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ISLAND CITY AIR INC - Florida Company Profile

Company Details

Entity Name: ISLAND CITY AIR INC
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

ISLAND CITY AIR 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: 27 Sep 2023 (2 years ago)
Document Number: P23000069354
FEI/EIN Number 30-0005534

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

Address: 7470 SW 122ND TERRACE, CEDAR KEY, FL, 32625, US
Mail Address: PO BOX 522, CEDAR KEY, FL, 32625, US
ZIP code: 32625
County: Levy
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
WYROSDICK WILLIAM LJR President PO BOX 522, CEDAR KEY, FL, 32625
WYROSDICK WILLIAM LJR Secretary PO BOX 522, CEDAR KEY, FL, 32625
WYROSDICK WILLIAM LJR Agent 7470 SW 122ND TERRACE, CEDAR KEY, FL, 32625

Documents

Name Date
ANNUAL REPORT 2024-04-22
Domestic Profit 2023-09-27

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
4332337810 2020-05-28 0491 PPP 7470 SW 122ND TER, CEDAR KEY, FL, 32625-2604
Loan Status Date 2021-04-08
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 18210
Loan Approval Amount (current) 18210
Undisbursed Amount 0
Franchise Name -
Lender Location ID 17616
Servicing Lender Name Seacoast National Bank
Servicing Lender Address 815 Colorado Ave, STUART, FL, 34994-3053
Rural or Urban Indicator R
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address CEDAR KEY, LEVY, FL, 32625-2604
Project Congressional District FL-03
Number of Employees 3
NAICS code 238220
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 113116
Originating Lender Name Seacoast National Bank
Originating Lender Address Chiefland, FL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 18363.27
Forgiveness Paid Date 2021-04-01
8856378501 2021-03-10 0491 PPS 7470 SW 122nd Ter, Cedar Key, FL, 32625-2604
Loan Status Date 2021-10-09
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 19340
Loan Approval Amount (current) 19340
Undisbursed Amount 0
Franchise Name -
Lender Location ID 17616
Servicing Lender Name Seacoast National Bank
Servicing Lender Address 815 Colorado Ave, STUART, FL, 34994-3053
Rural or Urban Indicator R
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Cedar Key, LEVY, FL, 32625-2604
Project Congressional District FL-03
Number of Employees 4
NAICS code 238220
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 113116
Originating Lender Name Seacoast National Bank
Originating Lender Address Chiefland, FL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 19425.96
Forgiveness Paid Date 2021-08-20

Date of last update: 02 Apr 2025

Sources: Florida Department of State