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PALMER ELECTRIC SERVICE, INC. - Florida Company Profile

Company Details

Entity Name: PALMER ELECTRIC SERVICE, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

PALMER ELECTRIC SERVICE, 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: 17 Sep 1979 (46 years ago)
Last Event: AMENDMENT
Event Date Filed: 22 Jan 1996 (29 years ago)
Document Number: 636354
FEI/EIN Number 591940110

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

Address: 415 WEST MAIN STREET, AVON PARK, FL, 33825, US
Mail Address: 415 WEST MAIN STREET, AVON PARK, FL, 33825, US
ZIP code: 33825
County: Highlands
Place of Formation: FLORIDA

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
PALMER ELECTRIC SERVICE, INC. 401(K) PROFIT SHARING PLAN 2023 591940110 2024-10-09 PALMER ELECTRIC SERVICE, INC. 16
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2015-01-01
Business code 238210
Sponsor’s telephone number 8634536688
Plan sponsor’s address 415 WEST MAIN STREET, AVON PARK, FL, 33825
PALMER ELECTRIC SERVICE, INC. 401(K) PROFIT SHARING PLAN 2022 591940110 2023-10-13 PALMER ELECTRIC SERVICE, INC. 18
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2015-01-01
Business code 238210
Sponsor’s telephone number 8634536688
Plan sponsor’s address 415 WEST MAIN STREET, AVON PARK, FL, 33825
PALMER ELECTRIC SERVICES, INC. 401(K) PROFIT SHARING PLAN 2021 591940110 2022-06-23 PALMER ELECTRIC SERVICE, INC. 19
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2015-01-01
Business code 238210
Sponsor’s telephone number 8634536688
Plan sponsor’s address 415 WEST MAIN STREET, AVON PARK, FL, 33825
PALMER ELECTRIC SERVICES, INC. 401(K) PROFIT SHARING PLAN 2020 591940110 2021-08-17 PALMER ELECTRIC SERVICE, INC. 17
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2015-01-01
Business code 238210
Sponsor’s telephone number 8634536688
Plan sponsor’s address 415 WEST MAIN STREET, AVON PARK, FL, 33825
PALMER ELECTRIC SERVICES, INC. 401(K) PROFIT SHARING PLAN 2019 591940110 2020-07-23 PALMER ELECTRIC SERVICE, INC. 17
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2015-01-01
Business code 238210
Sponsor’s telephone number 8634536688
Plan sponsor’s address 415 WEST MAIN STREET, AVON PARK, FL, 33825
PALMER ELECTRIC SERVICES, INC. 401(K) PROFIT SHARING PLAN 2018 591940110 2019-05-01 PALMER ELECTRIC SERVICE, INC. 15
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2015-01-01
Business code 238210
Sponsor’s telephone number 8634536688
Plan sponsor’s address 415 WEST MAIN STREET, AVON PARK, FL, 33825
PALMER ELECTRIC SERVICES, INC. 401(K) PROFIT SHARING PLAN 2017 591940110 2018-08-06 PALMER ELECTRIC SERVICE, INC. 17
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2015-01-01
Business code 238210
Sponsor’s telephone number 8634536688
Plan sponsor’s address 415 WEST MAIN STREET, AVON PARK, FL, 33825

Signature of

Role Plan administrator
Date 2018-08-06
Name of individual signing NANCY PALMER
Valid signature Filed with authorized/valid electronic signature
PALMER ELECTRIC SERVICES, INC. 401(K) PROFIT SHARING PLAN 2016 591940110 2017-07-27 PALMER ELECTRIC SERVICE, INC. 16
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2015-01-01
Business code 238210
Sponsor’s telephone number 8634536688
Plan sponsor’s address 415 WEST MAIN STREET, AVON PARK, FL, 33825

Signature of

Role Plan administrator
Date 2017-07-27
Name of individual signing NANCY PALMER
Valid signature Filed with authorized/valid electronic signature
PALMER ELECTRIC SERVICES, INC. 401(K) PROFIT SHARING PLAN 2015 591940110 2016-07-31 PALMER ELECTRIC SERVICE, INC. 16
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2015-01-01
Business code 238210
Sponsor’s telephone number 8634536688
Plan sponsor’s address 415 WEST MAIN STREET, AVON PARK, FL, 33825

Signature of

Role Plan administrator
Date 2016-07-31
Name of individual signing NANCY PALMER
Valid signature Filed with authorized/valid electronic signature

Key Officers & Management

Name Role Address
PALMER NANCY E President 1333 E. OAK RUN, AVON PARK, FL, 338257662
Palmer John P Vice President 1957 LAKE LOTELA DRIVE, AVON PARK, FL, 33825
PALMER NANCY E Agent 415 WEST MAIN STREET, AVON PARK, FL, 33825

Events

Event Type Filed Date Value Description
REGISTERED AGENT NAME CHANGED 2014-10-21 PALMER, NANCY E -
CHANGE OF PRINCIPAL ADDRESS 2004-01-19 415 WEST MAIN STREET, AVON PARK, FL 33825 -
CHANGE OF MAILING ADDRESS 2004-01-19 415 WEST MAIN STREET, AVON PARK, FL 33825 -
AMENDMENT 1996-01-22 - -

Documents

Name Date
ANNUAL REPORT 2025-01-14
ANNUAL REPORT 2024-01-31
ANNUAL REPORT 2023-02-08
ANNUAL REPORT 2022-01-15
ANNUAL REPORT 2021-01-12
ANNUAL REPORT 2020-01-16
ANNUAL REPORT 2019-01-17
ANNUAL REPORT 2018-01-17
ANNUAL REPORT 2017-01-05
ANNUAL REPORT 2016-02-11

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
8029727009 2020-04-08 0455 PPP 415 WEST MAIN ST, AVON PARK, FL, 33825-3625
Loan Status Date 2021-01-14
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 111357
Loan Approval Amount (current) 111357
Undisbursed Amount 0
Franchise Name Ace Hardware
Lender Location ID 124139
Servicing Lender Name Heartland National Bank
Servicing Lender Address 320 US Hwy 27 North, SEBRING, FL, 33870-2147
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address AVON PARK, HIGHLANDS, FL, 33825-3625
Project Congressional District FL-18
Number of Employees 15
NAICS code 444130
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 124139
Originating Lender Name Heartland National Bank
Originating Lender Address SEBRING, FL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 112090.1
Forgiveness Paid Date 2020-12-09

Date of last update: 02 May 2025

Sources: Florida Department of State