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PLAYGROUND MUSIC CENTER, INC, - Florida Company Profile

Company Details

Entity Name: PLAYGROUND MUSIC CENTER, INC,
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

PLAYGROUND MUSIC CENTER, 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: Inactive

The business entity is inactive. This status may signal operational issues or voluntary closure, raising concerns about the business's ability to repay loans and requiring careful risk assessment by lenders.

Date Filed: 30 Jul 1971 (54 years ago)
Date of dissolution: 03 Jul 1974 (51 years ago)
Last Event: MERGER
Event Date Filed: 03 Jul 1974 (51 years ago)
Document Number: 386136
FEI/EIN Number 591358818

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

Address: 1903 OLIVE RD, PENSACOLA FLA, 32504
Mail Address: 1903 OLIVE RD, PENSACOLA FLA, 32504
ZIP code: 32504
County: Escambia
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
LEONARD,JAMES H President FORT WALTON BEAC, FL
EDWARDS,TONY Vice President PENSACOLA, FL
LEONARD,MARY C Secretary FORT WALTON BEAC, FL
LEONARD,RODNEY Director FORT WALTON BEAC, FL
EDWARDS,TAMARA Director PENSACOLA, FL
EDWARDS,TONY Agent 200 LANCING DR, PENSACOLA, FL, 32504

Events

Event Type Filed Date Value Description
MERGER 1974-07-03 - MERGING INTO: 235667

OSHA's Inspections within Industry

Inspection Nr Report ID Date Opened Site Address
100367473 0419700 1985-12-16 FT. WALTON SQUARE #23, FT. WALTON BEACH, FL, 32548
Inspection Type Complaint
Scope Complete
Safety/Health Health
Close Conference 1985-12-16
Case Closed 1985-12-16

Related Activity

Type Complaint
Activity Nr 70928098
Health Yes

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
2560717210 2020-04-16 0491 PPP 429 MARY ESTHER CUT OFF, FORT WALTON BEACH, FL, 32548
Loan Status Date 2021-05-06
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 246065
Loan Approval Amount (current) 246065
Undisbursed Amount 0
Franchise Name -
Lender Location ID 39232
Servicing Lender Name Hancock Whitney Bank
Servicing Lender Address 2510 14th St One Hancock Plz, GULFPORT, MS, 39501
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address FORT WALTON BEACH, OKALOOSA, FL, 32548-1600
Project Congressional District FL-01
Number of Employees 25
NAICS code 451140
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 39232
Originating Lender Name Hancock Whitney Bank
Originating Lender Address GULFPORT, MS
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 248525.65
Forgiveness Paid Date 2021-04-20

Date of last update: 02 Apr 2025

Sources: Florida Department of State