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SOUTHERN MARINE INC. - Florida Company Profile

Company Details

Entity Name: SOUTHERN MARINE INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

SOUTHERN MARINE 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: 27 Sep 2019 (6 years ago)
Date of dissolution: 16 Aug 2023 (2 years ago)
Last Event: VOLUNTARY DISSOLUTION
Event Date Filed: 16 Aug 2023 (2 years ago)
Document Number: P19000076178
FEI/EIN Number 71-1020329

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

Address: 2524 N. East Ave, Panama City, FL, 32405, US
Mail Address: 2524 N. East Ave, Panama City, FL, 32405, US
ZIP code: 32405
County: Bay
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
Nelson Michelle L President 2007 Sherman Ave, panama city, FL, 32405
NELSON MICHELLE L Vice President 2007 SHERMAN AVE, PANAMA CITY, FL, 32405
Nelson Michelle L Agent 2007 SHERMAN AVE, PANAMA CITY, FL, 32405

Events

Event Type Filed Date Value Description
VOLUNTARY DISSOLUTION 2023-08-16 - -
REGISTERED AGENT NAME CHANGED 2023-02-06 Nelson, Michelle L. -
CHANGE OF PRINCIPAL ADDRESS 2021-04-01 2524 N. East Ave, Panama City, FL 32405 -
CHANGE OF MAILING ADDRESS 2021-04-01 2524 N. East Ave, Panama City, FL 32405 -

Documents

Name Date
ANNUAL REPORT 2023-02-06
ANNUAL REPORT 2022-04-11
ANNUAL REPORT 2021-04-01
ANNUAL REPORT 2020-05-01
Domestic Profit 2019-09-27

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
2168597805 2020-05-22 0491 PPP 2007 SHERMAN AVE, PANAMA CITY, FL, 32405-6234
Loan Status Date 2021-06-05
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 44210
Loan Approval Amount (current) 44210
Undisbursed Amount 0
Franchise Name -
Lender Location ID 19243
Servicing Lender Name PeoplesSouth Bank
Servicing Lender Address 203 W Crawford St, COLQUITT, GA, 39837-3903
Rural or Urban Indicator U
Hubzone N
LMI Y
Business Age Description Existing or more than 2 years old
Project Address PANAMA CITY, BAY, FL, 32405-6234
Project Congressional District FL-02
Number of Employees 9
NAICS code 441222
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 19243
Originating Lender Name PeoplesSouth Bank
Originating Lender Address COLQUITT, GA
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 44639.82
Forgiveness Paid Date 2021-05-10
1689748309 2021-01-19 0491 PPS 2007 Sherman Ave, Panama City, FL, 32405-6234
Loan Status Date 2022-04-09
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 106250
Loan Approval Amount (current) 106250
Undisbursed Amount 0
Franchise Name -
Lender Location ID 19243
Servicing Lender Name PeoplesSouth Bank
Servicing Lender Address 203 W Crawford St, COLQUITT, GA, 39837-3903
Rural or Urban Indicator U
Hubzone N
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Panama City, BAY, FL, 32405-6234
Project Congressional District FL-02
Number of Employees 12
NAICS code 336612
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 19243
Originating Lender Name PeoplesSouth Bank
Originating Lender Address COLQUITT, GA
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 107545.66
Forgiveness Paid Date 2022-04-05

Date of last update: 02 Apr 2025

Sources: Florida Department of State