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COVERTEC PRODUCTS LLC - Florida Company Profile

Company Details

Entity Name: COVERTEC PRODUCTS LLC
Jurisdiction: FLORIDA
Filing Type: Florida Limited Liability Co.

COVERTEC PRODUCTS LLC is structured as a Limited Liability Company (LLC), a common business structure that offers its members limited liability protection, separating their personal assets from the company's debts and obligations.
In Florida, LLCs are governed by Title XXXVI, Chapter 605, Florida Revised Limited Liability Company 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 Jul 2009 (16 years ago)
Last Event: LC AMENDMENT
Event Date Filed: 22 Jul 2011 (14 years ago)
Document Number: L09000064090
FEI/EIN Number 270477232

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

Address: 10821 NW 50TH STREET, SUNRISE, FL, 33351, US
Mail Address: 10821 NW 50TH STREET, SUNRISE, FL, 33351, US
ZIP code: 33351
County: Broward
Place of Formation: FLORIDA

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
COVERTEC PRODUCTS LLC 401(K) PROFIT SHARING PLAN & TRUST 2022 270477232 2023-07-24 COVERTEC PRODUCTS LLC 8
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2016-01-01
Business code 561790
Sponsor’s telephone number 7542232465
Plan sponsor’s address 11041 SPRINGFIELD PL, COOPER CITY, FL, 33026

Signature of

Role Plan administrator
Date 2023-07-24
Name of individual signing CHARLES IDOWU
Valid signature Filed with authorized/valid electronic signature
COVERTEC PRODUCTS LLC 401(K) PROFIT SHARING PLAN & TRUST 2021 270477232 2022-07-20 COVERTEC PRODUCTS LLC 7
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2016-01-01
Business code 561790
Sponsor’s telephone number 7542232465
Plan sponsor’s address 10821 NW 50TH ST, SUNRISE, FL, 333518091

Signature of

Role Plan administrator
Date 2022-07-20
Name of individual signing CHARLES IDOWU
Valid signature Filed with authorized/valid electronic signature
COVERTEC PRODUCTS LLC 401(K) PROFIT SHARING PLAN & TRUST 2020 270477232 2021-10-08 COVERTEC PRODUCTS LLC 5
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2016-01-01
Business code 561790
Sponsor’s telephone number 7542232465
Plan sponsor’s address 10821 NW 50TH ST, SUNRISE, FL, 333518091

Signature of

Role Plan administrator
Date 2021-10-08
Name of individual signing CHARLES IDOWU
Valid signature Filed with authorized/valid electronic signature
COVERTEC PRODUCTS LLC 401 K PROFIT SHARING PLAN TRUST 2018 270477232 2019-10-07 COVERTEC PRODUCTS LLC 4
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2016-01-01
Business code 561790
Sponsor’s telephone number 7542232465
Plan sponsor’s address 10821 NW 50TH ST, SUNRISE, FL, 333518091

Signature of

Role Plan administrator
Date 2019-10-07
Name of individual signing CHARLES IDOWU
Valid signature Filed with authorized/valid electronic signature
COVERTEC PRODUCTS LLC 401 K PROFIT SHARING PLAN TRUST 2017 270477232 2018-10-04 COVERTEC PRODUCTS LLC 4
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2016-01-01
Business code 561790
Sponsor’s telephone number 7542232465
Plan sponsor’s address 10821 NW 50TH ST, SUNRISE, FL, 333518091

Signature of

Role Plan administrator
Date 2018-10-04
Name of individual signing CHARLES IDOWU
Valid signature Filed with authorized/valid electronic signature
COVERTEC PRODUCTS LLC 401 K PROFIT SHARING PLAN TRUST 2016 270477232 2017-07-28 COVERTEC PRODUCTS LLC 5
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2016-01-01
Business code 561790
Sponsor’s telephone number 7542232465
Plan sponsor’s address 10857 NW 50 ST, SUNRISE, FL, 33351

