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PARAMETRIC SOLUTIONS INC. - Florida Company Profile

Company Details

Entity Name: PARAMETRIC SOLUTIONS INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

PARAMETRIC SOLUTIONS 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: 01 Dec 1994 (30 years ago)
Last Event: CORPORATE MERGER
Event Date Filed: 07 Dec 1994 (30 years ago)
Document Number: P94000087127
FEI/EIN Number 251705516

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

Address: 831 Jupiter Park Drive, JUPITER, FL, 33458, US
Mail Address: 831 Jupiter Park Drive, JUPITER, FL, 33458, US
ZIP code: 33458
County: Palm Beach
Place of Formation: FLORIDA

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
PARAMETRIC SOLUTIONS, INC, EMPLOYEE WELFARE BENEFIT PLAN 2015 251705516 2016-07-29 PARAMETRIC SOLUTIONS, INC. 14
File View Page
Three-digit plan number (PN) 501
Effective date of plan 2012-01-01
Business code 541330
Sponsor’s telephone number 5617476107
Plan sponsor’s mailing address 831 JUPITER PARK DR, JUPITER, FL, 334588946
Plan sponsor’s address 831 JUPITER PARK DR, JUPITER, FL, 334588946

Plan administrator’s name and address

Administrator’s EIN 650551657
Plan administrator’s name LYNN RANCE
Plan administrator’s address 2336 SE OCEAN BLVD STE 301, STUART, FL, 349963310
Administrator’s telephone number 8007265603

Number of participants as of the end of the plan year

Active participants 142
Retired or separated participants receiving benefits 5
Other retired or separated participants entitled to future benefits 0

Signature of

Role Plan administrator
Date 2016-07-29
Name of individual signing KELLEY SHINKEVICH
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2016-07-29
Name of individual signing KELLEY SHINKEVICH
Valid signature Filed with authorized/valid electronic signature
PARAMETRIC SOLUTIONS INC 401(K) PROFIT SHARING PLAN AND TRUST 2013 251705516 2014-10-15 PARAMETRIC SOLUTIONS, INC. 109
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Three-digit plan number (PN) 001
Effective date of plan 2008-01-01
Business code 541330
Sponsor’s telephone number 5617476107
Plan sponsor’s address 900 EAST INDIANTOWN ROAD, SUITE 200, JUPITER, FL, 33477
PARAMETRIC SOLUTIONS INC 401(K) PROFIT SHARING PLAN AND TRUST 2012 251705516 2013-10-15 PARAMETRIC SOLUTIONS, INC. 107
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2008-01-01
Business code 541330
Sponsor’s telephone number 5617476107
Plan sponsor’s address 900 EAST INDIANTOWN ROAD, SUITE 200, JUPITER, FL, 33477

Signature of

Role Plan administrator
Date 2013-10-15
Name of individual signing M. CATHERINE BARRE
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2013-10-15
Name of individual signing M. CATHERINE BARRE
Valid signature Filed with authorized/valid electronic signature

Key Officers & Management

Name Role Address
HAAS JOEL C Director 831 JUPITER PARK DRIVE, JUPITER, FL, 33458
CUSANO DAVID M Director 18969 SE KOKOMO LANE, JUPITER, FL, 33458
MICHAELIAN DARYL H Director 5341 S.E. MEADOW SPRINGS BLVD., STUART, FL, 34997
OLSEN DAVID R Director 647 CYPRESS GREEN CIRCLE, WELLINGTON, FL, 33414
PRUS GARY P Director 19618 HARBOR RD. S., JUPITER, FL, 33469
OLSEN DAVID Agent 831 Jupiter Park Drive, JUPITER, FL, 33458

Events

Event Type Filed Date Value Description
REGISTERED AGENT NAME CHANGED 2024-04-30 OLSEN, DAVID -
CHANGE OF PRINCIPAL ADDRESS 2016-03-01 831 Jupiter Park Drive, JUPITER, FL 33458 -
CHANGE OF MAILING ADDRESS 2016-03-01 831 Jupiter Park Drive, JUPITER, FL 33458 -
REGISTERED AGENT ADDRESS CHANGED 2016-03-01 831 Jupiter Park Drive, JUPITER, FL 33458 -
CORPORATE MERGER 1994-12-07 - CORPORATION WAS A MERGER RESULT. TOTAL NUMBER OF QUALIFIED CORPORATION(S) INVOLVED WAS 0. CORPORATE MERGER NUMBER 500000005165

