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OLD TOWN ELECTRIC, INC. - Florida Company Profile

Company Details

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

OLD TOWN 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: 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: 17 Aug 1989 (36 years ago)
Date of dissolution: 29 Apr 2021 (4 years ago)
Last Event: VOLUNTARY DISSOLUTION
Event Date Filed: 29 Apr 2021 (4 years ago)
Document Number: L09794
FEI/EIN Number 650136089

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

Address: 1075 DUVAL STREET, C-21, #206, KEY WEST, FL, 33040, US
Mail Address: P.O. BOX 25, KEY WEST, FL, 33041
ZIP code: 33040
County: Monroe
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
SHIMER, JEFFREY D. President P.O. BOX 25, KEY WEST, FL, 33041
SHIMER, JEFFREY D. Secretary P.O. BOX 25, KEY WEST, FL, 33041
SHIMER, JEFFREY D. Treasurer P.O. BOX 25, KEY WEST, FL, 33041
SHIMER, JEFFREY D. Agent 1075 DUVAL STREET, C-21, KEY WEST, FL, 33040
SHIMER JEFFREY D Director P.O. BOX 25 N/A, KEY WEST, FL, 33041

Events

Event Type Filed Date Value Description
VOLUNTARY DISSOLUTION 2021-04-29 - -
CHANGE OF PRINCIPAL ADDRESS 2016-04-28 1075 DUVAL STREET, C-21, #206, KEY WEST, FL 33040 -
REGISTERED AGENT ADDRESS CHANGED 2016-04-28 1075 DUVAL STREET, C-21, #206, KEY WEST, FL 33040 -
CHANGE OF MAILING ADDRESS 2007-04-27 1075 DUVAL STREET, C-21, #206, KEY WEST, FL 33040 -
REGISTERED AGENT NAME CHANGED 1989-09-27 SHIMER, JEFFREY D. -

Documents

Name Date
VOLUNTARY DISSOLUTION 2021-04-29
ANNUAL REPORT 2020-05-17
ANNUAL REPORT 2019-04-05
ANNUAL REPORT 2018-05-17
ANNUAL REPORT 2017-03-05
ANNUAL REPORT 2016-04-28
ANNUAL REPORT 2015-03-22
ANNUAL REPORT 2014-04-20
ANNUAL REPORT 2013-04-14
ANNUAL REPORT 2012-04-29

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
7759687301 2020-04-30 0455 PPP 1075 DUVAL ST STE C21, KEY WEST, FL, 33040-3188
Loan Status Date 2021-11-18
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 6152
Loan Approval Amount (current) 6152
Undisbursed Amount 0
Franchise Name -
Lender Location ID 456756
Servicing Lender Name Cross River Bank
Servicing Lender Address 885 Teaneck Rd, TEANECK, NJ, 07666-4546
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Unanswered
Project Address KEY WEST, MONROE, FL, 33040-3188
Project Congressional District FL-28
Number of Employees 1
NAICS code 238990
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 456756
Originating Lender Name Cross River Bank
Originating Lender Address TEANECK, NJ
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 6238.47
Forgiveness Paid Date 2021-10-07

Date of last update: 02 Apr 2025

Sources: Florida Department of State