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PALMETTO ELECTRIC, INC. - Florida Company Profile

Company Details

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

PALMETTO ELECTRIC, 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: 27 Dec 1984 (40 years ago)
Document Number: H35650
FEI/EIN Number 592482884

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

Address: 1150 WEST MOODY BLVD., UNIT 101, BUNNELL, FL, 32110, US
Mail Address: 1150 WEST MOODY BLVD., UNIT 101, Bunnell, FL, 32110, US
ZIP code: 32110
County: Flagler
Place of Formation: FLORIDA

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
PALMETTO ELECTRIC, INC. 401(K) PLAN 2023 592482884 2024-09-09 PALMETTO ELECTRIC, INC. 25
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2012-01-01
Business code 238210
Sponsor’s telephone number 3864373068
Plan sponsor’s address 1150 WEST MOODY BLVD / UNIT 101, BUNNELL, FL, 321100978
PALMETTO ELECTRIC, INC. 401(K) PLAN 2022 592482884 2023-09-21 PALMETTO ELECTRIC, INC. 27
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2012-01-01
Business code 238210
Sponsor’s telephone number 3864373068
Plan sponsor’s address 1150 WEST MOODY BLVD / UNIT 101, BUNNELL, FL, 321100978
PALMETTO ELECTRIC, INC. 401(K) PLAN 2021 592482884 2022-07-29 PALMETTO ELECTRIC, INC. 27
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2012-01-01
Business code 238210
Sponsor’s telephone number 3864373068
Plan sponsor’s address 1150 WEST MOODY BLVD / UNIT 101, BUNNELL, FL, 321100978
PALMETTO ELECTRIC, INC. 401(K) PLAN 2020 592482884 2021-10-13 PALMETTO ELECTRIC, INC. 24
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2012-01-01
Business code 238210
Sponsor’s telephone number 3864373068
Plan sponsor’s address 1150 WEST MOODY BLVD / UNIT 101, BUNNELL, FL, 321100978
PALMETTO ELECTRIC, INC. 401(K) PLAN 2019 592482884 2020-10-05 PALMETTO ELECTRIC, INC. 26
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2012-01-01
Business code 238210
Sponsor’s telephone number 3864373068
Plan sponsor’s address 1150 WEST MOODY BLVD / UNIT 101, BUNNELL, FL, 321100978
PALMETTO ELECTRIC, INC. 401(K) PLAN 2018 592482884 2019-07-30 PALMETTO ELECTRIC, INC. 6
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2012-01-01
Business code 238210
Sponsor’s telephone number 3864373068
Plan sponsor’s address 1150 WEST MOODY BLVD / UNIT 101, BUNNELL, FL, 321100978
PALMETTO ELECTRIC, INC. 401(K) PLAN 2017 592482884 2018-07-31 PALMETTO ELECTRIC, INC. 5
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2012-01-01
Business code 238210
Sponsor’s telephone number 3864373068
Plan sponsor’s address 1150 WEST MOODY BLVD / UNIT 101, BUNNELL, FL, 321100978
PALMETTO ELECTRIC, INC. 401(K) PLAN 2016 592482884 2017-07-14 PALMETTO ELECTRIC, INC. 5
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2012-01-01
Business code 238210
Sponsor’s telephone number 3864373068
Plan sponsor’s address 1150 WEST MOODY BLVD / UNIT 101, BUNNELL, FL, 321100978
PALMETTO ELECTRIC, INC. 401(K) PLAN 2015 592482884 2016-07-27 PALMETTO ELECTRIC, INC. 3
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2012-01-01
Business code 238210
Sponsor’s telephone number 3864373068
Plan sponsor’s address 1150 WEST MOODY BLVD / UNIT 101, BUNNELL, FL, 321100978
PALMETTO ELECTRIC, INC. 401(K) PLAN 2014 592482884 2015-10-09 PALMETTO ELECTRIC, INC. 4
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2012-01-01
Business code 238210
Sponsor’s telephone number 3864373068
Plan sponsor’s address 1150 WEST MOODY BLVD / UNIT 101, BUNNELL, FL, 321100978

Signature of

Role Plan administrator
Date 2015-10-09
Name of individual signing FRANK DUDLEY
Valid signature Filed with authorized/valid electronic signature

