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PRAEKTA, INC. - Florida Company Profile

Company Details

Entity Name: PRAEKTA, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

PRAEKTA, 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: 04 Aug 2008 (17 years ago)
Document Number: P08000073465
FEI/EIN Number 263111891

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

Address: 2424 CONGRESS AVENUE, SUITE B, WEST PALM BEACH, FL, 33409
Mail Address: 2424 CONGRESS AVENUE, SUITE B, WEST PALM BEACH, FL, 33409
ZIP code: 33409
County: Palm Beach
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
PATEL PRAKASHCHANDRA President 2424 B CONGRESS AVE, WESPT PALM BEACH, FL, 33409
PATEL PRAKASHCHANDRAR Agent 210 KENSINGTON WAY, WELLINGTON, FL, 33414

Fictitious Names

Registration Number Fictitious Name Status Filed Date Expiration Date Cancellation Date Mailing Address
G19000136847 A&M DISCOUNT BEVERAGE #35 EXPIRED 2019-12-27 2024-12-31 - 2424 B NORTH CONGRESS AVE SUIT B, WEST PALM BEACH, FL, 33409
G14000048464 A & M DISCOUNT BEVERAGE # 35 EXPIRED 2014-05-16 2019-12-31 - 2424 B NORTH CONGRESS AVENUE, WEST PALM BEACH, FL, 33409
G08318900266 A & M DISCOUNT BEVERAGE #35 EXPIRED 2008-11-13 2013-12-31 - 2424 CONGRESS AVENUE, WEST PALM BEACH, FL, 33442

Documents

Name Date
ANNUAL REPORT 2024-04-14
ANNUAL REPORT 2023-04-10
ANNUAL REPORT 2022-03-14
ANNUAL REPORT 2021-04-07
ANNUAL REPORT 2020-06-08
ANNUAL REPORT 2019-04-16
ANNUAL REPORT 2018-04-18
ANNUAL REPORT 2017-04-25
ANNUAL REPORT 2016-04-25
ANNUAL REPORT 2015-03-20

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
9840967810 2020-06-09 0455 PPP 2424 B N Congress Ave, West Palm Beach, FL, 33409
Loan Status Date 2021-07-14
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 10712
Loan Approval Amount (current) 10712
Undisbursed Amount 0
Franchise Name -
Lender Location ID 45120
Servicing Lender Name Valley National Bank
Servicing Lender Address 615 Main Ave, PASSAIC, NJ, 07055-5066
Rural or Urban Indicator U
Hubzone N
LMI Y
Business Age Description Existing or more than 2 years old
Project Address West Palm Beach, PALM BEACH, FL, 33409-1801
Project Congressional District FL-21
Number of Employees 1
NAICS code 445310
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 45120
Originating Lender Name Valley National Bank
Originating Lender Address PASSAIC, NJ
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 10632.94
Forgiveness Paid Date 2021-06-02

Date of last update: 02 Apr 2025

Sources: Florida Department of State