Documents

Name Date
ANNUAL REPORT 2024-04-30
ANNUAL REPORT 2023-04-24
ANNUAL REPORT 2022-03-29
ANNUAL REPORT 2021-04-06
ANNUAL REPORT 2020-06-19
ANNUAL REPORT 2019-03-13
ANNUAL REPORT 2018-03-01
ANNUAL REPORT 2017-03-07
ANNUAL REPORT 2016-03-01
ANNUAL REPORT 2015-03-02

USAspending Awards. Contracts

Contract Type Award or IDV Flag PIID Start Date Current End Date Potential End Date
- IDV GS10F0297V 2009-08-17 - -
Unique Award Key CONT_IDV_GS10F0297V_4730
Awarding Agency General Services Administration
Link View Page

Award Amounts

Obligated Amount 0.00
Potential Award Amount 6000000.00

Description

Title FEDERAL SUPPLY SCHEDULE CONTRACT.
NAICS Code 541712: RESEARCH AND DEVELOPMENT IN THE PHYSICAL, ENGINEERING, AND LIFE SCIENCES (EXCEPT BIOTECHNOLOGY)
Product and Service Codes R425: ENGINEERING AND TECHNICAL SERVICES

Recipient Details

Recipient PARAMETRIC SOLUTIONS INC.
UEI NAL8D97T7AS7
Recipient Address 900 E INDIANTOWN RD STE 200, JUPITER, PALM BEACH, FLORIDA, 334775142, UNITED STATES

USAspending Awards. Financial Assistance

FAIN Awarding Agency Assistance Listings Start Date End Date Description
2674986005 Small Business Administration 59.041 - 504 CERTIFIED DEVELOPMENT LOANS - - TO ASSIST SMALL BUSINESS CONCERNS BY PROVIDING LONG TERM FINANCING THROUGH THE SALE OF DEBENTURES TO THE PRIVATE SECTOR
Recipient PARAMETRIC SOLUTIONS INC
Recipient Name Raw PARAMETRIC SOLUTIONS INC
Recipient Address 400 TONEY PENNA DRIVE, JUPITER, PALM BEACH, FLORIDA, 33458-0000, UNITED STATES
Obligated Amount 0.00
Non-Federal Funding 0.00
Original Subsidy Cost 0.00
Face Value of Direct Loan 0.00
Link View Page

OSHA's Inspections within Industry

Inspection Nr Report ID Date Opened Site Address
341093300 0418800 2015-12-02 831 JUPITER PARK DR., JUPITER, FL, 33477
Inspection Type Complaint
Scope Partial
Safety/Health Safety
Close Conference 2015-12-02
Case Closed 2016-02-09

Related Activity

Type Complaint
Activity Nr 1041109
Safety Yes
Health Yes

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
1787008608 2021-03-13 0455 PPS 831 Jupiter Park Dr, Jupiter, FL, 33458-8946
Loan Status Date 2022-05-18
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 2000000
Loan Approval Amount (current) 2000000
Undisbursed Amount 0
Franchise Name -
Lender Location ID 9551
Servicing Lender Name Bank of America, National Association
Servicing Lender Address 100 N Tryon St, Ste 170, CHARLOTTE, NC, 28202-4024
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Jupiter, PALM BEACH, FL, 33458-8946
Project Congressional District FL-21
Number of Employees 177
NAICS code 541330
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 9551
Originating Lender Name Bank of America, National Association
Originating Lender Address CHARLOTTE, NC
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 2021095.89
Forgiveness Paid Date 2022-04-05
5366467708 2020-05-01 0455 PPP 831 JUPITER PARK DR, JUPITER, FL, 33458-8946
Loan Status Date 2022-05-18
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 4953819
Loan Approval Amount (current) 4953819
Undisbursed Amount 0
Franchise Name -
Lender Location ID 9551
Servicing Lender Name Bank of America, National Association
Servicing Lender Address 100 N Tryon St, Ste 170, CHARLOTTE, NC, 28202-4024
Rural or Urban Indicator U
Hubzone N
LMI Y
Business Age Description New Business or 2 years or less
Project Address JUPITER, PALM BEACH, FL, 33458-8946
Project Congressional District FL-21
Number of Employees 203
NAICS code 541330
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 9551
Originating Lender Name Bank of America, National Association
Originating Lender Address CHARLOTTE, NC
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 5051131.01
Forgiveness Paid Date 2022-04-21

