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PROMO 1 INC. - Florida Company Profile

Company Details

Entity Name: PROMO 1 INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

PROMO 1 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: 21 Dec 2017 (7 years ago)
Document Number: P17000100260
FEI/EIN Number 80-0598379

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

Address: 1513 SILVER SADDLE DR, TALLAHASSEE, FL, 32310
Mail Address: PO BOX 322, BARNESVILLE, GA, 30204
ZIP code: 32310
County: Leon
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
Albert Everett President 389 Grove Street, Barnesville, GA, 30204
ALBERT EVERETT Agent 1513 SILVER SADDLE, TALLAHASSEE, FL, 32310

Documents

Name Date
ANNUAL REPORT 2024-05-01
ANNUAL REPORT 2023-03-27
ANNUAL REPORT 2022-05-01
ANNUAL REPORT 2021-04-10
ANNUAL REPORT 2020-05-09
ANNUAL REPORT 2019-04-18
Domestic Profit 2017-12-21

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
5448727707 2020-05-01 0491 PPP 1513 SILVER SADDLE DR, TALLAHASSEE, FL, 32310
Loan Status Date 2021-02-11
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 21503
Loan Approval Amount (current) 21503
Undisbursed Amount 0
Franchise Name -
Lender Location ID 12096
Servicing Lender Name Wells Fargo Bank, National Association
Servicing Lender Address 101 N Philips Ave, SIOUX FALLS, SD, 57104-6738
Rural or Urban Indicator U
Hubzone N
LMI Y
Business Age Description Existing or more than 2 years old
Project Address TALLAHASSEE, LEON, FL, 32310-0100
Project Congressional District FL-02
Number of Employees 1
NAICS code -
Borrower Race Black or African American
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 12096
Originating Lender Name Wells Fargo Bank, National Association
Originating Lender Address SIOUX FALLS, SD
Gender Male Owned
Veteran Unanswered
Forgiveness Amount 21647.92
Forgiveness Paid Date 2021-01-08

Date of last update: 01 Apr 2025

Sources: Florida Department of State