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INNOVATIVE DESIGNS INC - Florida Company Profile

Company Details

Entity Name: INNOVATIVE DESIGNS INC
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

INNOVATIVE DESIGNS 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: 13 Oct 2014 (11 years ago)
Date of dissolution: 25 Sep 2015 (10 years ago)
Last Event: ADMIN DISSOLUTION FOR ANNUAL REPORT
Event Date Filed: 25 Sep 2015 (10 years ago)
Document Number: P14000084230
Address: 4430 NW 8TH ST, PLANTATION, FL, 33317
Mail Address: 4430 NW 8TH ST, PLANTATION, FL, 33317
ZIP code: 33317
County: Broward
Place of Formation: FLORIDA

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
INNOVATIVE DESIGNS, INC. 401(K) PLAN 2023 311739425 2024-09-24 INNOVATIVE DESIGNS, INC. 23
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2017-01-01
Business code 454390
Sponsor’s telephone number 7273503926
Plan sponsor’s address 7998 9TH AVENUE SOUTH, ST. PETERSBURG, FL, 337070000

Signature of

Role Plan administrator
Date 2024-09-24
Name of individual signing MATT A LUCAS
Valid signature Filed with authorized/valid electronic signature
INNOVATIVE DESIGNS, INC. 401(K) PLAN 2022 311739425 2023-10-13 INNOVATIVE DESIGNS, INC. 23
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2017-01-01
Business code 454390
Sponsor’s telephone number 7273503926
Plan sponsor’s address 7490 30TH AVE N, ST PETE, FL, 33710

Signature of

Role Plan administrator
Date 2023-10-13
Name of individual signing MATT LUCAS
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2023-10-13
Name of individual signing MATT LUCAS
Valid signature Filed with authorized/valid electronic signature
INNOVATIVE DESIGNS, INC. 401(K) PLAN 2021 311739425 2022-06-21 INNOVATIVE DESIGNS, INC. 13
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2017-01-01
Business code 454390
Sponsor’s telephone number 7273503926
Plan sponsor’s address 7490 30TH AVE N, ST PETE, FL, 33710

Signature of

Role Plan administrator
Date 2022-06-21
Name of individual signing MATT LUCAS
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2022-06-21
Name of individual signing MATT LUCAS
Valid signature Filed with authorized/valid electronic signature
INNOVATIVE DESIGNS, INC. 401(K) PLAN 2020 311739425 2021-10-19 INNOVATIVE DESIGNS, INC. 11
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2017-01-01
Business code 454390
Sponsor’s telephone number 7273503926
Plan sponsor’s address 7490 30TH AVE N, ST PETE, FL, 33710

Signature of

Role Plan administrator
Date 2021-10-19
Name of individual signing MATT LUCAS
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2021-10-19
Name of individual signing MATT LUCAS
Valid signature Filed with authorized/valid electronic signature
INNOVATIVE DESIGNS, INC. 401(K) PLAN 2019 311739425 2020-07-17 INNOVATIVE DESIGNS, INC. 12
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2017-01-01
Business code 454390
Sponsor’s telephone number 7273503926
Plan sponsor’s address 7273 BRYAN DAIRY RD, LARGO, FL, 33777

Signature of

Role Plan administrator
Date 2020-07-17
Name of individual signing MATT LUCAS
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2020-07-17
Name of individual signing MATT LUCAS
Valid signature Filed with authorized/valid electronic signature
INNOVATIVE DESIGNS, INC. 401(K) PLAN 2018 311739425 2019-07-15 INNOVATIVE DESIGNS, INC. 4
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2017-01-01
Business code 454390
Sponsor’s telephone number 7273503926
Plan sponsor’s address 7273 BRYAN DAIRY RD, LARGO, FL, 33777

Signature of

Role Plan administrator
Date 2019-07-15
Name of individual signing MATT LUCAS
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2019-07-15
Name of individual signing MATT LUCAS
Valid signature Filed with authorized/valid electronic signature
INNOVATIVE DESIGNS, INC. 401(K) PLAN 2017 311739425 2018-10-11 INNOVATIVE DESIGNS, INC. 1
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2017-01-01
Business code 454390
Sponsor’s telephone number 6144390093
Plan sponsor’s address 7273 BRYAN DAIRY RD, LARGO, FL, 33777

Signature of

Role Plan administrator
Date 2018-10-11
Name of individual signing MATT LUCAS
Valid signature Filed with authorized/valid electronic signature

Key Officers & Management

Name Role Address
SKIPPER PAULQUELY President 4430 NW 8TH ST, PLANATION, FL, 33317
SKIPPER PAULQUELY S Agent 4430 NW 8TH ST, PLANTATION, FL, 33317

Events

Event Type Filed Date Value Description
ADMIN DISSOLUTION FOR ANNUAL REPORT 2015-09-25 - -

Documents

Name Date
Domestic Profit 2014-10-13

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
1001037707 2020-05-01 0455 PPP 7273 BRYAN DAIRY RD, LARGO, FL, 33777
Loan Status Date 2020-12-24
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 157500
Loan Approval Amount (current) 157500
Undisbursed Amount 0
Franchise Name -
Lender Location ID 48270
Servicing Lender Name JPMorgan Chase Bank, National Association
Servicing Lender Address 1111 Polaris Pkwy, COLUMBUS, OH, 43240-2031
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address LARGO, PINELLAS, FL, 33777-0001
Project Congressional District FL-13
Number of Employees 11
NAICS code 561990
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 194093
Originating Lender Name JPMorgan Chase Bank, National Association
Originating Lender Address CHICAGO, IL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 158327.49
Forgiveness Paid Date 2020-11-12

Date of last update: 01 Apr 2025

Sources: Florida Department of State