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INNOVATIVE FUNDING SOLUTIONS, INC. - Florida Company Profile

Company Details

Entity Name: INNOVATIVE FUNDING SOLUTIONS, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

INNOVATIVE FUNDING SOLUTIONS, 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: 09 May 2019 (6 years ago)
Date of dissolution: 14 Mar 2023 (2 years ago)
Last Event: VOLUNTARY DISSOLUTION
Event Date Filed: 14 Mar 2023 (2 years ago)
Document Number: P19000041295
FEI/EIN Number 841819257

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

Mail Address: 133 VIA PALACIO, PALM BEACH GARDENS, FL, 33418, US
Address: 1999 BROADWAY, DENVER, CO, 80202, US
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
PERAGINE JAMES A President 133 VIA PALACIO, PALM BEACH GARDENS, 33418
Peragine Michael S Chief Financial Officer 133 VIA PALACIO, PALM BEACH GARDENS, FL, 33418
PERAGINE JAMES A Agent 133 VIA PALACIO, PALM BEACH GARDENS, FL, 33418

Events

Event Type Filed Date Value Description
VOLUNTARY DISSOLUTION 2023-03-14 - -
CHANGE OF PRINCIPAL ADDRESS 2019-08-20 1999 BROADWAY, SUITE 1525, DENVER, CO 80202 -

Documents

Name Date
VOLUNTARY DISSOLUTION 2023-03-14
ANNUAL REPORT 2022-04-22
ANNUAL REPORT 2021-02-03
ANNUAL REPORT 2020-03-01
Domestic Profit 2019-05-09
Off/Dir Resignation 2019-05-09

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
6763427302 2020-04-30 0455 PPP 133 Via Palacio, PALM BEACH GARDENS, FL, 33418
Loan Status Date 2021-05-15
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 215800
Loan Approval Amount (current) 215800
Undisbursed Amount 0
Franchise Name -
Lender Location ID 188904
Servicing Lender Name FinWise Bank
Servicing Lender Address 756 E Winchester St. Ste. 100, SANDY, UT, 84107
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description New Business or 2 years or less
Project Address PALM BEACH GARDENS, PALM BEACH, FL, 33418-1000
Project Congressional District FL-21
Number of Employees 25
NAICS code 522220
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Subchapter S Corporation
Originating Lender ID 188904
Originating Lender Name FinWise Bank
Originating Lender Address SANDY, UT
Gender Male Owned
Veteran Unanswered
Forgiveness Amount 217875.23
Forgiveness Paid Date 2021-04-22
5295118510 2021-02-27 0455 PPS 133 Via Palacio, Palm Beach Gardens, FL, 33418-6212
Loan Status Date 2022-07-07
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 266912
Loan Approval Amount (current) 266912
Undisbursed Amount 0
Franchise Name -
Lender Location ID 524612
Servicing Lender Name Fountainhead SBF LLC
Servicing Lender Address 3216 W. Lake Mary Blvd, LAKE MARY, FL, 32746
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Palm Beach Gardens, PALM BEACH, FL, 33418-6212
Project Congressional District FL-21
Number of Employees 23
NAICS code 541613
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Subchapter S Corporation
Originating Lender ID 524612
Originating Lender Name Fountainhead SBF LLC
Originating Lender Address LAKE MARY, FL
Gender Male Owned
Veteran Unanswered
Forgiveness Amount 270418.93
Forgiveness Paid Date 2022-06-22

Date of last update: 02 Apr 2025

Sources: Florida Department of State