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PARAMOUNT DEVELOPMENT LLC - Florida Company Profile

Company Details

Entity Name: PARAMOUNT DEVELOPMENT LLC
Jurisdiction: FLORIDA
Filing Type: Florida Limited Liability Co.

PARAMOUNT DEVELOPMENT 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: 13 Dec 2019 (5 years ago)
Document Number: L19000299129
FEI/EIN Number 84-5077451

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

Address: 2 N. TAMIAMI TRL STE 800, SARASOTA, FL, 34236, US
Mail Address: 2 N. TAMIAMI TRL STE 800, SARASOTA, FL, 34236, US
ZIP code: 34236
County: Sarasota
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
SETTLE THOMAS J Manager 2 N. TAMIAMI TRL STE 800, SARASOTA, FL, 34236
PAXTON DONALD W Manager 2 N. TAMIAMI TRL STE 800, SARASOTA, FL, 34236
BENEFICIAL COMMUNITIES, LLC Agent -

Documents

Name Date
ANNUAL REPORT 2025-02-06
ANNUAL REPORT 2024-01-30
ANNUAL REPORT 2023-03-16
ANNUAL REPORT 2022-04-21
ANNUAL REPORT 2021-03-23
ANNUAL REPORT 2020-03-18
Florida Limited Liability 2019-12-13

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
9913037009 2020-04-09 0455 PPP 2 north tamiami trail, suite 800, SARASOTA, FL, 34236-5515
Loan Status Date 2021-09-29
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 9500
Loan Approval Amount (current) 9500
Undisbursed Amount 0
Franchise Name -
Lender Location ID 17124
Servicing Lender Name City National Bank of Florida
Servicing Lender Address 100 SE 2nd St, MIAMI, FL, 33131
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description New Business or 2 years or less
Project Address SARASOTA, SARASOTA, FL, 34236-5515
Project Congressional District FL-17
Number of Employees 1
NAICS code 531390
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Limited Liability Company(LLC)
Originating Lender ID 17124
Originating Lender Name City National Bank of Florida
Originating Lender Address MIAMI, FL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 9621.81
Forgiveness Paid Date 2021-08-04

Date of last update: 03 Mar 2025

Sources: Florida Department of State