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PAY MODALITY INC. - Florida Company Profile

Company Details

Entity Name: PAY MODALITY INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

PAY MODALITY 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: 30 Oct 2018 (6 years ago)
Document Number: P18000089868
FEI/EIN Number 83-2390892

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

Address: 2665 S. Bayshore Drive, Suite 220-89, Coconut Grove, FL, 33133, US
Mail Address: C/O Corporate Creations Network, Inc., 801 US Highway One, North Palm Beach, FL, 33408, US
ZIP code: 33133
County: Miami-Dade
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
Cordero Leonardo Treasurer 2665 S. Bayshore Drive, Suite 220-89, Coconut Grove, FL, 33133
CORDERO LEONARDO Agent 2665 S. BAYSHORE DRIVE, STE 220-89, COCONUT GROVE, FL, 33133

Events

Event Type Filed Date Value Description
CHANGE OF PRINCIPAL ADDRESS 2024-04-24 2665 S. Bayshore Drive, Suite 220-89, Coconut Grove, FL 33133 -
CHANGE OF MAILING ADDRESS 2024-04-24 2665 S. Bayshore Drive, Suite 220-89, Coconut Grove, FL 33133 -

Documents

Name Date
ANNUAL REPORT 2024-04-24
ANNUAL REPORT 2023-04-26
ANNUAL REPORT 2022-03-21
ANNUAL REPORT 2021-04-26
ANNUAL REPORT 2020-03-26
ANNUAL REPORT 2019-04-08
Domestic Profit 2018-10-30

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
2308627706 2020-05-01 0455 PPP 3864 sw 150th ct, MIAMI, FL, 33185
Loan Status Date 2021-09-30
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 23727
Loan Approval Amount (current) 23727
Undisbursed Amount 0
Franchise Name -
Lender Location ID 48270
Servicing Lender Name JPMorgan Chase Bank, National Association
Servicing Lender Address 1111 Polaris Pkwy, COLUMBUS, OH, 43240-2031
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description New Business or 2 years or less
Project Address MIAMI, MIAMI-DADE, FL, 33185-3700
Project Congressional District FL-28
Number of Employees 2
NAICS code 999990
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 194093
Originating Lender Name JPMorgan Chase Bank, National Association
Originating Lender Address CHICAGO, IL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 24037.03
Forgiveness Paid Date 2021-08-25

Date of last update: 03 Apr 2025

Sources: Florida Department of State