Key Officers & Management

Name Role Address
DUDLEY KARINA Secretary 1150 W. MOODY BLVD. UNIT 101, BUNNELL, FL, 32110
DUDLEY KARINA Treasurer 1150 W. MOODY BLVD. UNIT 101, BUNNELL, FL, 32110
DUDLEY FRANK J President 1150 W. MOODY BLVD. UNIT 101, BUNNELL, FL, 32110
Conner Bosch Law, PA Agent 4488 N Ocean Shore Blvd, PALM COAST, FL, 32137

Events

Event Type Filed Date Value Description
CHANGE OF PRINCIPAL ADDRESS 2022-03-23 1150 WEST MOODY BLVD., UNIT 101, BUNNELL, FL 32110 -
CHANGE OF MAILING ADDRESS 2022-03-23 1150 WEST MOODY BLVD., UNIT 101, BUNNELL, FL 32110 -
REGISTERED AGENT NAME CHANGED 2015-03-31 Conner Bosch Law, PA -
REGISTERED AGENT ADDRESS CHANGED 2015-03-31 4488 N Ocean Shore Blvd, PALM COAST, FL 32137 -

Documents

Name Date
ANNUAL REPORT 2024-03-06
ANNUAL REPORT 2023-02-09
ANNUAL REPORT 2022-03-23
ANNUAL REPORT 2021-03-07
ANNUAL REPORT 2020-03-25
ANNUAL REPORT 2019-04-10
ANNUAL REPORT 2018-03-06
ANNUAL REPORT 2017-02-20
ANNUAL REPORT 2016-04-04
ANNUAL REPORT 2015-03-31

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
4989557310 2020-04-30 0491 PPP 1150 W Moody Blvd. STE# 101, BUNNELL, FL, 32110
Loan Status Date 2021-03-23
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 390291
Loan Approval Amount (current) 390291
Undisbursed Amount 0
Franchise Name -
Lender Location ID 225134
Servicing Lender Name Truist Bank
Servicing Lender Address 214 N Tryon St, CHARLOTTE, NC, 28202-1078
Rural or Urban Indicator U
Hubzone N
LMI Y
Business Age Description Existing or more than 2 years old
Project Address BUNNELL, FLAGLER, FL, 32110-0001
Project Congressional District FL-06
Number of Employees 37
NAICS code 238210
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 225134
Originating Lender Name Truist Bank
Originating Lender Address CHARLOTTE, NC
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 392660.81
Forgiveness Paid Date 2021-02-12

Motor Carrier Census

USDOT Number Carrier Operation MCS-150 Form Date MCS-150 Mileage MCS-150 Year Power Units Drivers Operation Classification
1552382 Intrastate Non-Hazmat 2024-01-23 150545 2022 1 1 Private(Property)
Legal Name PALMETTO ELECTRIC INC
DBA Name -
Physical Address 1150 W MOODY BLVD #101, BUNNELL, FL, 32110, US
Mailing Address 1150 W MOODY BLVD #101, BUNNELL, FL, 32110, US
Phone (386) 437-3068
Fax (386) 437-3079
E-mail FRANK@PALMETTOELECTRICINC.COM

Safety Measurement System - All Transportation

Total Number of Inspections for the measurement period (24 months) 0
Driver Fitness BASIC Serious Violation Indicator No
Vehicle Maintenance BASIC Acute/Critical Indicator No
Unsafe Driving BASIC Acute/Critical Indicator No
Driver Fitness BASIC Roadside Performance measure value 0
Hours-of-Service (HOS) Compliance BASIC Roadside Performance measure value 0
Total Number of Driver Inspections for the measurment period 0
Vehicle Maintenance BASIC Roadside Performance measure value 0
Total Number of Vehicle Inspections for the measurement period 0
Controlled Substances and Alcohol BASIC Roadside Performance measure value 0
Unsafe Driving BASIC Roadside Performance Measure Value 0
Number of inspections with at least one Driver Fitness BASIC violation 0
Number of inspections with at least one Hours-of-Service BASIC violation 0
Total Number of Driver Inspections containing at least one Driver Out-of-Service Violation 0
Number of inspections with at least one Vehicle Maintenance BASIC violation 0
Total Number of Vehicle Inspections containing at least one Vehicle Out-of-Service violation 0
Number of inspections with at least one Controlled Substances and Alcohol BASIC violation 0
Number of inspections with at least one Unsafe Driving BASIC violation 0

Date of last update: 01 Apr 2025

Sources: Florida Department of State