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LAXMI, INC. OF PALM BAY - Florida Company Profile

Company Details

Entity Name: LAXMI, INC. OF PALM BAY
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

LAXMI, INC. OF PALM BAY 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: 15 Mar 2005 (20 years ago)
Date of dissolution: 22 Sep 2017 (8 years ago)
Last Event: ADMIN DISSOLUTION FOR ANNUAL REPORT
Event Date Filed: 22 Sep 2017 (8 years ago)
Document Number: P05000039911
FEI/EIN Number 522457552

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

Address: 1175 MALABAR ROAD, NE, PALM BAY, FL, 32907
Mail Address: 1175 MALABAR ROAD, NE, PALM BAY, FL, 32907
ZIP code: 32907
County: Brevard
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
PATEL SAMEET A Director 1175 MALABAR RD NE, PALM BAY, FL, 32907
PATEL SAMEET A President 1175 MALABAR RD NE, PALM BAY, FL, 32907
PATEL ANIL B Director 1175 MALABAR RD NE, PALM BAY, FL, 32907
PATEL ANIL B Vice President 1175 MALABAR RD NE, PALM BAY, FL, 32907
PATEL SAMEET A Agent 1175 MALABAR ROAD NE, PALM BAY, FL, 32907

Fictitious Names

Registration Number Fictitious Name Status Filed Date Expiration Date Cancellation Date Mailing Address
G14000023086 COMFORT SUITES EXPIRED 2014-03-05 2019-12-31 - 1175 MALABAR ROAD, NE, PALM BAY, FL, 32907
G08206900080 COMFORT SUITES EXPIRED 2008-07-23 2013-12-31 - COMFORT SUITES, 1175 MALABAR ROAD, NE, PALM BAY, FL, 32907

Events

Event Type Filed Date Value Description
ADMIN DISSOLUTION FOR ANNUAL REPORT 2017-09-22 - -
REINSTATEMENT 2016-12-08 - -
REGISTERED AGENT NAME CHANGED 2016-12-08 PATEL, SAMEET A -
ADMIN DISSOLUTION FOR ANNUAL REPORT 2016-09-23 - -
REGISTERED AGENT ADDRESS CHANGED 2009-05-03 1175 MALABAR ROAD NE, PALM BAY, FL 32907 -
CHANGE OF MAILING ADDRESS 2009-05-03 1175 MALABAR ROAD, NE, PALM BAY, FL 32907 -
CHANGE OF PRINCIPAL ADDRESS 2008-05-01 1175 MALABAR ROAD, NE, PALM BAY, FL 32907 -

Debts

Document Number Status Case Number Name of Court Date of Entry Expiration Date Amount Due Plaintiff
J14000935402 LAPSED 05-2010-CA-062627-XXXX-XX 18TH JUDICIAL, BREVARD COUNTY 2014-10-01 2019-11-05 $7,457.795.73 VB HOTEL, LLC, A FLORIDA LIMITED LIABILITY COMPANY, 1595 GARDEN OAKS DRIVE, MARSHALL, TX 75672
J14000867217 ACTIVE 1000000626738 BREVARD 2014-05-09 2034-08-01 $ 24,877.31 STATE OF FLORIDA, DEPARTMENT OF REVENUE, MELBOURNE SERVICE CENTER, 6300 N WICKHAM RD STE 133A, MELBOURNE FL329402029
J12000729676 TERMINATED 1000000286090 BREVARD 2012-10-16 2032-10-25 $ 1,198.74 STATE OF FLORIDA, DEPARTMENT OF REVENUE, COCOA SERVICE CENTER, 2428 CLEARLAKE RD STE M, COCOA FL329225731
J11000082425 TERMINATED 1000000203072 BREVARD 2011-02-03 2031-02-09 $ 5,853.71 STATE OF FLORIDA, DEPARTMENT OF REVENUE, COCOA SERVICE CENTER, 2428 CLEARLAKE RD STE M, COCOA FL329225731

Documents

Name Date
REINSTATEMENT 2016-12-08
ANNUAL REPORT 2015-05-01
ANNUAL REPORT 2014-05-01
ANNUAL REPORT 2013-05-01
ANNUAL REPORT 2012-05-01
ANNUAL REPORT 2011-05-01
ANNUAL REPORT 2010-05-04
ANNUAL REPORT 2009-05-03
ANNUAL REPORT 2008-05-01
ANNUAL REPORT 2007-07-19

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
7863527005 2020-04-08 0455 PPP 1175 MALABAR ROAD NE, PALM BAY, FL, 32907-3257
Loan Status Date 2021-03-20
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 125000
Loan Approval Amount (current) 106100
Undisbursed Amount 0
Franchise Name -
Lender Location ID 4099
Servicing Lender Name FNBC Bank
Servicing Lender Address 636 Ash Flat Dr, ASH FLAT, AR, 72513-9428
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address PALM BAY, BREVARD, FL, 32907-3257
Project Congressional District FL-08
Number of Employees 26
NAICS code 721110
Borrower Race Asian
Borrower Ethnicity Not Hispanic or Latino
Business Type Limited Liability Company(LLC)
Originating Lender ID 4099
Originating Lender Name FNBC Bank
Originating Lender Address ASH FLAT, AR
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 106978.27
Forgiveness Paid Date 2021-02-10
5082728403 2021-02-07 0455 PPS 1175 Malabar Rd NE, Palm Bay, FL, 32907-3257
Loan Status Date 2022-01-12
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 177723
Loan Approval Amount (current) 177723
Undisbursed Amount 0
Franchise Name Comfort Suites by Choice Hotels
Lender Location ID 4099
Servicing Lender Name FNBC Bank
Servicing Lender Address 636 Ash Flat Dr, ASH FLAT, AR, 72513-9428
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Palm Bay, BREVARD, FL, 32907-3257
Project Congressional District FL-08
Number of Employees 26
NAICS code 721110
Borrower Race Asian
Borrower Ethnicity Not Hispanic or Latino
Business Type Limited Liability Company(LLC)
Originating Lender ID 4099
Originating Lender Name FNBC Bank
Originating Lender Address ASH FLAT, AR
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 179248.46
Forgiveness Paid Date 2021-12-16

Date of last update: 01 Apr 2025

Sources: Florida Department of State