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SOUTHERN ASSOCIATION MANAGEMENT, INC. - Florida Company Profile

Company Details

Entity Name: SOUTHERN ASSOCIATION MANAGEMENT, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

SOUTHERN ASSOCIATION MANAGEMENT, 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: 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: 28 Mar 2008 (17 years ago)
Date of dissolution: 22 Sep 2023 (2 years ago)
Last Event: ADMIN DISSOLUTION FOR ANNUAL REPORT
Event Date Filed: 22 Sep 2023 (2 years ago)
Document Number: P08000032396
FEI/EIN Number 421758596

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

Address: 36468 EMERALD COAST PKWY STE 2101, DESTIN, FL, 32541, US
Mail Address: 36438 EMERALD COAST PKWY STE 2101, DESTIN, FL, 32541, US
ZIP code: 32541
County: Okaloosa
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
CRESSE JEFF J President 4608 Opa Locka Lane, DESTIN, FL, 32541
CRESSE KATHLEEN O Vice President 4608 Opa Locka Lane, Destin, FL, 32541
KYZAR WALTER Secretary 378 EVERGREEN CIRCLE, DESTIN, FL, 32541
KYZAR WALTER Treasurer 378 EVERGREEN CIRCLE, DESTIN, FL, 32541
KYZAR WALTER Agent 4608 OPA-LOCKA LANE, DESTIN, FL, 32541

Fictitious Names

Registration Number Fictitious Name Status Filed Date Expiration Date Cancellation Date Mailing Address
G13000050866 SAM POOL SERVICE EXPIRED 2013-05-31 2018-12-31 - 4608 OPA LOCKA LANE, DESTIN, FL, 32541

Events

Event Type Filed Date Value Description
ADMIN DISSOLUTION FOR ANNUAL REPORT 2023-09-22 - -
CHANGE OF PRINCIPAL ADDRESS 2021-02-04 36468 EMERALD COAST PKWY STE 2101, DESTIN, FL 32541 -
CHANGE OF MAILING ADDRESS 2021-02-04 36468 EMERALD COAST PKWY STE 2101, DESTIN, FL 32541 -
AMENDMENT 2017-12-18 - -
REINSTATEMENT 2010-12-03 - -
ADMIN DISSOLUTION FOR ANNUAL REPORT 2010-09-24 - -

Documents

Name Date
ANNUAL REPORT 2022-01-17
ANNUAL REPORT 2021-02-04
ANNUAL REPORT 2020-01-16
ANNUAL REPORT 2019-04-03
ANNUAL REPORT 2018-04-11
Amendment 2017-12-18
ANNUAL REPORT 2017-04-07
ANNUAL REPORT 2016-04-15
ANNUAL REPORT 2015-04-20
ANNUAL REPORT 2014-04-09

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
2663878407 2021-02-03 0491 PPS 36468 Emerald Coast Pkwy Ste 2101, Destin, FL, 32541-3723
Loan Status Date 2022-03-09
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 422490
Loan Approval Amount (current) 422490
Undisbursed Amount 0
Franchise Name -
Lender Location ID 39217
Servicing Lender Name Community Bank of Mississippi
Servicing Lender Address 1905, Community Bank Way, Flowood, MS, 39232
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Destin, OKALOOSA, FL, 32541-3723
Project Congressional District FL-01
Number of Employees 48
NAICS code 531390
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Subchapter S Corporation
Originating Lender ID 39217
Originating Lender Name Community Bank of Mississippi
Originating Lender Address Flowood, MS
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 426749.63
Forgiveness Paid Date 2022-02-08
9122877007 2020-04-09 0491 PPP 36468 EMERALD COAST PKWY Suite 2101, DESTIN, FL, 32541-0702
Loan Status Date 2021-01-07
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 401500
Loan Approval Amount (current) 401500
Undisbursed Amount 0
Franchise Name -
Lender Location ID 39217
Servicing Lender Name Community Bank of Mississippi
Servicing Lender Address 1905, Community Bank Way, Flowood, MS, 39232
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address DESTIN, OKALOOSA, FL, 32541-0702
Project Congressional District FL-01
Number of Employees 46
NAICS code 531311
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Subchapter S Corporation
Originating Lender ID 39217
Originating Lender Name Community Bank of Mississippi
Originating Lender Address Flowood, MS
Gender Female Owned
Veteran Non-Veteran
Forgiveness Amount 404118
Forgiveness Paid Date 2020-12-09

Date of last update: 02 Apr 2025

Sources: Florida Department of State