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POWER PLUS MARINE, INC. - Florida Company Profile

Company Details

Entity Name: POWER PLUS MARINE, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

POWER PLUS MARINE, 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: 20 Feb 1984 (41 years ago)
Last Event: REINSTATEMENT
Event Date Filed: 17 Dec 2012 (12 years ago)
Document Number: G85530
FEI/EIN Number 592391329

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

Address: 510 BUNKER RD, WEST PALM BEACH, FL, 33405, US
Mail Address: 510 BUNKER RD, WEST PALM BEACH, FL, 33405, US
ZIP code: 33405
County: Palm Beach
Place of Formation: FLORIDA

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
POWER PLUS MARINE, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2023 592391329 2024-06-17 POWER PLUS MARINE, INC. 4
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2006-01-01
Business code 441222
Sponsor’s telephone number 5615887088
Plan sponsor’s address 510 BUNKER RD, WEST PALM BEACH, FL, 33405

Signature of

Role Plan administrator
Date 2024-06-17
Name of individual signing JENNIFER SCHMITT
Valid signature Filed with authorized/valid electronic signature
POWER PLUS MARINE, INC. 401(K) PROFIT SHARING PLAN AND TRUST 2022 592391329 2023-07-26 POWER PLUS MARINE, INC. 4
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2006-01-01
Business code 441222
Sponsor’s telephone number 5615887088
Plan sponsor’s address 510 BUNKER RD, WEST PALM BEACH, FL, 33405

Signature of

Role Plan administrator
Date 2023-07-26
Name of individual signing JENNIFER SCHMITT
Valid signature Filed with authorized/valid electronic signature
POWER PLUS MARINE INC 401(K) PROFIT SHARING PLAN & TRUST 2021 592391329 2022-05-31 POWER PLUS MARINE INC 7
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2006-01-01
Business code 441222
Sponsor’s telephone number 5615867088
Plan sponsor’s address 510 BUNKER RD, WEST PALM BEACH, FL, 334053604

Signature of

Role Plan administrator
Date 2022-05-31
Name of individual signing SAUNDRA SCHMITT
Valid signature Filed with authorized/valid electronic signature
POWER PLUS MARINE INC 401(K) PROFIT SHARING PLAN & TRUST 2019 592391329 2020-05-08 POWER PLUS MARINE INC 6
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2006-01-01
Business code 441222
Sponsor’s telephone number 5615867088
Plan sponsor’s address 510 BUNKER RD, WEST PALM BEACH, FL, 334053604

Signature of

Role Plan administrator
Date 2020-05-08
Name of individual signing SAUNDRA SCHMITT
Valid signature Filed with authorized/valid electronic signature
POWER PLUS MARINE INC 401 K PROFIT SHARING PLAN TRUST 2018 592391329 2019-04-01 POWER PLUS MARINE INC 4
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2006-01-01
Business code 441222
Sponsor’s telephone number 5615867088
Plan sponsor’s address 510 BUNKER RD, WEST PALM BEACH, FL, 334053604

Signature of

Role Plan administrator
Date 2019-04-01
Name of individual signing SAUNDRA SCHMITT
Valid signature Filed with authorized/valid electronic signature
POWER PLUS MARINE INC 401 K PROFIT SHARING PLAN TRUST 2017 592391329 2018-07-19 POWER PLUS MARINE INC 4
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2006-01-01
Business code 441222
Sponsor’s telephone number 5615867088
Plan sponsor’s address 510 BUNKER RD, WEST PALM BEACH, FL, 334053604

Signature of

Role Plan administrator
Date 2018-07-19
Name of individual signing SAUNDRA SCHMITT
Valid signature Filed with authorized/valid electronic signature
POWER PLUS MARINE INC 401 K PROFIT SHARING PLAN TRUST 2016 592391329 2017-07-21 POWER PLUS MARINE INC 5
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2006-01-01
Business code 441222
Sponsor’s telephone number 5615867088
Plan sponsor’s address 510 BUNKER RD, WEST PALM BEACH, FL, 334053604

Signature of

Role Plan administrator
Date 2017-07-21
Name of individual signing SAUNDRA SCHMITT
Valid signature Filed with authorized/valid electronic signature
POWER PLUS MARINE INC 401 K PROFIT SHARING PLAN TRUST 2015 592391329 2016-05-18 POWER PLUS MARINE INC 4
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2006-01-01
Business code 441222
Sponsor’s telephone number 5615867088
Plan sponsor’s address 510 BUNKER RD, WEST PALM BEACH, FL, 334053604

