2019
Number Of Participants:
9
Sponsors Telephone Number:
Plan Year:
2018
Number Of Participants:
9
Sponsors Telephone Number:
Plan Year:
2017
Number Of Participants:
9
Sponsors Telephone Number:
Plan Year:
2016
Number Of Participants:
9
Sponsors Telephone Number:

History

Start date End date Type Value
2024-12-09 2024-12-13 Shares Share type: CAP, Number of shares: 0, Par value: 10000
2024-12-09 2024-12-16 Address 1160 ROUTE 9W, MARLBORO, NY, 12542, USA (Type of address: Chief Executive Officer)
2024-12-09 2024-12-16 Address 1160 Route 9W, Marlboro, NY, 12542, USA (Type of address: Service of Process)
2024-12-03 2024-12-09 Shares Share type: CAP, Number of shares: 0, Par value: 10000
1958-12-05 2024-12-03 Shares Share type: CAP, Number of shares: 0, Par value: 10000

Filings

Filing Number Date Filed Type Effective Date
241216000283 2024-12-13 CERTIFICATE OF AMENDMENT 2024-12-13
241209001525 2024-12-09 BIENNIAL STATEMENT 2024-12-09
B330040-2 1986-03-06 ASSUMED NAME CORP INITIAL FILING 1986-03-06
284218 1961-08-24 CERTIFICATE OF AMENDMENT 1961-08-24
134118 1958-12-05 CERTIFICATE OF INCORPORATION 1958-12-05

USAspending Awards / Contracts

Procurement Instrument Identifier:
HHSN272201000451P
Award Or Idv Flag:
AWARD
Award Type:
PURCHASE ORDER
Action Obligation:
3723.00
Base And Exercised Options Value:
3723.00
Base And All Options Value:
3723.00
Awarding Agency Name:
Department of Health and Human Services
Performance Start Date:
2010-04-01
Description:
TAS::75 0885::TAS MAGNETIC AIDS
Product Or Service Code:
7510: OFFICE SUPPLIES

USAspending Awards / Financial Assistance

Date:
2021-02-24
Awarding Agency Name:
Small Business Administration
Transaction Description:
TO AID SMALL BUSINESSES IN MAINTAINING WORK FORCE DURING COVID-19 PANDEMIC.
Obligated Amount:
0.00
Face Value Of Loan:
35592.00
Total Face Value Of Loan:
35592.00
Date:
2020-04-29
Awarding Agency Name:
Small Business Administration
Transaction Description:
ECONOMIC INJURY DISASTER GRANT
Obligated Amount:
4000.00
Face Value Of Loan:
0.00
Total Face Value Of Loan:
0.00

Paycheck Protection Program

Jobs Reported:
3
Initial Approval Amount:
$35,592
Date Approved:
2021-02-24
Loan Status:
Paid in Full
SBA Guaranty Percentage:
100
Current Approval Amount:
$35,592
Race:
Unanswered
Ethnicity:
Unknown/NotStated
Gender:
Unanswered
Veteran:
Unanswered
Forgiveness Amount:
$35,830.27
Servicing Lender:
TD Bank, National Association
Use of Proceeds:
Payroll: $35,590
Utilities: $1

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Date of last update: 18 Mar 2025

Sources: New York Secretary of State