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MINNESOTA STAR, INC. - Florida Company Profile

Company Details

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

MINNESOTA STAR, 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: Inactive

The business entity is inactive. This status may signal operational issues or voluntary closure, raising concerns about the business's ability to repay loans and requiring careful risk assessment by lenders.

Date Filed: 25 Nov 1996 (28 years ago)
Date of dissolution: 22 Sep 2023 (a year ago)
Last Event: ADMIN DISSOLUTION FOR ANNUAL REPORT
Event Date Filed: 22 Sep 2023 (a year ago)
Document Number: P96000096054
FEI/EIN Number 650709159

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

Address: 2400 PALM RIDGE RD, SANIBEL, FL, 33957, US
Mail Address: 2400 PALM RIDGE RD, SANIBEL, FL, 33957, US
ZIP code: 33957
County: Lee
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
CORACE ARTHUR L Secretary 2400 PALM RIDGE RD, SANIBEL, FL, 33957
CORACE SANDRA L Vice President 2400 PALM RIDGE RD, SANIBEL, FL, 33957
CORACE ARTHUR L President 2400 PALM RIDGE RD, SANIBEL, FL, 33957
CORACE ARTHUR L Agent C/O REMAX OF THE ISLANDS, SANIBEL, FL, 33957

Fictitious Names

Registration Number Fictitious Name Status Filed Date Expiration Date Cancellation Date Mailing Address
G20000060429 RE/MAX OF THE ISLANDS ACTIVE 2020-06-02 2025-12-31 - 2400 PALM RIDGE ROAD # C-1, SANIBEL, FL, 33957

Events

Event Type Filed Date Value Description
ADMIN DISSOLUTION FOR ANNUAL REPORT 2023-09-22 - -
REVOCATION OF VOLUNTARY DISSOLUT 2023-02-23 - -
VOLUNTARY DISSOLUTION 2023-02-16 - -
REGISTERED AGENT NAME CHANGED 2020-01-16 CORACE, ARTHUR L -
CHANGE OF PRINCIPAL ADDRESS 2019-03-13 2400 PALM RIDGE RD, C1, SANIBEL, FL 33957 -
CHANGE OF MAILING ADDRESS 2019-03-13 2400 PALM RIDGE RD, C1, SANIBEL, FL 33957 -
REGISTERED AGENT ADDRESS CHANGED 2019-03-13 C/O REMAX OF THE ISLANDS, 2400 PALM RIDGE ROAD, C1, SANIBEL, FL 33957 -

Documents

Name Date
Revocation of Dissolution 2023-02-23
VOLUNTARY DISSOLUTION 2023-02-16
ANNUAL REPORT 2022-01-26
ANNUAL REPORT 2021-02-03
ANNUAL REPORT 2020-01-16
ANNUAL REPORT 2019-03-13
ANNUAL REPORT 2018-03-22
ANNUAL REPORT 2017-02-10
ANNUAL REPORT 2016-03-12
ANNUAL REPORT 2015-02-02

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
5915078110 2020-07-20 0455 PPP 2400 PALM RIDGE RD, SANIBEL, FL, 33957-3202
Loan Status Date 2021-03-19
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 25100
Loan Approval Amount (current) 25100
Undisbursed Amount 0
Franchise Name Reach Stretch Studios
Lender Location ID 317474
Servicing Lender Name Sanibel Captiva Community Bank
Servicing Lender Address 2475 Library Way, SANIBEL, FL, 33957-3215
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address SANIBEL, LEE, FL, 33957-3202
Project Congressional District FL-19
Number of Employees 3
NAICS code 531210
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 317474
Originating Lender Name Sanibel Captiva Community Bank
Originating Lender Address SANIBEL, FL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 25247.81
Forgiveness Paid Date 2021-02-19

Date of last update: 02 Mar 2025

Sources: Florida Department of State