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SATYA, INC. - Florida Company Profile

Company Details

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

SATYA, 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: 24 Oct 1996 (28 years ago)
Document Number: P96000087576
FEI/EIN Number 650701923

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

Address: 811 S TAMIAMI TRAIL, SARASOTA, FL, 34236
Mail Address: 811 S TAMIAMI TRAIL, SARASOTA, FL, 34236
ZIP code: 34236
County: Sarasota
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
PATEL PRAKASH President 811 S TAMIAMI TR, SARASOTA, FL, 34236
PATEL DAXA P Vice President 811 S TAMIAMI TR, SARASOTA, FL, 34236
PATEL PRAKASH P Agent 811 S TAMIAMI TRAIL, SARASOTA, FL, 34236

Fictitious Names

Registration Number Fictitious Name Status Filed Date Expiration Date Cancellation Date Mailing Address
G11000029617 AMERICAS BEST VALUE INN - SARASOTA ACTIVE 2011-03-23 2026-12-31 - 811 S TAMIAMI TR, SARASOTA, FL, 34236
G09103900095 HOWARD JOHNSON INN EXPIRED 2009-04-13 2014-12-31 - 811 SOUTH TAMIAMI TRAIL, SARASOTA, FL, 34236

Events

Event Type Filed Date Value Description
REGISTERED AGENT NAME CHANGED 2011-01-18 PATEL, PRAKASH P -
CHANGE OF PRINCIPAL ADDRESS 2005-07-07 811 S TAMIAMI TRAIL, SARASOTA, FL 34236 -
CHANGE OF MAILING ADDRESS 2005-07-07 811 S TAMIAMI TRAIL, SARASOTA, FL 34236 -
REGISTERED AGENT ADDRESS CHANGED 2005-07-07 811 S TAMIAMI TRAIL, SARASOTA, FL 34236 -

Documents

Name Date
ANNUAL REPORT 2024-03-16
ANNUAL REPORT 2023-02-19
ANNUAL REPORT 2022-03-27
ANNUAL REPORT 2021-02-19
ANNUAL REPORT 2020-03-20
ANNUAL REPORT 2019-03-10
ANNUAL REPORT 2018-03-01
ANNUAL REPORT 2017-03-18
ANNUAL REPORT 2016-02-11
ANNUAL REPORT 2015-04-11

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
2818527308 2020-04-29 0455 PPP 811 S Tamiami Trail, Sarasota, FL, 34236
Loan Status Date 2021-03-19
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 46354
Loan Approval Amount (current) 41500
Undisbursed Amount 0
Franchise Name -
Lender Location ID 123499
Servicing Lender Name BayFirst National Bank
Servicing Lender Address 700 Central Avenue, Saint Petersburg, FL, 33701
Rural or Urban Indicator U
Hubzone Y
LMI N
Business Age Description Unanswered
Project Address Sarasota, SARASOTA, FL, 34236-0001
Project Congressional District FL-17
Number of Employees 11
NAICS code 721110
Borrower Race Asian
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 123499
Originating Lender Name BayFirst National Bank
Originating Lender Address Saint Petersburg, FL
Gender Female Owned
Veteran Non-Veteran
Forgiveness Amount 41827.45
Forgiveness Paid Date 2021-02-25
4442808305 2021-01-23 0455 PPS 811 S Tamiami Trl, Sarasota, FL, 34236-7824
Loan Status Date 2022-02-18
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 64897
Loan Approval Amount (current) 58201
Undisbursed Amount 0
Franchise Name Americas Best Value Inn
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 Y
LMI N
Business Age Description Existing or more than 2 years old
Project Address Sarasota, SARASOTA, FL, 34236-7824
Project Congressional District FL-17
Number of Employees 3
NAICS code 721110
Borrower Race Asian
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 123499
Originating Lender Name BayFirst National Bank
Originating Lender Address Saint Petersburg, FL
Gender Female Owned
Veteran Non-Veteran
Forgiveness Amount 58596.45
Forgiveness Paid Date 2021-10-25

Date of last update: 02 Apr 2025

Sources: Florida Department of State