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PALM AIR AIR CONDITIONING, INC. - Florida Company Profile

Company Details

Entity Name: PALM AIR AIR CONDITIONING, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

PALM AIR AIR CONDITIONING, 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: 17 Jan 2008 (17 years ago)
Document Number: P08000006238
FEI/EIN Number 421753058

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

Address: 1600 NW Madrid Way, SUITE A, BOCA RATON, FL, 33432, US
Mail Address: 1600 NW Madrid Way, SUITE A, BOCA RATON, FL, 33432, US
ZIP code: 33432
County: Palm Beach
Place of Formation: FLORIDA

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
PALM AIR 401(K) PLAN 2023 421753058 2024-11-20 PALM AIR AIR CONDITIONING, INC. 32
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2018-01-01
Business code 238220
Sponsor’s telephone number 5613937588
Plan sponsor’s address 1600 NW MADRID WAY, SUITE A, BOCA RATON, FL, 33432

Signature of

Role Plan administrator
Date 2024-11-20
Name of individual signing SHIRLEY HORNER
Valid signature Filed with authorized/valid electronic signature
PALM AIR 401(K) PLAN 2023 421753058 2024-09-02 PALM AIR AIR CONDITIONING, INC. 26
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2018-01-01
Business code 238220
Sponsor’s telephone number 5613937588
Plan sponsor’s address 1600 NW MADRID WAY, SUITE A, BOCA RATON, FL, 33432

Signature of

Role Plan administrator
Date 2024-09-02
Name of individual signing SHIRLEY HORNER
Valid signature Filed with authorized/valid electronic signature
PALM AIR 401(K) PLAN 2022 421753058 2023-09-14 PALM AIR AIR CONDITIONING, INC. 23
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2018-01-01
Business code 238220
Sponsor’s telephone number 5613937588
Plan sponsor’s address 1600 NW MADRID WAY, SUITE A, BOCA RATON, FL, 33432

Signature of

Role Plan administrator
Date 2023-09-14
Name of individual signing SHIRLEY HORNER
Valid signature Filed with authorized/valid electronic signature
PALM AIR 401(K) PLAN 2020 421753058 2021-09-16 PALM AIR AIR CONDITIONING, INC. 25
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2018-01-01
Business code 238220
Sponsor’s telephone number 5613937588
Plan sponsor’s address 1600 NW MADRID WAY, SUITE A, BOCA RATON, FL, 33432
PALM AIR 401(K) PLAN 2019 421753058 2020-08-03 PALM AIR AIR CONDITIONING, INC. 25
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2018-01-01
Business code 238220
Sponsor’s telephone number 5613937588
Plan sponsor’s address 1600 NW MADRID WAY, SUITE A, BOCA RATON, FL, 33432
PALM AIR 401(K) PLAN 2018 421753058 2019-07-25 PALM AIR AIR CONDITIONING, INC. 28
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2018-01-01
Business code 238220
Sponsor’s telephone number 5613937588
Plan sponsor’s address 1600 NW MADRID WAY, SUITE A, BOCA RATON, FL, 33432

Key Officers & Management

Name Role Address
JENKINS DAVID A President 1265 SW 4TH CT, BOCA RATON, FL, 33432
HILL EVERETT A Vice President 1410 SW 5th Ct, BOCA RATON, FL, 33432
JENKINS DAVID A Agent 1600 NW Madrid Way, BOCA RATON, FL, 33432

Events

Event Type Filed Date Value Description
CHANGE OF PRINCIPAL ADDRESS 2015-02-27 1600 NW Madrid Way, SUITE A, BOCA RATON, FL 33432 -
CHANGE OF MAILING ADDRESS 2015-02-27 1600 NW Madrid Way, SUITE A, BOCA RATON, FL 33432 -
REGISTERED AGENT ADDRESS CHANGED 2015-02-27 1600 NW Madrid Way, SUITE A, BOCA RATON, FL 33432 -

Documents

Name Date
ANNUAL REPORT 2024-05-01
ANNUAL REPORT 2023-03-06
ANNUAL REPORT 2022-03-10
ANNUAL REPORT 2021-01-14
ANNUAL REPORT 2020-03-30
ANNUAL REPORT 2019-04-17
ANNUAL REPORT 2018-03-05
ANNUAL REPORT 2017-01-10
ANNUAL REPORT 2016-03-02
ANNUAL REPORT 2015-02-27

USAspending Awards. Financial Assistance

FAIN Awarding Agency Assistance Listings Start Date End Date Description
4083475006 Small Business Administration 59.012 - 7(A) LOAN GUARANTEES - - TO AID SMALL BUSINESSES WHICH ARE UNABLE TO OBTAIN FINANCING IN THE PRIVATE CREDIT MARKETPLACE
Recipient PALM AIR AIR CONDITIONING INC.
Recipient Name Raw PALM AIR AIR CONDITIONING INC.
Recipient DUNS 013869293
Recipient Address 4181 NW 1ST AVE #4, BOCA RATON, PALM BEACH, FLORIDA, 33431-0000, UNITED STATES
Obligated Amount 0.00
Non-Federal Funding 0.00
Original Subsidy Cost 4230.00
Face Value of Direct Loan 100000.00
Link View Page

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
5475197001 2020-04-05 0455 PPP 1600 NW Madrid Way Ste A, BOCA RATON, FL, 33432-1729
Loan Status Date 2021-02-23
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 350000
Loan Approval Amount (current) 353600
Undisbursed Amount 0
Franchise Name -
Lender Location ID 464999
Servicing Lender Name BankUnited, National Association
Servicing Lender Address 14817 Oak Lane, MIAMI LAKES, FL, 33016-1517
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description New Business or 2 years or less
Project Address BOCA RATON, PALM BEACH, FL, 33432-1729
Project Congressional District FL-23
Number of Employees 30
NAICS code 238220
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 464999
Originating Lender Name BankUnited, National Association
Originating Lender Address MIAMI LAKES, FL
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 356222.53
Forgiveness Paid Date 2021-01-20

Date of last update: 03 Apr 2025

Sources: Florida Department of State