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OTWELLS EXTREME MOTORSPORTS, INC - Florida Company Profile

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Company Details

Entity Name: OTWELLS EXTREME MOTORSPORTS, INC
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

OTWELLS EXTREME MOTORSPORTS, 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: 26 Jul 2017 (8 years ago)
Last Event: REINSTATEMENT
Event Date Filed: 05 Dec 2019 (6 years ago)
Document Number: P17000063260
FEI/EIN Number 82-2143398

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

Address: 2931 W FAIRFIELD DR, PENSACOLA, FL, 32505
Mail Address: 2931 W FAIRFIELD DR, PENSACOLA, FL, 32505
ZIP code: 32505
County: Escambia
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
OTWELL CHARLES B President 3287 Idlewood DR., PENSACOLA, FL, 32505
OTWELL ASHLEY G Vice President 3287 Idlewood Dr., PENSACOLA, FL, 32505
OTWELL ASHLEY G Agent 2931 W FAIRFIELD DR, PENSACOLA, FL, 32505

Events

Event Type Filed Date Value Description
REINSTATEMENT 2019-12-05 - -
REGISTERED AGENT NAME CHANGED 2019-12-05 OTWELL, ASHLEY G -
ADMIN DISSOLUTION FOR ANNUAL REPORT 2019-09-27 - -

Documents

Name Date
ANNUAL REPORT 2024-04-19
ANNUAL REPORT 2023-03-30
ANNUAL REPORT 2022-01-25
ANNUAL REPORT 2021-03-17
ANNUAL REPORT 2020-01-29
REINSTATEMENT 2019-12-05
ANNUAL REPORT 2018-04-09
Domestic Profit 2017-07-26

USAspending Awards / Financial Assistance

Date:
2024-08-07
Awarding Agency Name:
Small Business Administration
Transaction Description:
AWARDTYPE: GUARANTEED/INSURED LOANS ACTIVITIES TO BE PERFORMED: TO PROVIDE GUARANTEED LOANS FROM LENDERS TO ELIGIBLE FOR PROFIT SMALL BUSINESSES WHICH ARE UNABLE TO OBTAIN FINANCING IN THE PRIVATE CREDIT MARKETPLACE BUT CAN DEMONSTRATE AN ABILITY TO REPAY LOANS IF GRANTED, IN A TIMELY MANNER. THE SBA GUARANTEES 7(A) PROGRAM LOANS THROUGH VARIOUS LOAN PROCESSING METHODS INCLUDING: (1) STANDARD 7(A) LOANS; (2) 7(A) SMALL LOANS; (3) SBAEXPRESS LOANS; (4) CAPLINE LOANS; (5) THE QUALIFIED EMPLOYEE TRUSTS (ESOP); (6) EXPORT EXPRESS; (7)EXPORT WORKING CAPITAL PROGRAM (EWCP); (8) INTERNATIONAL TRADE, AND (9) PILOT (TEMPORARY) PROGRAMS. DELIVERABLES: LOAN GUARANTEES EXPECTED OUTCOMES: TO PROVIDE GUARANTEED LOANS FROM LENDERS TO ELIGIBLE FOR PROFIT SMALL BUSINESSES AND, IN CERTAIN CIRCUMSTANCES, TO QUALIFIED EMPLOYEE TRUSTS (ESOPS). INTENDED BENEFICIARIES: SMALL BUSINESSES SUBRECIPIENT ACTIVITIES: NA
Obligated Amount:
0.00
Face Value Of Loan:
402700.00
Total Face Value Of Loan:
402700.00
Date:
2020-04-13
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:
22979.00
Total Face Value Of Loan:
22979.00
Date:
2017-10-26
Awarding Agency Name:
Small Business Administration
Transaction Description:
TO AID SMALL BUSINESSES WHICH ARE UNABLE TO OBTAIN FINANCING IN THE PRIVATE CREDIT MARKETPLACE
Obligated Amount:
0.00
Face Value Of Loan:
260000.00
Total Face Value Of Loan:
260000.00

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Date of last update: 01 Jun 2025

Sources: Florida Department of State