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SABAL PALMS DEVELOPMENT CORPORATION - Florida Company Profile

Company Details

Entity Name: SABAL PALMS DEVELOPMENT CORPORATION
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

SABAL PALMS DEVELOPMENT CORPORATION 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: 14 Feb 1986 (39 years ago)
Date of dissolution: 22 Dec 2022 (2 years ago)
Last Event: VOLUNTARY DISSOLUTION
Event Date Filed: 22 Dec 2022 (2 years ago)
Document Number: H99449
FEI/EIN Number 592647147

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

Mail Address: 5122 SE LISBON CIRCLE, STUART, FL, 34997
Address: 5122 SE LISBON CIRCLE, STUART, FL, 34997-6703
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
KOLLMER HENRY Secretary 5122 SE LISBON CIRCLE, STUART, FL, 34997
Jackson Dawn President 5122 SE LISBON CIRCLE, STUART, FL, 349976703
Kollmer Eugene Treasurer 5122 SE LISBON CIRCLE, STUART, FL, 34997
Jackson Dawn Agent 5122 SE LISBON CIRCLE, STUART, FL, 34997

Events

Event Type Filed Date Value Description
VOLUNTARY DISSOLUTION 2022-12-22 - -
REGISTERED AGENT NAME CHANGED 2019-02-15 Jackson, Dawn -
CHANGE OF PRINCIPAL ADDRESS 2003-07-10 5122 SE LISBON CIRCLE, STUART, FL 34997-6703 -
CHANGE OF MAILING ADDRESS 2003-07-10 5122 SE LISBON CIRCLE, STUART, FL 34997-6703 -
REGISTERED AGENT ADDRESS CHANGED 2003-07-10 5122 SE LISBON CIRCLE, STUART, FL 34997 -

Documents

Name Date
VOLUNTARY DISSOLUTION 2022-12-22
ANNUAL REPORT 2022-03-10
AMENDED ANNUAL REPORT 2021-03-03
ANNUAL REPORT 2021-02-04
ANNUAL REPORT 2020-01-17
ANNUAL REPORT 2019-02-15
ANNUAL REPORT 2018-03-15
ANNUAL REPORT 2017-01-31
ANNUAL REPORT 2016-01-29
ANNUAL REPORT 2015-01-12

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
6007777307 2020-04-30 0455 PPP 5122 SE Lisbon Circle, Stuart, FL, 33497
Loan Status Date 2021-05-07
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 31200
Loan Approval Amount (current) 31200
Undisbursed Amount 0
Franchise Name -
Lender Location ID 17616
Servicing Lender Name Seacoast National Bank
Servicing Lender Address 815 Colorado Ave, STUART, FL, 34994-3053
Rural or Urban Indicator U
Hubzone N
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Stuart, PALM BEACH, FL, 33497-0001
Project Congressional District FL-23
Number of Employees 3
NAICS code 531311
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 17616
Originating Lender Name Seacoast National Bank
Originating Lender Address STUART, FL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 31500.89
Forgiveness Paid Date 2021-05-03

Date of last update: 03 Apr 2025

Sources: Florida Department of State