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PALCHHIN INC - Florida Company Profile

Company Details

Entity Name: PALCHHIN INC
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

PALCHHIN 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: 16 Apr 2019 (6 years ago)
Date of dissolution: 24 Sep 2021 (4 years ago)
Last Event: ADMIN DISSOLUTION FOR ANNUAL REPORT
Event Date Filed: 24 Sep 2021 (4 years ago)
Document Number: P19000034400
FEI/EIN Number 83-4577787

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

Address: 3024 SE DIXIE HWY, STUART, FL, 34997, US
Mail Address: 3902 SE COQUINA COVE WAY, #205, PALM CITY, FL, 34990, US
ZIP code: 34997
County: Martin
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
PATEL HARDIKKUMAR V President 3902 SW COQUINA COVE WAY, #205, PALM CITY, FL, 34990
PATEL HARDIKKUMAR V Treasurer 3902 SW COQUINA COVE WAY, #205, PALM CITY, FL, 34990
VERMA RAJAT Agent 2889 BELLAROSA CIR, ROYAL PALM BEACH, FL, 33411

Fictitious Names

Registration Number Fictitious Name Status Filed Date Expiration Date Cancellation Date Mailing Address
G19000095131 7-ELEVEN STORE #40353B EXPIRED 2019-08-29 2024-12-31 - 3024 SE DIXIE HWY, STUART, FL, 34997
G19000053595 7-ELEVEN STORE #40353B EXPIRED 2019-05-01 2024-12-31 - 3024 SE DIXIE HWY, STUART, FL, 34997

Events

Event Type Filed Date Value Description
ADMIN DISSOLUTION FOR ANNUAL REPORT 2021-09-24 - -
REGISTERED AGENT NAME CHANGED 2020-05-06 VERMA, RAJAT -
REGISTERED AGENT ADDRESS CHANGED 2020-05-06 2889 BELLAROSA CIR, ROYAL PALM BEACH, FL 33411 -

Documents

Name Date
ANNUAL REPORT 2020-05-06
Domestic Profit 2019-04-16

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
2978727406 2020-05-06 0455 PPP 3024 SE Dixie Hwy, Stuart, FL, 34997
Loan Status Date 2021-12-16
Loan Status Charged Off
Loan Maturity in Months 4
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 21400
Loan Approval Amount (current) 21400
Undisbursed Amount 0
Franchise Name -
Lender Location ID 76755
Servicing Lender Name IncredibleBank
Servicing Lender Address 327 N 17th Ave, WAUSAU, WI, 54401-4225
Rural or Urban Indicator U
Hubzone Y
LMI N
Business Age Description Existing or more than 2 years old
Project Address Stuart, MARTIN, FL, 34997-0019
Project Congressional District FL-21
Number of Employees 8
NAICS code 447110
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 76755
Originating Lender Name IncredibleBank
Originating Lender Address WAUSAU, WI
Gender Male Owned
Veteran Unanswered
Forgiveness Amount -
Forgiveness Paid Date -

Date of last update: 01 Apr 2025

Sources: Florida Department of State