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BEST ELECTRIC OF SARASOTA, INC. - Florida Company Profile

Company Details

Entity Name: BEST ELECTRIC OF SARASOTA, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

BEST ELECTRIC OF SARASOTA, 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: 12 Nov 1992 (32 years ago)
Document Number: P92000003717
FEI/EIN Number 650368771

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

Address: 144 TRIPLE DIAMOND BLVD, STE E, NORTH VENICE, FL, 34275, US
Mail Address: P.O. BOX 758, LAUREL, FL, 34272, US
ZIP code: 34275
County: Sarasota
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
PARKER RUTH A President 1951 MISSION VALLEY BLVD., NOKOMIS, FL, 34275
PARRISH RONALD W Vice President 23330 DUCHESS AVENUE, PORT CHARLOTTE, FL, 33954
BAILEY ANGELA M Secretary 19400 BLUFF DR, VENICE, FL, 34292
PARKER RUTH A Treasurer 1951 MISSION VALLEY BLVD, NOKOMIS, FL, 34275
Parker Ruth Agent 1951 Mission Valley Blvd, Nokomis, FL, 34275
Bailey Carl Vice President 19400 Bluff Dr, Venice, FL, 34292

Events

Event Type Filed Date Value Description
REGISTERED AGENT NAME CHANGED 2023-01-17 Parker, Ruth -
REGISTERED AGENT ADDRESS CHANGED 2023-01-17 1951 Mission Valley Blvd, Nokomis, FL 34275 -
CHANGE OF PRINCIPAL ADDRESS 2020-12-16 144 TRIPLE DIAMOND BLVD, STE E, NORTH VENICE, FL 34275 -
CHANGE OF MAILING ADDRESS 2013-04-29 144 TRIPLE DIAMOND BLVD, STE E, NORTH VENICE, FL 34275 -

Documents

Name Date
AMENDED ANNUAL REPORT 2024-10-25
ANNUAL REPORT 2024-03-05
AMENDED ANNUAL REPORT 2023-07-31
ANNUAL REPORT 2023-01-17
ANNUAL REPORT 2022-02-04
ANNUAL REPORT 2021-02-08
ANNUAL REPORT 2020-01-28
ANNUAL REPORT 2019-04-03
ANNUAL REPORT 2018-04-19
ANNUAL REPORT 2017-03-16

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
5859717001 2020-04-06 0455 PPP 120 Triple Diamond Blvd, NOKOMIS, FL, 34275-3631
Loan Status Date 2022-02-18
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 34032.5
Loan Approval Amount (current) 34032
Undisbursed Amount 0
Franchise Name -
Lender Location ID 188567
Servicing Lender Name Loan Source Incorporated
Servicing Lender Address 353 East 83rd Street Suite 3H, NEW YORK, NY, 10028
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address NOKOMIS, SARASOTA, FL, 34275-3631
Project Congressional District FL-17
Number of Employees 4
NAICS code 238210
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 36581
Originating Lender Name Stearns Bank National Association
Originating Lender Address SAINT CLOUD, MN
Gender Male Owned
Veteran Veteran
Forgiveness Amount 34429.2
Forgiveness Paid Date 2021-06-15
7954308305 2021-01-28 0455 PPS 414 E Venice Ave, Venice, FL, 34285-4631
Loan Status Date 2022-09-20
Loan Status Charged Off
Loan Maturity in Months 40
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 32200
Loan Approval Amount (current) 32200
Undisbursed Amount 0
Franchise Name -
Lender Location ID 188567
Servicing Lender Name Loan Source Incorporated
Servicing Lender Address 353 East 83rd Street Suite 3H, NEW YORK, NY, 10028
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Venice, SARASOTA, FL, 34285-4631
Project Congressional District FL-17
Number of Employees 4
NAICS code 238210
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 29599
Originating Lender Name Northeast Bank
Originating Lender Address LEWISTON, ME
Gender Male Owned
Veteran Veteran
Forgiveness Amount -
Forgiveness Paid Date -

Date of last update: 02 Apr 2025

Sources: Florida Department of State