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SOUTHERN AUTOMOTIVE DIST., INC. - Florida Company Profile

Company Details

Entity Name: SOUTHERN AUTOMOTIVE DIST., INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

SOUTHERN AUTOMOTIVE DIST., 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: 02 May 1986 (39 years ago)
Document Number: J12331
FEI/EIN Number 592678647

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

Address: 38 HOLLYWOOD BLVD SW, FORT WALTON BEACH, FL, 32548, US
Mail Address: 38 HOLLYWOOD BLVD SW, FORT WALTON BEACH, FL, 32548, US
ZIP code: 32548
County: Okaloosa
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
FARRIS, DALE W. Agent 38 HOLLYWOOD BLVD SW, FORT WALTON BEACH, FL, 32548
FARRIS, DALE W. President 38 HOLLYWOOD BLVD SW, FT. WALTON BEACH, FL, 32548
Ramer Kelby A Vice President 38 HOLLYWOOD BLVD SW, FORT WALTON BEACH, FL, 32548

Events

Event Type Filed Date Value Description
CHANGE OF PRINCIPAL ADDRESS 2005-01-21 38 HOLLYWOOD BLVD SW, FORT WALTON BEACH, FL 32548 -
CHANGE OF MAILING ADDRESS 2005-01-21 38 HOLLYWOOD BLVD SW, FORT WALTON BEACH, FL 32548 -
REGISTERED AGENT ADDRESS CHANGED 1990-02-19 38 HOLLYWOOD BLVD SW, FORT WALTON BEACH, FL 32548 -

Documents

Name Date
ANNUAL REPORT 2025-01-27
ANNUAL REPORT 2024-02-01
ANNUAL REPORT 2023-01-23
ANNUAL REPORT 2022-03-02
ANNUAL REPORT 2021-01-14
ANNUAL REPORT 2020-01-14
ANNUAL REPORT 2019-03-11
ANNUAL REPORT 2018-01-22
ANNUAL REPORT 2017-02-13
ANNUAL REPORT 2016-01-26

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
1452938603 2021-03-13 0491 PPS 38 Hollywood Blvd SW, Fort Walton Beach, FL, 32548-4852
Loan Status Date 2022-02-17
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 98732
Loan Approval Amount (current) 98732
Undisbursed Amount 0
Franchise Name -
Lender Location ID 9551
Servicing Lender Name Bank of America, National Association
Servicing Lender Address 100 N Tryon St, Ste 170, CHARLOTTE, NC, 28202-4024
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Fort Walton Beach, OKALOOSA, FL, 32548-4852
Project Congressional District FL-01
Number of Employees 10
NAICS code 423110
Borrower Race White
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 9551
Originating Lender Name Bank of America, National Association
Originating Lender Address CHARLOTTE, NC
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 99516.45
Forgiveness Paid Date 2022-01-03
6237047709 2020-05-01 0491 PPP 38 HOLLYWOOD BLVD SW, FORT WALTON BEACH, FL, 32548-4852
Loan Status Date 2021-04-16
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 129911
Loan Approval Amount (current) 98732
Undisbursed Amount 0
Franchise Name -
Lender Location ID 9551
Servicing Lender Name Bank of America, National Association
Servicing Lender Address 100 N Tryon St, Ste 170, CHARLOTTE, NC, 28202-4024
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description New Business or 2 years or less
Project Address FORT WALTON BEACH, OKALOOSA, FL, 32548-4852
Project Congressional District FL-01
Number of Employees 10
NAICS code 423120
Borrower Race White
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 9551
Originating Lender Name Bank of America, National Association
Originating Lender Address CHARLOTTE, NC
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 99578.66
Forgiveness Paid Date 2021-03-11

Date of last update: 01 May 2025

Sources: Florida Department of State