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WESTERRA DEVELOPMENT INC. - Florida Company Profile

Company Details

Entity Name: WESTERRA DEVELOPMENT INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

WESTERRA DEVELOPMENT 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 Nov 2004 (20 years ago)
Document Number: P04000150201
FEI/EIN Number 202439291

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

Address: 492 N Wilson St, CRESTVIEW, FL, 32536, US
Mail Address: 492 N Wilson St, CRESTVIEW, FL, 32536, US
ZIP code: 32536
County: Okaloosa
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
PASKELL PATRICK J President 492 N Wilson St, CRESTVIEW, FL, 32536
PASKELL TRACEY L Vice President 492 N Wilson St, CRESTVIEW, FL, 32536
Paskell Tracey L Agent 492 N Wilson St, CRESTVIEW, FL, 32536

Events

Event Type Filed Date Value Description
CHANGE OF PRINCIPAL ADDRESS 2022-03-18 492 N Wilson St, CRESTVIEW, FL 32536 -
CHANGE OF MAILING ADDRESS 2022-03-18 492 N Wilson St, CRESTVIEW, FL 32536 -
REGISTERED AGENT NAME CHANGED 2022-03-18 Paskell, Tracey L -
REGISTERED AGENT ADDRESS CHANGED 2022-03-18 492 N Wilson St, CRESTVIEW, FL 32536 -

Documents

Name Date
ANNUAL REPORT 2024-03-28
ANNUAL REPORT 2023-03-30
ANNUAL REPORT 2022-03-18
ANNUAL REPORT 2021-04-29
ANNUAL REPORT 2020-02-28
ANNUAL REPORT 2019-03-27
ANNUAL REPORT 2018-03-28
ANNUAL REPORT 2017-04-20
ANNUAL REPORT 2016-03-23
ANNUAL REPORT 2015-04-21

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
9893127700 2020-05-01 0491 PPP 924 FERDON BLVD, CRESTVIEW, FL, 32536
Loan Status Date 2021-07-07
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 74935
Loan Approval Amount (current) 74935
Undisbursed Amount 0
Franchise Name -
Lender Location ID 39232
Servicing Lender Name Hancock Whitney Bank
Servicing Lender Address 2510 14th St One Hancock Plz, GULFPORT, MS, 39501
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address CRESTVIEW, OKALOOSA, FL, 32536-0001
Project Congressional District FL-01
Number of Employees 8
NAICS code 237210
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 39232
Originating Lender Name Hancock Whitney Bank
Originating Lender Address GULFPORT, MS
Gender Male Owned
Veteran Unanswered
Forgiveness Amount 75788.43
Forgiveness Paid Date 2021-06-22

Date of last update: 01 Mar 2025

Sources: Florida Department of State