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OCEAN ENGINEERING, INC. - Florida Company Profile

Company Details

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

OCEAN ENGINEERING, 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: 23 Feb 2011 (14 years ago)
Document Number: P11000019520
Address: 8927 ABBOTT AVENUE, SURFSIDE, 33154
Mail Address: 8927 ABBOTT AVENUE, SURFSIDE, FL33154, US
ZIP code: 33154
County: Miami-Dade
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
LUGO WALTER M Agent 8927 ABBOTT AVENUE, SURFSIDE, FL33154
LUGO WALTER M President 8927 ABBOTT AVENUE, SURFSIDE, FL33154
LUGO BETH M Secretary 8927 ABBOTT AVENUE, SURFSIDE, FL33154

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
3702927204 2020-04-27 0455 PPP 8101 Biscayne Blvd., Unit 508, MIAMI, FL, 33138-4634
Loan Status Date 2021-07-16
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 82358
Loan Approval Amount (current) 82358
Undisbursed Amount 0
Franchise Name -
Lender Location ID 437582
Servicing Lender Name Banesco USA
Servicing Lender Address 3155 NW 77th Ave, Miami, FL, 33122
Rural or Urban Indicator U
Hubzone Y
LMI N
Business Age Description Existing or more than 2 years old
Project Address MIAMI, MIAMI-DADE, FL, 33138-4634
Project Congressional District FL-24
Number of Employees 5
NAICS code 541330
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 437582
Originating Lender Name Banesco USA
Originating Lender Address Miami, FL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 79452.64
Forgiveness Paid Date 2021-02-12
8302798507 2021-03-09 0455 PPS 8101 Biscayne Blvd Apt 508, Miami, FL, 33138-4667
Loan Status Date 2021-12-16
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 62363.45
Loan Approval Amount (current) 62363.45
Undisbursed Amount 0
Franchise Name -
Lender Location ID 437582
Servicing Lender Name Banesco USA
Servicing Lender Address 3155 NW 77th Ave, Miami, FL, 33122
Rural or Urban Indicator U
Hubzone Y
LMI N
Business Age Description Existing or more than 2 years old
Project Address Miami, MIAMI-DADE, FL, 33138-4667
Project Congressional District FL-24
Number of Employees 5
NAICS code 541330
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 437582
Originating Lender Name Banesco USA
Originating Lender Address Miami, FL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 62775.74
Forgiveness Paid Date 2021-11-09

Date of last update: 12 Nov 2024

Sources: Florida Department of State