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BUILDING DROPS, INC. - Florida Company Profile

Company Details

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

BUILDING DROPS, 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: 31 May 2011 (14 years ago)
Document Number: P11000051213
FEI/EIN Number 452423276

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

Address: 1900 NE Miami Ct., Miami, FL, 33132, US
Mail Address: 1900 NE Miami Ct., Miami, FL, 33132, US
ZIP code: 33132
County: Miami-Dade
Place of Formation: FLORIDA

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
BUILDING DROPS INC 401(K) PROFIT SHARING PLAN & TRUST 2023 452423276 2024-05-23 BUILDING DROPS INC 9
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2018-01-01
Business code 541990
Sponsor’s telephone number 9543998478
Plan sponsor’s address 398 E DANIA BEACH BLVDSUITE 33, DANIA, FL, 33004

Plan administrator’s name and address

Administrator’s EIN 471637791
Plan administrator’s name ERISA FIDUCIARY SERVICES, INC.
Plan administrator’s address 1373 VETERANS HIGHWAY, SUITE 10, HAUPPAUGE, NY, 11788
Administrator’s telephone number 6312490500

Signature of

Role Plan administrator
Date 2024-05-23
Name of individual signing ERISA FIDUCIARY SERVICES, INC.
Valid signature Filed with authorized/valid electronic signature
BUILDING DROPS INC 401K 2022 452423276 2023-06-12 BUILDING DROPS INC 7
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2018-01-01
Business code 541330
Sponsor’s telephone number 9543998478
Plan sponsor’s address 398 E DANIA BEACH BLVD STE 338, SUITE 338, DANIA BEACH, FL, 33004

Signature of

Role Plan administrator
Date 2023-06-12
Name of individual signing NICOLE CERAVOLO
Valid signature Filed with authorized/valid electronic signature
BUILDING DROPS INC 401K 2021 452423276 2022-06-16 BUILDING DROPS INC 10
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2018-01-01
Business code 541330
Sponsor’s telephone number 9543998478
Plan sponsor’s address 398 E DANIA BEACH BLVD STE 338, DANIA BEACH, FL, 33004

Signature of

Role Plan administrator
Date 2022-06-16
Name of individual signing NICOLE CERAVOLO
Valid signature Filed with authorized/valid electronic signature
BUILDING DROPS INC 401K 2019 452423276 2020-10-15 BUILDING DROPS INC 4
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2018-01-01
Business code 541330
Sponsor’s telephone number 9543998478
Plan sponsor’s address 398 E DANIA BEACH BLVD STE 338, DANIA BEACH, FL, 33004

Signature of

Role Plan administrator
Date 2020-10-15
Name of individual signing MEGHAN WEST
Valid signature Filed with authorized/valid electronic signature

Key Officers & Management

Name Role Address
NORERO HERMES F President 1900 NE Miami Ct., Miami, FL, 33132
WESTPHAL BIRGIT R Chief Financial Officer 1900 NE Miami Ct., Miami, FL, 33132
NORERO HERMES F Agent 1900 NE Miami Ct., Miami, FL, 33132

Events

Event Type Filed Date Value Description
CHANGE OF PRINCIPAL ADDRESS 2024-02-19 1900 NE Miami Ct., Suite 2-15, Miami, FL 33132 -
CHANGE OF MAILING ADDRESS 2024-02-19 1900 NE Miami Ct., Suite 2-15, Miami, FL 33132 -
REGISTERED AGENT ADDRESS CHANGED 2024-02-19 1900 NE Miami Ct., Suite 2-15, Miami, FL 33132 -

Debts

Document Number Status Case Number Name of Court Date of Entry Expiration Date Amount Due Plaintiff
J12001004723 TERMINATED 1000000400482 ORANGE 2012-11-21 2032-12-14 $ 330.00 STATE OF FLORIDA, DEPARTMENT OF REVENUE, MAITLAND SERVICE CENTER, 2301 MAITLAND CENTER PKWY STE 160, MAITLAND FL327514192

Documents

Name Date
ANNUAL REPORT 2024-02-19
ANNUAL REPORT 2023-04-11
ANNUAL REPORT 2022-04-18
ANNUAL REPORT 2021-05-04
ANNUAL REPORT 2020-05-06
ANNUAL REPORT 2019-04-23
ANNUAL REPORT 2018-04-11
ANNUAL REPORT 2017-04-25
ANNUAL REPORT 2016-04-21
ANNUAL REPORT 2015-03-01

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
3018158405 2021-02-04 0455 PPS 1211 Stirling Rd Ste 104, Dania Beach, FL, 33004-3557
Loan Status Date 2021-12-18
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 300000
Loan Approval Amount (current) 300000
Undisbursed Amount 0
Franchise Name -
Lender Location ID 499141
Servicing Lender Name Readycap Lending, LLC
Servicing Lender Address 200 Connell Drive Suite 4000, BERKELEY HEIGHTS, NJ, 07922
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Dania Beach, BROWARD, FL, 33004-3557
Project Congressional District FL-25
Number of Employees 15
NAICS code 541330
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 499141
Originating Lender Name Readycap Lending, LLC
Originating Lender Address BERKELEY HEIGHTS, NJ
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 302284.93
Forgiveness Paid Date 2021-11-16
7120037108 2020-04-14 0455 PPP 398 East Dania Beach Boulevard, Dania Beach, FL, 33004
Loan Status Date 2021-03-18
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 194300
Loan Approval Amount (current) 194300
Undisbursed Amount 0
Franchise Name -
Lender Location ID 121536
Servicing Lender Name Customers Bank
Servicing Lender Address 40 General Warren Blvd, Malvern, PA, 19355
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Dania Beach, BROWARD, FL, 33004-0001
Project Congressional District FL-25
Number of Employees 14
NAICS code 453998
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 499141
Originating Lender Name Readycap Lending, LLC
Originating Lender Address BERKELEY HEIGHTS, NJ
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 195817.14
Forgiveness Paid Date 2021-02-17

Date of last update: 01 Apr 2025

Sources: Florida Department of State