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TEAM PARKS, INC. - Florida Company Profile

Company Details

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

TEAM PARKS, 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: 01 Sep 2009 (16 years ago)
Date of dissolution: 20 Oct 2009 (15 years ago)
Last Event: VOLUNTARY DISSOLUTION
Event Date Filed: 20 Oct 2009 (15 years ago)
Document Number: P09000073477
Address: 3481 SE WILLOUGHBY BLVD., SUITE 102, STUART, FL, 34994
Mail Address: 3481 SE WILLOUGHBY BLVD., SUITE 102, STUART, FL, 34994
ZIP code: 34994
County: Martin
Place of Formation: FLORIDA

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
TEAM PARKS, INC. 401(K) PLAN 2023 592442413 2024-06-24 TEAM PARKS, INC. 16
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2000-01-01
Business code 236200
Sponsor’s telephone number 7727811616
Plan sponsor’s address 611 SE PALM BEACH ROAD, STUART, FL, 34994

Signature of

Role Plan administrator
Date 2024-06-24
Name of individual signing RYAN L STROM
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2024-06-24
Name of individual signing RYAN L STROM
Valid signature Filed with authorized/valid electronic signature
TEAM PARKS, INC. 401(K) PLAN 2022 592442413 2023-04-28 TEAM PARKS, INC. 16
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2000-01-01
Business code 236200
Sponsor’s telephone number 7727811616
Plan sponsor’s address 611 SE PALM BEACH ROAD, STUART, FL, 34994

Signature of

Role Plan administrator
Date 2023-04-28
Name of individual signing RYAN L STROM
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2023-04-28
Name of individual signing RYAN L STROM
Valid signature Filed with authorized/valid electronic signature
TEAM PARKS, INC. 401(K) PLAN 2021 592442413 2022-04-23 TEAM PARKS, INC. 17
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2000-01-01
Business code 236200
Sponsor’s telephone number 7727811616
Plan sponsor’s address 611 SE PALM BEACH ROAD, STUART, FL, 34994

Signature of

Role Plan administrator
Date 2022-04-23
Name of individual signing RYAN L STROM
Valid signature Filed with authorized/valid electronic signature
TEAM PARKS, INC. 401(K) PLAN 2020 592442413 2021-04-29 TEAM PARKS, INC. 18
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2000-01-01
Business code 236200
Sponsor’s telephone number 7727811616
Plan sponsor’s address 611 SE PALM BEACH ROAD, STUART, FL, 34994

Signature of

Role Plan administrator
Date 2021-04-20
Name of individual signing RYAN STROM
Valid signature Filed with authorized/valid electronic signature
TEAM PARKS, INC. 401(K) PLAN 2019 592442413 2020-05-13 TEAM PARKS, INC. 18
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2000-01-01
Business code 236200
Sponsor’s telephone number 7727811616
Plan sponsor’s address 611 SE PALM BEACH ROAD, STUART, FL, 34994

Signature of

Role Plan administrator
Date 2020-05-13
Name of individual signing RYAN STROM
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2020-05-13
Name of individual signing RYAN STROM
Valid signature Filed with authorized/valid electronic signature
TEAM PARKS, INC. 401(K) PLAN 2018 592442413 2019-04-30 TEAM PARKS, INC. 19
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2000-01-01
Business code 236200
Sponsor’s telephone number 7727811616
Plan sponsor’s address 611 SE PALM BEACH ROAD, STUART, FL, 34994

Signature of

Role Plan administrator
Date 2019-04-30
Name of individual signing RYAN STROM
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2019-04-30
Name of individual signing RYAN STROM
Valid signature Filed with authorized/valid electronic signature
TEAM PARKS, INC. 401(K) PLAN 2017 592442413 2018-05-15 TEAM PARKS, INC. 19
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2000-01-01
Business code 236200
Sponsor’s telephone number 7727811616
Plan sponsor’s address 611 SE PALM BEACH ROAD, STUART, FL, 34994

Signature of

Role Plan administrator
Date 2018-05-15
Name of individual signing RYAN STROM
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2018-05-15
Name of individual signing RYAN STROM
Valid signature Filed with authorized/valid electronic signature
TEAM PARKS, INC. 401(K) PLAN 2016 592442413 2017-05-17 TEAM PARKS, INC 16
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2000-01-01
Business code 236200
Sponsor’s telephone number 7727811616
Plan sponsor’s address 611 SE PALM BEACH ROAD, STUART, FL, 34994

Signature of

Role Plan administrator
Date 2017-05-17
Name of individual signing DEBBIE MAHAN
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2017-05-17
Name of individual signing RYAN STROM
Valid signature Filed with authorized/valid electronic signature
TEAM PARKS, INC. 401(K) PLAN 2015 592442413 2016-05-12 TEAM PARKS, INC 17
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2000-01-01
Business code 236200
Sponsor’s telephone number 7727811616
Plan sponsor’s address 611 SE PALM BEACH ROAD, STUART, FL, 34994

Signature of

Role Plan administrator
Date 2016-05-12
Name of individual signing RYAN STROM
Valid signature Filed with authorized/valid electronic signature
TEAM PARKS, INC. 401(K) PLAN 2014 592442413 2015-05-14 TEAM PARKS, INC. 17
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2000-01-01
Business code 236110
Sponsor’s telephone number 7727811616
Plan sponsor’s address 611 SE PALM BEACH RD., STUART, FL, 34994

Signature of

Role Plan administrator
Date 2015-05-14
Name of individual signing RYAN STROM
Valid signature Filed with authorized/valid electronic signature

Key Officers & Management

Name Role Address
PARKS RALPH H President 3481 SE WILLOUGHBY BLVD., STUART, FL, 34994
STROM RYAN Vice President 3481 SE WILLOUGHBY BLVD., STUART, FL, 34994
PARKS RALPH H Agent 3481 SE WILLOUGHBY BLVD., STUART, FL, 34994

Events

Event Type Filed Date Value Description
VOLUNTARY DISSOLUTION 2009-10-20 - -

Documents

Name Date
Voluntary Dissolution 2009-10-20
Domestic Profit 2009-09-01

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
3688187101 2020-04-12 0455 PPP 611 Southeast Palm Beach Road, STUART, FL, 34994-2445
Loan Status Date 2020-11-18
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 215000
Loan Approval Amount (current) 215000
Undisbursed Amount 0
Franchise Name -
Lender Location ID 117723
Servicing Lender Name SouthState Bank, National Association
Servicing Lender Address 1101 First St South, WINTER HAVEN, FL, 33880-3908
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address STUART, MARTIN, FL, 34994-2445
Project Congressional District FL-21
Number of Employees 13
NAICS code 236220
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 117723
Originating Lender Name SouthState Bank, National Association
Originating Lender Address WINTER HAVEN, FL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 216152.64
Forgiveness Paid Date 2020-11-03
8788058409 2021-02-13 0455 PPS 611 SE Palm Beach Rd N/A, Stuart, FL, 34994-2445
Loan Status Date 2021-09-25
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 200138
Loan Approval Amount (current) 200138
Undisbursed Amount 0
Franchise Name -
Lender Location ID 117723
Servicing Lender Name SouthState Bank, National Association
Servicing Lender Address 1101 First St South, WINTER HAVEN, FL, 33880-3908
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Stuart, MARTIN, FL, 34994-2445
Project Congressional District FL-21
Number of Employees 12
NAICS code 236220
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 117723
Originating Lender Name SouthState Bank, National Association
Originating Lender Address WINTER HAVEN, FL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 201010.82
Forgiveness Paid Date 2021-08-04

Date of last update: 02 Apr 2025

Sources: Florida Department of State