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OTERO DEVELOPMENT INC - Florida Company Profile

Company Details

Entity Name: OTERO DEVELOPMENT INC
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

OTERO DEVELOPMENT 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: 14 Jan 2013 (12 years ago)
Document Number: P13000004364
FEI/EIN Number 46-1818091

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

Address: 10952 SW 25 Street, Miami, FL, 33165, US
Mail Address: 10952 SW 25 Street, Miami, FL, 33165, US
ZIP code: 33165
County: Miami-Dade
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
OTERO CARLOS President 10952 SW 25 Street, Miami, FL, 33165
OTERO CARLOS Agent 10952 SW 25 Street, Miami, FL, 33165

Events

Event Type Filed Date Value Description
CHANGE OF PRINCIPAL ADDRESS 2019-03-13 10952 SW 25 Street, Unit 1, Miami, FL 33165 -
CHANGE OF MAILING ADDRESS 2019-03-13 10952 SW 25 Street, Unit 1, Miami, FL 33165 -
REGISTERED AGENT ADDRESS CHANGED 2019-03-13 10952 SW 25 Street, Unit 1, Miami, FL 33165 -

Documents

Name Date
ANNUAL REPORT 2025-02-17
ANNUAL REPORT 2024-04-11
ANNUAL REPORT 2023-02-16
ANNUAL REPORT 2022-03-05
ANNUAL REPORT 2021-02-24
ANNUAL REPORT 2020-01-31
ANNUAL REPORT 2019-03-13
ANNUAL REPORT 2018-09-18
ANNUAL REPORT 2017-07-20
ANNUAL REPORT 2016-03-30

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
6177747410 2020-05-14 0455 PPP 10952 SW 25 ST UNIDAD 1, MIAMI, FL, 33165
Loan Status Date 2021-12-18
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 5208
Loan Approval Amount (current) 5208
Undisbursed Amount 0
Franchise Name -
Lender Location ID 12096
Servicing Lender Name Wells Fargo Bank, National Association
Servicing Lender Address 101 N Philips Ave, SIOUX FALLS, SD, 57104-6738
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address MIAMI, MIAMI-DADE, FL, 33165-1900
Project Congressional District FL-27
Number of Employees 2
NAICS code 236118
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 12096
Originating Lender Name Wells Fargo Bank, National Association
Originating Lender Address SIOUX FALLS, SD
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 4898.37
Forgiveness Paid Date 2021-10-06

Date of last update: 02 Mar 2025

Sources: Florida Department of State