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INNOVATIVE DEVELOPMENT AND DESIGN, INC - Florida Company Profile

Company Details

Entity Name: INNOVATIVE DEVELOPMENT AND DESIGN, INC
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

INNOVATIVE DEVELOPMENT AND DESIGN, 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: 05 Nov 2019 (5 years ago)
Document Number: P19000085963
FEI/EIN Number 84-3737110

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

Address: 5613 MONTE ROSSO ROAD, SARASOTA, FL, 34243
Mail Address: 5613 MONTE ROSSO ROAD, SARASOTA, FL, 34243
ZIP code: 34243
County: Manatee
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
FELTER ERIC R Chief Executive Officer 5613 MONTE ROSSO ROAD, SARASOTA, FL, 34243
FELTER HEATHER M Chief Financial Officer 5613 MONTE ROSSO ROAD, SARASOTA, FL, 34243
FELTER ERIC R Chief Operating Officer 5613 MONTE ROSSO ROAD, SARASOTA, FL, 34243
FELTER HEATHER M Secretary 5613 MONTE ROSSO ROAD, SARASOTA, FL, 34243
FELTER HEATHER M Agent 5613 MONTE ROSSO ROAD, SARASOTA, FL, 34243

Documents

Name Date
ANNUAL REPORT 2025-01-03
ANNUAL REPORT 2024-01-14
ANNUAL REPORT 2023-01-14
ANNUAL REPORT 2022-01-15
ANNUAL REPORT 2021-01-13
ANNUAL REPORT 2020-01-13
Domestic Profit 2019-11-05

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
7841228603 2021-03-24 0455 PPP 5613 Monte Rosso Rd, Sarasota, FL, 34243-5237
Loan Status Date 2022-01-07
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 5970
Loan Approval Amount (current) 5970
Undisbursed Amount 0
Franchise Name -
Lender Location ID 94636
Servicing Lender Name Achieva CU
Servicing Lender Address 1659 Virginia St, DUNEDIN, FL, 34698-7405
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Sarasota, SARASOTA, FL, 34243-5237
Project Congressional District FL-17
Number of Employees 1
NAICS code 236118
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Subchapter S Corporation
Originating Lender ID 94636
Originating Lender Name Achieva CU
Originating Lender Address DUNEDIN, FL
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 6014.78
Forgiveness Paid Date 2022-01-04

Date of last update: 01 Apr 2025

Sources: Florida Department of State