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PALASAN PROPERTIES, INC. - Florida Company Profile

Company Details

Entity Name: PALASAN PROPERTIES, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

PALASAN PROPERTIES, 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: 19 Oct 1993 (32 years ago)
Last Event: REINSTATEMENT
Event Date Filed: 26 Apr 2001 (24 years ago)
Document Number: P93000072481
FEI/EIN Number 980056042

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

Address: 2915 Biscayne Blvd, Miami, FL, 33137, US
Mail Address: 4955 SW 83rd Street, Miami, FL, 33143, US
ZIP code: 33137
County: Miami-Dade
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
KARAM SIMON President 4955 SW 83RD STREET, MIAMI, FL, 33143
KARAM SIMON Secretary 4955 SW 83RD STREET, MIAMI, FL, 33143
KARAM SIMON Treasurer 4955 SW 83RD STREET, MIAMI, FL, 33143
KARAM SIMON Director 4955 SW 83RD STREET, MIAMI, FL, 33143
KARAM ANTOINE Chief Executive Officer 4955 SW 83rd Street, Miami, FL, 33143
GRAYSON MOISES T Agent 25 S.E. SECOND AVENUE, MIAMI, FL, 33131

Events

Event Type Filed Date Value Description
CHANGE OF PRINCIPAL ADDRESS 2023-01-19 2915 Biscayne Blvd, Suite 305, Miami, FL 33137 -
CHANGE OF MAILING ADDRESS 2015-04-15 2915 Biscayne Blvd, Suite 305, Miami, FL 33137 -
REGISTERED AGENT NAME CHANGED 2008-02-12 GRAYSON, MOISES T -
REGISTERED AGENT ADDRESS CHANGED 2008-02-12 25 S.E. SECOND AVENUE, SUITE 730, MIAMI, FL 33131 -
REINSTATEMENT 2001-04-26 - -
ADMIN DISSOLUTION FOR ANNUAL REPORT 2000-09-22 - -

Documents

Name Date
ANNUAL REPORT 2024-03-05
ANNUAL REPORT 2023-01-19
AMENDED ANNUAL REPORT 2022-08-22
ANNUAL REPORT 2022-01-28
ANNUAL REPORT 2021-02-02
ANNUAL REPORT 2020-02-26
ANNUAL REPORT 2019-02-25
ANNUAL REPORT 2018-01-18
ANNUAL REPORT 2017-04-04
ANNUAL REPORT 2016-04-11

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
6349028704 2021-04-03 0455 PPP 4955 SW 83rd St, Miami, FL, 33143-8507
Loan Status Date 2021-09-29
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 45300
Loan Approval Amount (current) 45300
Undisbursed Amount 0
Franchise Name -
Lender Location ID 123625
Servicing Lender Name Popular Bank
Servicing Lender Address 11 W 51st St, NEW YORK CITY, NY, 10019-6994
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Miami, MIAMI-DADE, FL, 33143-8507
Project Congressional District FL-27
Number of Employees 3
NAICS code 531120
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 123625
Originating Lender Name Popular Bank
Originating Lender Address NEW YORK CITY, NY
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 45457.29
Forgiveness Paid Date 2021-08-10

Date of last update: 01 Apr 2025

Sources: Florida Department of State