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CORNERSTONE MANGMNT & REALTY, INC. - Florida Company Profile

Company Details

Entity Name: CORNERSTONE MANGMNT & REALTY, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

CORNERSTONE MANGMNT & REALTY, 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: 13 Oct 2016 (9 years ago)
Document Number: P16000083202
FEI/EIN Number 47-5002046

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

Address: 2804 SARENTO PLACE, #201, PALM BEACH GARDENS, FL, 33410
Mail Address: 106 MEAWAY CT, SIMPSONVILLE, SC, 29681, US
ZIP code: 33410
County: Palm Beach
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
FRAIR KYLE President 2804 SARENTO PLACE #201, PALM BEACH GARDENS, FL, 33410
FRAIR KYLE Agent 2804 SARENTO PLACE, PALM BEACH GARDENS, FL, 33410

Events

Event Type Filed Date Value Description
CHANGE OF MAILING ADDRESS 2020-01-19 2804 SARENTO PLACE, #201, PALM BEACH GARDENS, FL 33410 -

Documents

Name Date
ANNUAL REPORT 2024-04-25
ANNUAL REPORT 2023-03-12
AMENDED ANNUAL REPORT 2022-04-22
ANNUAL REPORT 2022-02-01
ANNUAL REPORT 2021-02-17
ANNUAL REPORT 2020-01-19
ANNUAL REPORT 2019-02-09
ANNUAL REPORT 2018-01-15
ANNUAL REPORT 2017-01-09
Domestic Profit 2016-10-13

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
5904178110 2020-07-20 0455 PPP 12211 BRISBANE LN, WELLINGTON, FL, 33414-5533
Loan Status Date 2022-12-12
Loan Status Charged Off
Loan Maturity in Months 32
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 240050
Loan Approval Amount (current) 240050
Undisbursed Amount 0
Franchise Name -
Lender Location ID 58036
Servicing Lender Name Fifth Third Bank
Servicing Lender Address 38 Fountain Sq Plz, CINCINNATI, OH, 45263
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description New Business or 2 years or less
Project Address WELLINGTON, PALM BEACH, FL, 33414-5533
Project Congressional District FL-22
Number of Employees 6
NAICS code 531311
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 58036
Originating Lender Name Fifth Third Bank
Originating Lender Address CINCINNATI, OH
Gender Unanswered
Veteran Unanswered
Forgiveness Amount -
Forgiveness Paid Date -

Date of last update: 01 Apr 2025

Sources: Florida Department of State