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BUSINESS BASICS, INC. - Florida Company Profile

Company Details

Entity Name: BUSINESS BASICS, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

BUSINESS BASICS, 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: 08 Jun 2020 (5 years ago)
Date of dissolution: 23 Sep 2022 (2 years ago)
Last Event: ADMIN DISSOLUTION FOR ANNUAL REPORT
Event Date Filed: 23 Sep 2022 (2 years ago)
Document Number: P20000042791
FEI/EIN Number 85-1585397

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

Address: 408 CHAMBERLAIN DR, ST. AUGUSTINE, FL, 32086
Mail Address: 408 CHAMBERLAIN DR, ST. AUGUSTINE, FL, 32086
ZIP code: 32086
County: St. Johns
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
ZAPPA LOUIS President 408 CHAMBERLAIN DR, ST. AUGUSTINE, FL, 32086
ZAPPA LOUIS Agent 408 CHAMBERLAIN DR, ST. AUGUSTINE, FL, 32086

Events

Event Type Filed Date Value Description
ADMIN DISSOLUTION FOR ANNUAL REPORT 2022-09-23 - -

Documents

Name Date
ANNUAL REPORT 2021-01-28
Domestic Profit 2020-06-08

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
9303357210 2020-04-28 0455 PPP 410 N FEDERAL HWY, DEERFIELD BEACH, FL, 33441-2218
Loan Status Date 2021-04-17
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 20833
Loan Approval Amount (current) 20833
Undisbursed Amount 0
Franchise Name -
Lender Location ID 5479
Servicing Lender Name Farmers & Merchants Bank of Long Beach
Servicing Lender Address 302 Pine Ave, LONG BEACH, CA, 90802-2326
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Unanswered
Project Address DEERFIELD BEACH, BROWARD, FL, 33441-2218
Project Congressional District FL-23
Number of Employees 1
NAICS code 999990
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Sole Proprietorship
Originating Lender ID 5479
Originating Lender Name Farmers & Merchants Bank of Long Beach
Originating Lender Address LONG BEACH, CA
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 21013.36
Forgiveness Paid Date 2021-03-17

Date of last update: 01 Mar 2025

Sources: Florida Department of State