Signature of

Role Plan administrator
Date 2017-07-28
Name of individual signing CHARLES IDOWU
Valid signature Filed with authorized/valid electronic signature

Key Officers & Management

Name Role Address
IDOWU TRACEY J Manager 10821 NW 50TH STREET, SUNRISE, FL, 33351
CHARLES IDOWU O Manager 10821 NW 50TH STREET, SUNRISE, FL, 33351
IDOWU CHARLES O Agent 10821 NW 50TH STREET, SUNRISE, FL, 33351

Fictitious Names

Registration Number Fictitious Name Status Filed Date Expiration Date Cancellation Date Mailing Address
G09000152531 SHIELD PRODUCTS SOUTH EXPIRED 2009-09-03 2014-12-31 - 11471 INTERCHANGE CIRCLE SOUTH, MIRAMAR, FL, 33025

Events

Event Type Filed Date Value Description
REGISTERED AGENT ADDRESS CHANGED 2018-04-19 10821 NW 50TH STREET, SUNRISE, FL 33351 -
CHANGE OF PRINCIPAL ADDRESS 2017-09-22 10821 NW 50TH STREET, SUNRISE, FL 33351 -
CHANGE OF MAILING ADDRESS 2017-09-22 10821 NW 50TH STREET, SUNRISE, FL 33351 -
REGISTERED AGENT NAME CHANGED 2014-04-18 IDOWU, CHARLES O -
LC AMENDMENT 2011-07-22 - -

Documents

Name Date
ANNUAL REPORT 2024-04-24
ANNUAL REPORT 2023-04-28
ANNUAL REPORT 2022-04-17
ANNUAL REPORT 2021-04-26
ANNUAL REPORT 2020-04-30
ANNUAL REPORT 2019-04-26
ANNUAL REPORT 2018-04-19
ANNUAL REPORT 2017-04-27
ANNUAL REPORT 2016-04-28
ANNUAL REPORT 2015-04-23

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
6361097710 2020-05-01 0455 PPP 10821NW 50TH ST, SUNRISE, FL, 33351-8091
Loan Status Date 2021-07-22
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 30484
Loan Approval Amount (current) 32028
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 N
LMI N
Business Age Description New Business or 2 years or less
Project Address SUNRISE, BROWARD, FL, 33351-8091
Project Congressional District FL-20
Number of Employees 5
NAICS code 424690
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Limited Liability Company(LLC)
Originating Lender ID 9551
Originating Lender Name Bank of America, National Association
Originating Lender Address CHARLOTTE, NC
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 32333.36
Forgiveness Paid Date 2021-04-15

U.S. Small Business Administration Profile

Status User ID Name of Firm Trade Name UEI Address
Active P2112422 COVERTEC PRODUCTS LLC - LTUJZM3MQCF5 10821 NW 50TH ST, SUNRISE, FL, 33351-8091
Capabilities Statement Link -
Phone Number 754-223-2465
Fax Number -
E-mail Address charles@covertecproducts.com
WWW Page www.covertecproducts.com
E-Commerce Website https://www.covertecproducts.com
Contact Person CHARLES IDOWU
County Code (3 digit) 011
Congressional District 20
Metropolitan Statistical Area 2680
CAGE Code 7MMG7
Year Established 2009
Accepts Government Credit Card Yes
Legal Structure LLC
Ownership and Self-Certifications Black American, Other Minority Owned, Self-Certified Small Disadvantaged Business, Women-Owned Small Business, Woman Owned
Business Development Servicing Office SOUTH FLORIDA DISTRICT OFFICE (SBA office code 0455)
Capabilities Narrative We are a leading US based specialty coatings and cleaning products manufacturer that produces high quality environmental safe, water based, professional grade products for the flooring industry. Our diverse customer base that includes the US Department of State, Mt Sinai Hospital, the City of Sunrise BB&T Center, Infinity Automobile Group dealerships and more, many of which give us rave reviews and repeat business. Our sealing and cleaning products are designed and proven to protect, beautify, lower maintenance costs and improve overall floor safety. We value your time and appreciate the opportunity, be assured we will fulfill all requirements and protect your reputation. MWOSB
Special Equipment/Materials Dedicated R&D Department, to keep us on the cutting edge of flooring technology Our materials are both attractive and provide maintenance cost savings
Business Type Percentages Construction (10 %) Manufacturing (80 %) Research and Development (10 %)
Keywords Oil, chemical manufacturer, slip resistant, stain, water, resistant, walls, protective coatings, concrete cleaner, vinyl, rubber floor, flooring, roof, ceramic, wood, stone, tile, grout, sealer, coatings, acrylic, urethane, epoxy, oil resistant, janitorial supplies
Quality Assurance Standards (none given)
Electronic Data Interchange capable -

