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SALTWATER RESTAURANTS, INC. - Florida Company Profile

Company Details

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

SALTWATER RESTAURANTS, 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: 06 Oct 2011 (14 years ago)
Last Event: NAME CHANGE AMENDMENT
Event Date Filed: 21 Oct 2011 (14 years ago)
Document Number: P11000087837
FEI/EIN Number 453645724

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

Address: 988 AIRPORT ROAD, DESTIN, FL, 32541
Mail Address: P.O. BOX 5497, DESTIN, FL, 32540, US
ZIP code: 32541
County: Okaloosa
Place of Formation: FLORIDA

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
SALTWATER RESTAURANTS, INC. 401(K) PLAN 2023 453645724 2024-06-18 SALTWATER RESTAURANTS, INC. 32
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2020-01-01
Business code 561210
Sponsor’s telephone number 8506504725
Plan sponsor’s address P.O. BOX 5497, DESTIN, FL, 32540

Signature of

Role Plan administrator
Date 2024-06-18
Name of individual signing NICK SARRA
Valid signature Filed with authorized/valid electronic signature
SALTWATER RESTAURANTS, INC. 401(K) PLAN 2023 453645724 2024-06-18 SALTWATER RESTAURANTS, INC. 227
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2020-01-01
Business code 561210
Sponsor’s telephone number 8506504725
Plan sponsor’s address P.O. BOX 5497, DESTIN, FL, 32540

Signature of

Role Plan administrator
Date 2024-06-18
Name of individual signing NICK SARRA
Valid signature Filed with authorized/valid electronic signature
SALTWATER RESTAURANTS, INC. 401(K) PLAN 2020 453645724 2021-11-22 SALTWATER RESTAURANTS, INC. 103
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2020-01-01
Business code 561210
Sponsor’s telephone number 8506504725
Plan sponsor’s address P.O. BOX 5497, DESTIN, FL, 32540
SALTWATER RESTAURANTS, INC. 401(K) PLAN 2020 453645724 2021-10-13 SALTWATER RESTAURANTS, INC. 109
Three-digit plan number (PN) 001
Effective date of plan 2020-01-01
Business code 561210
Sponsor’s telephone number 8506504725
Plan sponsor’s address P.O. BOX 5497, DESTIN, FL, 32540

Key Officers & Management

Name Role Address
BONEZZI PATRICIA President 988 AIRPORT ROAD, DESTIN, FL, 32541
SARRA NICHOLAS Vice President 988 AIRPORT ROAD, DESTIN, FL, 32541
TROELL LISA Agent CHESSER AND BARR, P.A., SHALIMAR, FL, 32579

Events

Event Type Filed Date Value Description
REGISTERED AGENT NAME CHANGED 2019-03-08 TROELL, LISA -
REGISTERED AGENT ADDRESS CHANGED 2019-03-08 CHESSER AND BARR, P.A., 1201 EGLIN PARKWAY, SHALIMAR, FL 32579 -
CHANGE OF MAILING ADDRESS 2014-04-24 988 AIRPORT ROAD, DESTIN, FL 32541 -
NAME CHANGE AMENDMENT 2011-10-21 SALTWATER RESTAURANTS, INC. -
NAME CHANGE AMENDMENT 2011-10-07 WATERFRONT MANAGEMENT COMPANY -

Documents

Name Date
AMENDED ANNUAL REPORT 2024-03-29
ANNUAL REPORT 2024-01-26
ANNUAL REPORT 2023-03-24
ANNUAL REPORT 2022-03-18
ANNUAL REPORT 2021-02-17
ANNUAL REPORT 2020-03-17
ANNUAL REPORT 2019-03-08
ANNUAL REPORT 2018-02-14
ANNUAL REPORT 2017-01-19
ANNUAL REPORT 2016-03-14

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
4098108307 2021-01-22 0491 PPS 988 Airport Rd, Destin, FL, 32541-2870
Loan Status Date 2021-11-18
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 85232.32
Loan Approval Amount (current) 85232.32
Undisbursed Amount 0
Franchise Name -
Lender Location ID 19133
Servicing Lender Name United Community Bank
Servicing Lender Address 200 E Camperdown Way, Greenville, SC, 29601
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Destin, OKALOOSA, FL, 32541-2870
Project Congressional District FL-01
Number of Employees 6
NAICS code 561210
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 453618
Originating Lender Name United Community Bank
Originating Lender Address Huntsville, AL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 85862.09
Forgiveness Paid Date 2021-10-22
6626997008 2020-04-07 0491 PPP 988 AIRPORT RD, DESTIN, FL, 32541-2870
Loan Status Date 2022-02-12
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 209300
Loan Approval Amount (current) 209300
Undisbursed Amount 0
Franchise Name -
Lender Location ID 19133
Servicing Lender Name United Community Bank
Servicing Lender Address 200 E Camperdown Way, Greenville, SC, 29601
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address DESTIN, OKALOOSA, FL, 32541-2870
Project Congressional District FL-01
Number of Employees 7
NAICS code 722511
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 453618
Originating Lender Name United Community Bank
Originating Lender Address Huntsville, AL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 198529.8
Forgiveness Paid Date 2021-05-21

Date of last update: 02 Apr 2025

Sources: Florida Department of State