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PRESIDENT CAPITAL INC. - Florida Company Profile

Company Details

Entity Name: PRESIDENT CAPITAL INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

PRESIDENT CAPITAL 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: 12 Jan 2016 (9 years ago)
Last Event: REINSTATEMENT
Event Date Filed: 25 Oct 2017 (7 years ago)
Document Number: P16000004355
FEI/EIN Number 81-1140302

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

Address: 1279 W Palmetto Park Road, BOCA RATON, FL, 33427, US
Mail Address: 1279 WEST PALMETTO PARK RD, BOCA RATON, FL, 33427, US
ZIP code: 33427
County: Palm Beach
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
INGLETON KAREEM President 1279 W Palmetto Park Rd, BOCA RATON, FL, 33427
Santonastaso Stephanie Agent 1279 W Palmetto Park Rd, BOCA RATON, FL, 33427

Fictitious Names

Registration Number Fictitious Name Status Filed Date Expiration Date Cancellation Date Mailing Address
G16000044490 DESTINY LOGISTICS EXPIRED 2016-05-02 2021-12-31 - 1499 WEST PALMETTO PARK RD #212, BOCA RATON, FL, 33486

Events

Event Type Filed Date Value Description
REGISTERED AGENT NAME CHANGED 2020-01-16 Santonastaso , Stephanie -
CHANGE OF PRINCIPAL ADDRESS 2018-01-18 1279 W Palmetto Park Road, #3755, BOCA RATON, FL 33427 -
REGISTERED AGENT ADDRESS CHANGED 2018-01-18 1279 W Palmetto Park Rd, #3755, BOCA RATON, FL 33427 -
REINSTATEMENT 2017-10-25 - -
CHANGE OF MAILING ADDRESS 2017-10-25 1279 W Palmetto Park Road, #3755, BOCA RATON, FL 33427 -
ADMIN DISSOLUTION FOR ANNUAL REPORT 2017-09-22 - -

Documents

Name Date
ANNUAL REPORT 2024-01-31
ANNUAL REPORT 2023-01-30
ANNUAL REPORT 2022-03-02
ANNUAL REPORT 2021-01-18
ANNUAL REPORT 2020-01-16
ANNUAL REPORT 2019-02-25
ANNUAL REPORT 2018-01-18
REINSTATEMENT 2017-10-25
Domestic Profit 2016-01-12

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
7686408303 2021-01-28 0455 PPS 1279, BOCA RATON, FL, 33486
Loan Status Date 2021-09-28
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 75789
Loan Approval Amount (current) 75789
Undisbursed Amount 0
Franchise Name -
Lender Location ID 529471
Servicing Lender Name Itria Ventures LLC
Servicing Lender Address One Penn Plaza, Suite 4530, New York, NY, 10119
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address BOCA RATON, PALM BEACH, FL, 33486
Project Congressional District FL-22
Number of Employees 5
NAICS code 722310
Borrower Race Black or African American
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 529471
Originating Lender Name Itria Ventures LLC
Originating Lender Address New York, NY
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 76216.37
Forgiveness Paid Date 2021-08-27
5175607710 2020-05-01 0455 PPP 1279 W PALMETTO PARK RD STE 3755, BOCA RATON, FL, 33427-0800
Loan Status Date -
Loan Status Exemption 4
Loan Maturity in Months 120
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 32291
Loan Approval Amount (current) 32291
Undisbursed Amount 0
Franchise Name -
Lender Location ID 9551
Servicing Lender Name Bank of America, National Association
Servicing Lender Address 100 N Tryon St, Ste 170, CHARLOTTE, NC, 28202-4024
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description New Business or 2 years or less
Project Address BOCA RATON, PALM BEACH, FL, 33427-0800
Project Congressional District FL-23
Number of Employees 2
NAICS code 523910
Borrower Race Black or African American
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 9551
Originating Lender Name Bank of America, National Association
Originating Lender Address CHARLOTTE, NC
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount -
Forgiveness Paid Date -

Date of last update: 02 Apr 2025

Sources: Florida Department of State