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PROPEL ADVISORY GROUP, INC. - Florida Company Profile

Company Details

Entity Name: PROPEL ADVISORY GROUP, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

PROPEL ADVISORY GROUP, 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: 26 Aug 2020 (5 years ago)
Last Event: CORPORATE MERGER
Event Date Filed: 26 Aug 2020 (5 years ago)
Document Number: P20000065803
FEI/EIN Number 45-5505768

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

Address: 2215 IXORA AVE., SARASOTA, FL, 34234
Mail Address: 2215 IXORA AVE., SARASOTA, FL, 34234
ZIP code: 34234
County: Sarasota
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
PRISCO AARON Chief Executive Officer 2215 IXORA AVE., SARASOTA, FL, 34234
PRISCO AARON Agent 2215 IXORA AVE., SARASOTA, FL, 34234

Events

Event Type Filed Date Value Description
MERGER 2020-08-26 - CORPORATION WAS A MERGER RESULT. TOTAL NUMBER OF QUALIFIED CORPORATION(S) INVOLVED WAS 1. MERGER NUMBER 300000205263

Documents

Name Date
ANNUAL REPORT 2025-02-06
ANNUAL REPORT 2024-01-13
ANNUAL REPORT 2023-01-24
ANNUAL REPORT 2022-01-24
ANNUAL REPORT 2021-04-11
Merger 2020-08-26

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
5844117300 2020-04-30 0455 PPP 2215 Ixora Avenue, Sarasota, FL, 34234-8330
Loan Status Date 2021-01-21
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 20800
Loan Approval Amount (current) 20800
Undisbursed Amount 0
Franchise Name -
Lender Location ID 4426
Servicing Lender Name Bank OZK
Servicing Lender Address 18000 Cantrell Rd, LITTLE ROCK, AR, 72223-9729
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Sarasota, SARASOTA, FL, 34234-8330
Project Congressional District FL-17
Number of Employees 1
NAICS code 541611
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 4426
Originating Lender Name Bank OZK
Originating Lender Address LITTLE ROCK, AR
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 20919.67
Forgiveness Paid Date 2020-12-04

Date of last update: 01 Apr 2025

Sources: Florida Department of State