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SOUTH ATLANTIC BEVERAGES INC - Florida Company Profile

Company Details

Entity Name: SOUTH ATLANTIC BEVERAGES INC
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

SOUTH ATLANTIC BEVERAGES 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: 19 Jun 2012 (13 years ago)
Date of dissolution: 25 Jun 2012 (13 years ago)
Last Event: VOLUNTARY DISSOLUTION
Event Date Filed: 25 Jun 2012 (13 years ago)
Document Number: P12000055413
Address: 2310 NW 3 RD AVENUE, 2, POMPANO BEACH, FL, 33060, US
Mail Address: 2310 NW 3 RD AVENUE, 2, POMPANO BEACH, FL, 33060, US
ZIP code: 33060
County: Broward
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
KURUVILLA MICHAEL President 6451 NW 65 TERRACE, POMPANO BEACH, FL, 33060
KURUVILLA SHEELA Vice President 6451 NW 65 TERRACE, POMPANO BEACH, FL, 33060
KURUVILLA MICHAEL K Agent 2310 NW 3 RD AVENUE, POMPANO BEACH, FL, 33067

Events

Event Type Filed Date Value Description
VOLUNTARY DISSOLUTION 2012-06-25 - -

Documents

Name Date
VOLUNTARY DISSOLUTION 2012-06-25
Domestic Profit 2012-06-19

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
5107747802 2020-05-29 0455 PPP 2310 NW 3rd Ave Ste 7, Pompano Beach, FL, 33060-4962
Loan Status Date 2022-08-12
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 4166
Loan Approval Amount (current) 4166
Undisbursed Amount 0
Franchise Name -
Lender Location ID 456756
Servicing Lender Name Cross River Bank
Servicing Lender Address 885 Teaneck Rd, TEANECK, NJ, 07666-4546
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Pompano Beach, BROWARD, FL, 33060-4962
Project Congressional District FL-20
Number of Employees 1
NAICS code 445310
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 529113
Originating Lender Name Kabbage, Inc.
Originating Lender Address Atlanta, GA
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 4254.34
Forgiveness Paid Date 2022-07-18

Date of last update: 01 Apr 2025

Sources: Florida Department of State