U.S. Small Business Administration Profile

Status User ID Name of Firm Trade Name UEI Address
Active P0632731 PARAMETRIC SOLUTIONS INC. - NAL8D97T7AS7 831 JUPITER PARK DR, JUPITER, FL, 33458-8946
Capabilities Statement Link -
Phone Number 561-747-6107
Fax Number 561-747-1305
E-mail Address mark.nys@psnet.com
WWW Page https://www.psnet.com
E-Commerce Website http://www.psnet.com
Contact Person MARK NYS
County Code (3 digit) 099
Congressional District 21
Metropolitan Statistical Area 8960
CAGE Code 0XF08
Year Established 1993
Accepts Government Credit Card Yes
Legal Structure Subchapter S Corporation
Ownership and Self-Certifications -
Business Development Servicing Office SOUTH FLORIDA DISTRICT OFFICE (SBA office code 0455)
Capabilities Narrative Engineering design/analysis - product development, structural, kinematics, vibration, heat transfer, CFD, aero-performance, impact simulation, composites. Procure, assemble, instrument, test. Aircraft engines, power turbines.
Special Equipment/Materials ANSYS, CFX, Fluent, Gas-Turb, ProE, Unigraphics, ISO, data collection, gas turbine testing,
Business Type Percentages Research and Development (25 %) Service (75 %)
Keywords engineering, aerospace, design, modeling, kinematics, CFD, structural, analysis, thermal, prototype, turbomachinery, product development, CAD/CAM, aerodynamics, performance, vibration, fluid flow, heat transfer, turbine, blade, vane, combustion, environmental, finite element
Quality Assurance Standards ISO-9000 Series
Electronic Data Interchange capable -

Current Principals

Name M. Catherine Haas Barre
Role President
Name Joel C. Haas
Role CEO
Name Daryl Michaelian
Role VP

SBA Federal Certifications

HUBZone Certified No
Women Owned Certified No
Women Owned Pending No
Economically Disadvantaged Women Owned Certified No
Economically Disadvantaged Women Owned Pending No
Veteran-Owned Small Business Certified No
Veteran-Owned Small Business Joint Venture No
Service-Disabled Veteran-Owned Small Business Certified No
Service-Disabled Veteran-Owned Small Business Joint Venture No

Bonding Levels

Description Construction Bonding Level (per contract)
Level $0
Description Construction Bonding Level (aggregate)
Level $0
Description Service Bonding Level (per contract)
Level $0
Description Service Bonding Level (aggregate)
Level $0

NAICS Codes with Size Determinations by NAICS

Primary Yes
Code 541330
NAICS Code's Description Engineering ServicesGeneral $22.50m Small Business Size Standard: [Yes]Special $41.50m Military and Aerospace Equipment and Military Weapons: [Yes]Special $41.50m Contracts and Subcontracts for Engineering Services Awarded Under the National Energy Policy Act of 1992: [Yes]Special $41.50m Marine Engineering and Naval Architecture: [Yes] (4)
Buy Green Yes
Code 336411
NAICS Code's Description Aircraft Manufacturing
Buy Green Yes
Code 336412
NAICS Code's Description Aircraft Engine and Engine Parts Manufacturing
Buy Green Yes
Code 336413
NAICS Code's Description Other Aircraft Part and Auxiliary Equipment Manufacturing
Buy Green Yes
Code 541380
NAICS Code's Description Testing Laboratories and Services
Buy Green No
Code 541715
NAICS Code's Description Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) General 1000 Employees Small Business Size Standard: [Yes]Special 1500 Employees Aircraft, Aircraft Engine and Engine Parts: [Yes]Special 1250 Employees Other Aircraft Parts and Auxiliary Equipment: [Yes]Special 1250 Employees Guided Missiles and Space Vehicles, Their Propulsion Units and Propulsion Parts: [Yes]
Buy Green Yes

Export Profile (Trade Mission Online)

Exporter Yes
Export Business Activities Manufacturer, Service(s), Consultant
Exporting to Australia; Bermuda; Belgium; Bahamas, The; Brazil; Canada; Ireland; France; Germany; India; Italy; Japan; Latvia; Lithuania; Mexico; Netherlands; New Zealand; Philippines; Spain; Sweden; Switzerland; United Kingdom
Desired Export Business Relationships Direct export sales, Contract manufacturing, Joint venture/coventure, Alliances
Description of Export Objective(s) Export products and services similar to our current offerings

Date of last update: 02 Apr 2025

Sources: Florida Department of State