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CONTINENTAL ASSOCIATES INC - Florida Company Profile

Company Details

Entity Name: CONTINENTAL ASSOCIATES INC
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

CONTINENTAL ASSOCIATES 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: 11 Jul 2024 (10 months ago)
Document Number: P24000046442
Address: 7 HIGHLAND FALLS DR, ORMOND BEACH, FL, 32174
Mail Address: PO BOX 731953, ORMOND BEACH, FL, 32173
ZIP code: 32174
County: Volusia
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
LOSEKE DOUGLAS R President 7 HIGHLAND FALLS DR, ORMOND BEACH, FL, 32174
LOSEKE COLLEEN K Secretary 7 HIGHLAND FALLS DR, ORMOND BEACH, FL, 32174
LOSEKE COLLEEN K Treasurer 7 HIGHLAND FALLS DR, ORMOND BEACH, FL, 32174
LOSEKE COLLEEN K Agent 7 HIGHLAND FALLS DR, ORMOND BEACH, FL, 32174

Documents

Name Date
Domestic Profit 2024-07-11

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
3152457406 2020-05-06 0491 PPP 9 SOUTHERN TRACE BLVD, ORMOND BEACH, FL, 32174
Loan Status Date 2021-12-09
Loan Status Charged Off
Loan Maturity in Months 3
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 35200
Loan Approval Amount (current) 35200
Undisbursed Amount 0
Franchise Name -
Lender Location ID 44449
Servicing Lender Name PNC Bank, National Association
Servicing Lender Address 222 Delaware Ave, WILMINGTON, DE, 19801-1621
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Unanswered
Project Address ORMOND BEACH, VOLUSIA, FL, 32174-0001
Project Congressional District FL-06
Number of Employees 2
NAICS code 236115
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 44449
Originating Lender Name PNC Bank, National Association
Originating Lender Address WILMINGTON, DE
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 20598.69
Forgiveness Paid Date 2021-09-02

Date of last update: 01 Apr 2025

Sources: Florida Department of State