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PAYAL HOSPITALITY INC - Florida Company Profile

Company Details

Entity Name: PAYAL HOSPITALITY INC
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

PAYAL HOSPITALITY 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: 06 Oct 2003 (22 years ago)
Last Event: AMENDMENT
Event Date Filed: 10 Dec 2014 (10 years ago)
Document Number: P03000109683
FEI/EIN Number 562431843

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

Address: 39 JACK DR., QUINCY, FL, 32352
Mail Address: 39 JACK DR., QUINCY, FL, 32352
ZIP code: 32352
County: Gadsden
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
PATEL PARESHKUMAR C President 39 JACK DR., QUINCY, FL, 32352
PARESH GOCOOL Secretary 39 JACK DR., QUINCY, FL, 32352
PATEL PARESHKUMAR C Agent 39 JACK DR., QUINCY, FL, 32352

Fictitious Names

Registration Number Fictitious Name Status Filed Date Expiration Date Cancellation Date Mailing Address
G13000045815 HAMPTON INN EXPIRED 2013-05-14 2018-12-31 - 165 SPOONER ROAD, QUINCY, FL, 32351

Events

Event Type Filed Date Value Description
AMENDMENT 2014-12-10 - -
CANCEL ADM DISS/REV 2004-10-18 - -
ADMIN DISSOLUTION FOR ANNUAL REPORT 2004-10-01 - -

Documents

Name Date
ANNUAL REPORT 2024-02-02
ANNUAL REPORT 2023-02-27
ANNUAL REPORT 2022-04-11
ANNUAL REPORT 2021-02-07
ANNUAL REPORT 2020-03-20
ANNUAL REPORT 2019-04-15
ANNUAL REPORT 2018-02-11
ANNUAL REPORT 2017-03-31
ANNUAL REPORT 2016-03-07
ANNUAL REPORT 2015-01-07

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
4489097808 2020-05-28 0491 PPP 165 SPOONER RD, QUINCY, FL, 32351-5613
Loan Status Date 2021-04-14
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 57000
Loan Approval Amount (current) 57000
Undisbursed Amount 0
Franchise Name Hampton Inn
Lender Location ID 444613
Servicing Lender Name The Piedmont Bank
Servicing Lender Address 5100 Peachtree Pkwy, NORCROSS, GA, 30092-2525
Rural or Urban Indicator R
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address QUINCY, GADSDEN, FL, 32351-5613
Project Congressional District FL-02
Number of Employees 18
NAICS code 721110
Borrower Race Asian
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 444613
Originating Lender Name The Piedmont Bank
Originating Lender Address NORCROSS, GA
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 57426.33
Forgiveness Paid Date 2021-03-09
2003928708 2021-03-27 0491 PPS 165 Spooner Rd, Quincy, FL, 32351-5613
Loan Status Date 2021-11-13
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 79800
Loan Approval Amount (current) 79800
Undisbursed Amount 0
Franchise Name Hampton Inn & Suites
Lender Location ID 444613
Servicing Lender Name The Piedmont Bank
Servicing Lender Address 5100 Peachtree Pkwy, NORCROSS, GA, 30092-2525
Rural or Urban Indicator R
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Quincy, GADSDEN, FL, 32351-5613
Project Congressional District FL-02
Number of Employees 15
NAICS code 721110
Borrower Race Asian
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 444613
Originating Lender Name The Piedmont Bank
Originating Lender Address NORCROSS, GA
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 80235.07
Forgiveness Paid Date 2021-10-25

Date of last update: 01 Apr 2025

Sources: Florida Department of State