| Entity Name: | KARMA ROYALTIES INC |
| Jurisdiction: | FLORIDA |
| Filing Type: |
Domestic Profit
KARMA ROYALTIES 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: | 10 Sep 2019 (6 years ago) |
| Date of dissolution: | 25 Sep 2020 (5 years ago) |
| Last Event: | ADMIN DISSOLUTION FOR ANNUAL REPORT |
| Event Date Filed: | 25 Sep 2020 (5 years ago) |
| Document Number: | P19000071533 |
| Address: | 3074 LAUREL RIDGE CIR, WEST PALM BEACH, FL, 33404 |
| Mail Address: | 3074 LAUREL RIDGE CIR, WEST PALM BEACH, FL, 33404 |
| ZIP code: | 33404 |
| County: | Palm Beach |
| Place of Formation: | FLORIDA |
| Name | Role | Address |
|---|---|---|
| DURHAM TRAVIS | President | 3074 LAUREL RIDGE CIR, WEST PALM BEACH, F, 33404 |
| DURHAM TRAVIS | Agent | 3074 LAUREL RIDGE CIR, WEST PALM BEACH, FL, 33404 |
| Event Type | Filed Date | Value | Description |
|---|---|---|---|
| ADMIN DISSOLUTION FOR ANNUAL REPORT | 2020-09-25 | - | - |
| Name | Date |
|---|---|
| Domestic Profit | 2019-09-10 |
| Loan Number | Loan Funded Date | SBA Origination Office Code | Loan Delivery Method | Borrower Street Address | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| 1812337903 | 2020-06-11 | 0455 | PPP | 3074 Laurel Ridge Circle, Riviera Beach, FL, 33404-1837 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Date of last update: 01 Apr 2025
Sources: Florida Department of State
