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MAGNOLIA GRILL OF FORT WALTON BEACH, INC. - Florida Company Profile

Company Details

Entity Name: MAGNOLIA GRILL OF FORT WALTON BEACH, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

MAGNOLIA GRILL OF FORT WALTON BEACH, 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: 17 Nov 1995 (29 years ago)
Last Event: REINSTATEMENT
Event Date Filed: 05 Apr 2023 (2 years ago)
Document Number: P95000088809
FEI/EIN Number 593354588

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

Address: 157 SE BROOKS ST, FT. WALTON BEACH, FL, 32548
Mail Address: 157 SE BROOKS ST, FT. WALTON BEACH, FL, 32548
ZIP code: 32548
County: Okaloosa
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
RICE THOMAS S Director 159 BROOKS ST. SE #208, FORT WALTON BEACH, FL, 32548
RICE THOMAS S Agent 159 BROOKS ST. SE, FT. WALTON BEACH, FL, 32548

Events

Event Type Filed Date Value Description
REINSTATEMENT 2023-04-05 - -
ADMIN DISSOLUTION FOR ANNUAL REPORT 2022-09-23 - -
REGISTERED AGENT NAME CHANGED 2020-12-01 RICE, THOMAS S -
REINSTATEMENT 2020-12-01 - -
ADMIN DISSOLUTION FOR ANNUAL REPORT 2020-09-25 - -
REGISTERED AGENT ADDRESS CHANGED 2012-02-24 159 BROOKS ST. SE, UNIT 208, FT. WALTON BEACH, FL 32548 -
CHANGE OF PRINCIPAL ADDRESS 2012-02-24 157 SE BROOKS ST, FT. WALTON BEACH, FL 32548 -
CHANGE OF MAILING ADDRESS 2012-02-24 157 SE BROOKS ST, FT. WALTON BEACH, FL 32548 -

Documents

Name Date
ANNUAL REPORT 2024-02-18
REINSTATEMENT 2023-04-05
ANNUAL REPORT 2021-03-21
REINSTATEMENT 2020-12-01
ANNUAL REPORT 2019-04-11
ANNUAL REPORT 2018-02-13
ANNUAL REPORT 2017-02-19
ANNUAL REPORT 2016-02-03
ANNUAL REPORT 2015-02-15
ANNUAL REPORT 2014-01-19

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
2438038504 2021-02-20 0491 PPS 157 Brooks St SE, Fort Walton Beach, FL, 32548-5826
Loan Status Date 2022-01-31
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 35350
Loan Approval Amount (current) 35350
Undisbursed Amount 0
Franchise Name -
Lender Location ID 120708
Servicing Lender Name The First Bank
Servicing Lender Address 6480 Hwy 98, West, HATTIESBURG, MS, 39402
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Fort Walton Beach, OKALOOSA, FL, 32548-5826
Project Congressional District FL-01
Number of Employees 12
NAICS code 722511
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 224465
Originating Lender Name The First Bank
Originating Lender Address Fort Walton Beach, FL
Gender Female Owned
Veteran Non-Veteran
Forgiveness Amount 35612.18
Forgiveness Paid Date 2021-11-22

Date of last update: 03 Apr 2025

Sources: Florida Department of State