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PROPEL BUILDERS, INC. - Florida Company Profile

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Company Details

Entity Name: PROPEL BUILDERS, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

PROPEL BUILDERS, 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: 28 Nov 2016 (9 years ago)
Date of dissolution: 17 May 2021 (4 years ago)
Last Event: VOLUNTARY DISSOLUTION
Event Date Filed: 17 May 2021 (4 years ago)
Document Number: P16000094320
FEI/EIN Number 81-4559209

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

Address: 111 MAITLAND AVENUE SOUTH, #200, MAITLAND, FL, 32751, US
Mail Address: 111 MAITLAND AVENUE SOUTH, #200, MAITLAND, FL, 32751, US
ZIP code: 32751
County: Orange
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
CAIRNEY PAUL Director 111 MAITLAND AVENUE SOUTH, #200, MAITLAND, FL, 32751
BITMAN RONNIE ESQ Agent 255 Primera Blvd, Lake Mary, FL, 32746

Events

Event Type Filed Date Value Description
VOLUNTARY DISSOLUTION 2021-05-17 - -
CHANGE OF PRINCIPAL ADDRESS 2021-04-08 111 MAITLAND AVENUE SOUTH, #200, MAITLAND, FL 32751 -
CHANGE OF MAILING ADDRESS 2021-04-08 111 MAITLAND AVENUE SOUTH, #200, MAITLAND, FL 32751 -
AMENDMENT 2021-01-04 - -
AMENDMENT 2020-09-15 - -
REGISTERED AGENT ADDRESS CHANGED 2019-04-29 255 Primera Blvd, Suite 128, Lake Mary, FL 32746 -

Documents

Name Date
VOLUNTARY DISSOLUTION 2021-05-17
Amendment 2021-01-04
Amendment 2020-09-15
ANNUAL REPORT 2020-05-29
ANNUAL REPORT 2019-04-29
ANNUAL REPORT 2018-04-15
ANNUAL REPORT 2017-05-15
Domestic Profit 2016-11-28

USAspending Awards / Financial Assistance

Date:
2020-04-16
Awarding Agency Name:
Small Business Administration
Transaction Description:
TO AID SMALL BUSINESSES IN MAINTAINING WORK FORCE DURING COVID-19 PANDEMIC.
Obligated Amount:
0.00
Face Value Of Loan:
95000.00
Total Face Value Of Loan:
95000.00

Paycheck Protection Program

Date Approved:
2020-04-16
Loan Status:
Paid in Full
SBA Guaranty Percentage:
100
Initial Approval Amount:
95000
Current Approval Amount:
95000
Race:
Unanswered
Ethnicity:
Unknown/NotStated
Gender:
Unanswered
Veteran:
Unanswered
Forgiveness Amount:
95511.94

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Date of last update: 01 Jun 2025

Sources: Florida Department of State