Current Principals

Name Charles Idowu
Role President / Owner
Name Tracey (Jessica) Idowu
Role Managing Member

SBA Federal Certifications

HUBZone Certified No
Women Owned Certified No
Women Owned Pending No
Economically Disadvantaged Women Owned Certified No
Economically Disadvantaged Women Owned Pending No
Veteran-Owned Small Business Certified No
Veteran-Owned Small Business Joint Venture No
Service-Disabled Veteran-Owned Small Business Certified No
Service-Disabled Veteran-Owned Small Business Joint Venture No

Bonding Levels

Description Construction Bonding Level (per contract)
Level $0
Description Construction Bonding Level (aggregate)
Level $0
Description Service Bonding Level (per contract)
Level $0
Description Service Bonding Level (aggregate)
Level $0

NAICS Codes with Size Determinations by NAICS

Primary Yes
Code 424950
NAICS Code's Description Paint, Varnish, and Supplies Merchant Wholesalers
Buy Green Yes
Code 325612
NAICS Code's Description Polish and Other Sanitation Good Manufacturing
Buy Green Yes
Code 423840
NAICS Code's Description Industrial Supplies Merchant Wholesalers
Buy Green Yes
Code 423850
NAICS Code's Description Service Establishment Equipment and Supplies Merchant Wholesalers
Buy Green Yes
Code 424690
NAICS Code's Description Other Chemical and Allied Products Merchant Wholesalers
Buy Green Yes

Export Profile (Trade Mission Online)

Exporter Yes
Export Business Activities Manufacturer
Exporting to Australia; Canada; Korea, Republic of; Mexico; Philippines; South Africa; United Arab Emirates; United Kingdom
Desired Export Business Relationships Direct export sales, Distributor/Importer, Representative/Agent/Broker, Overseas retailers, Licensing, Contract manufacturing
Description of Export Objective(s) Market growth target to expand 30% Internationally.

Performance History (References)

Name BB&T Center Sunrise, FL
Contract Floor & Seating job
Start 2011-07-21
Value 297,055
Contact Brian Gilner (contact Charles Idowu for more details)
Phone 754-223-2465
Name TRINIC LLC
Contract Concrete Sealer
Start 2013-11-03
Value 120,000
Contact Bob Chatterton (contact Charles Idowu for more details)
Phone 607-655-1517
Name NetLogic Inc
Contract Stone Sealer
Start 2014-06-26
Value 76,300
Contact Robin Gross
Phone 212-688-8996
Name US Department of State
Contract Floor coatings
Start 2012-06-01
Value 140,000
Contact Charles Idowu
Phone 754-223-2465
Name WH Bass Inc
Contract Concrete Sealer
Start 2015-10-23
Value 58,478
Contact Jeff Golden
Phone 678-987-5750
Name CoGRI Korea LTD
Contract Concrete Sealer
Start 2016-02-12
Value 35,225
Contact Jason Blackmore (contact Charles Idowu for more details)
Phone 754-223-2465
Name Chateau d'Ax USA, Ltd.
Contract Commercial Repair
Start 2009-11-13
Value 108,725
Contact Johnny Pleasants (contact Charles Idowu for more details)
Phone 754-223-2465

Date of last update: 01 Apr 2025

Sources: Florida Department of State