Signature of

Role Plan administrator
Date 2016-05-18
Name of individual signing SAUNDRA SCHMITT
Valid signature Filed with authorized/valid electronic signature
POWER PLUS MARINE INC 401 K PROFIT SHARING PLAN TRUST 2014 592391329 2015-06-29 POWER PLUS MARINE INC 4
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2006-01-01
Business code 441222
Sponsor’s telephone number 5615867088
Plan sponsor’s address 510 BUNKER RD, WEST PALM BEACH, FL, 334053604

Signature of

Role Plan administrator
Date 2015-06-29
Name of individual signing SAUNDRA SCHMITT
Valid signature Filed with authorized/valid electronic signature
POWER PLUS MARINE INC 401 K PROFIT SHARING PLAN TRUST 2013 592391329 2014-06-13 POWER PLUS MARINE INC 5
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2006-01-01
Business code 441222
Sponsor’s telephone number 5615867088
Plan sponsor’s address 510 BUNKER RD, WEST PALM BEACH, FL, 334053604

Signature of

Role Plan administrator
Date 2014-06-13
Name of individual signing SAUNDRA SCHMITT
Valid signature Filed with authorized/valid electronic signature

Key Officers & Management

Name Role Address
SCHMITT, WILLIAM P. President 510 BUNKER RD., WEST PALM BEACH, FL, 33405
SCHMITT, SAUNDRA L Secretary 510 BUNKER RD, WEST PALM BEACH, FL, 33405
SCHMITT, SAUNDRA L Director 510 BUNKER RD, WEST PALM BEACH, FL, 33405
SCHMITT, SAUNDRA Agent 510 BUNKER RD., WEST PALM BEACH, FL, 33405
SCHMITT, WILLIAM P. Director 510 BUNKER RD., WEST PALM BEACH, FL, 33405

Events

Event Type Filed Date Value Description
REINSTATEMENT 2012-12-17 - -
ADMIN DISSOLUTION FOR ANNUAL REPORT 2012-09-28 - -
REGISTERED AGENT NAME CHANGED 2006-04-18 SCHMITT, SAUNDRA -
REGISTERED AGENT ADDRESS CHANGED 2003-04-25 510 BUNKER RD., WEST PALM BEACH, FL 33405 -
CHANGE OF PRINCIPAL ADDRESS 2000-05-09 510 BUNKER RD, WEST PALM BEACH, FL 33405 -
CHANGE OF MAILING ADDRESS 2000-05-09 510 BUNKER RD, WEST PALM BEACH, FL 33405 -

Debts

Document Number Status Case Number Name of Court Date of Entry Expiration Date Amount Due Plaintiff
J07000138829 TERMINATED 1000000048709 21667 00867 2007-04-26 2027-05-09 $ 5,076.55 STATE OF FLORIDA, DEPARTMENT OF REVENUE, WEST PALM BEACH SERVICE CENTER, 2468 METROCENTRE BLVD, WEST PALM BEACH FL334073105

Documents

Name Date
ANNUAL REPORT 2024-02-05
ANNUAL REPORT 2023-02-16
ANNUAL REPORT 2022-01-31
ANNUAL REPORT 2021-03-15
ANNUAL REPORT 2020-01-21
ANNUAL REPORT 2019-04-03
ANNUAL REPORT 2018-03-21
ANNUAL REPORT 2017-02-10
ANNUAL REPORT 2016-03-28
ANNUAL REPORT 2015-02-23

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
6850397707 2020-05-01 0455 PPP 510 BUNKER RD, WEST PALM BEACH, FL, 33405-3604
Loan Status Date 2021-11-11
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 31400
Loan Approval Amount (current) 31400
Undisbursed Amount 0
Franchise Name -
Lender Location ID 44449
Servicing Lender Name PNC Bank, National Association
Servicing Lender Address 222 Delaware Ave, WILMINGTON, DE, 19801-1621
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Unanswered
Project Address WEST PALM BEACH, PALM BEACH, FL, 33405-3604
Project Congressional District FL-22
Number of Employees 4
NAICS code 811310
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 44449
Originating Lender Name PNC Bank, National Association
Originating Lender Address WILMINGTON, DE
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 31844.83
Forgiveness Paid Date 2021-09-29

Date of last update: 01 Apr 2025

Sources: Florida Department of State