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PRACTICAL MARKETING, INC. - Florida Company Profile

Company Details

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

PRACTICAL MARKETING, 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: 26 Mar 1998 (27 years ago)
Date of dissolution: 21 Nov 2022 (2 years ago)
Last Event: VOLUNTARY DISSOLUTION
Event Date Filed: 21 Nov 2022 (2 years ago)
Document Number: P98000028354
FEI/EIN Number 650822887

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

Address: 1715 se dominic ave, port st lucie, FL, 34952, US
Mail Address: 1715 se dominic ave, port st lucie, FL, 34952, US
ZIP code: 34952
County: St. Lucie
Place of Formation: FLORIDA

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
PRACTICAL MARKETING 401(K) PLAN 2022 650822887 2023-09-22 PRACTICAL MARKETING 2
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2014-01-01
Business code 541800
Sponsor’s telephone number 5612182755
Plan sponsor’s address 1300 N. FEDERAL HWY #102, BOCA RATON, FL, 33432

Signature of

Role Plan administrator
Date 2023-09-22
Name of individual signing VALERIE DESALVO
Valid signature Filed with authorized/valid electronic signature
PRACTICAL MARKETING 401(K) PLAN 2021 650822887 2022-08-12 PRACTICAL MARKETING 2
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2014-01-01
Business code 541800
Sponsor’s telephone number 5612182755
Plan sponsor’s address 1300 N. FEDERAL HWY #102, BOCA RATON, FL, 33432

Signature of

Role Plan administrator
Date 2022-08-12
Name of individual signing VALERIE DESALVO
Valid signature Filed with authorized/valid electronic signature
PRACTICAL MARKETING 401(K) PLAN 2020 650822887 2021-09-30 PRACTICAL MARKETING 3
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2014-01-01
Business code 541800
Sponsor’s telephone number 5612182755
Plan sponsor’s address 1300 N. FEDERAL HWY #102, BOCA RATON, FL, 33432

Signature of

Role Plan administrator
Date 2021-09-30
Name of individual signing VALERIE DESALVO
Valid signature Filed with authorized/valid electronic signature
PRACTICAL MARKETING 401(K) PLAN 2019 650822887 2020-10-14 PRACTICAL MARKETING 3
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2014-01-01
Business code 541800
Sponsor’s telephone number 5612182755
Plan sponsor’s address 1300 N. FEDERAL HWY #102, BOCA RATON, FL, 33432

Signature of

Role Plan administrator
Date 2020-10-14
Name of individual signing VALERIE DESALVO
Valid signature Filed with authorized/valid electronic signature
PRACTICAL MARKETING 401(K) PLAN 2018 650822887 2019-06-28 PRACTICAL MARKETING 2
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2014-01-01
Business code 541800
Sponsor’s telephone number 5612182755
Plan sponsor’s address 1300 N. FEDERAL HWY #102, BOCA RATON, FL, 33432

Signature of

Role Plan administrator
Date 2019-06-28
Name of individual signing VALERIE DESALVO
Valid signature Filed with authorized/valid electronic signature
PRACTICAL MARKETING 401(K) PLAN 2017 650822887 2018-07-25 PRACTICAL MARKETING 2
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2014-01-01
Business code 541800
Sponsor’s telephone number 5612182755
Plan sponsor’s address 1300 N. FEDERAL HWY #102, BOCA RATON, FL, 33432

Signature of

Role Plan administrator
Date 2018-07-25
Name of individual signing VALERIE DESALVO
Valid signature Filed with authorized/valid electronic signature
PRACTICAL MARKETING 401(K) PLAN 2016 650822887 2017-05-30 PRACTICAL MARKETING 2
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2014-01-01
Business code 541800
Sponsor’s telephone number 5612182755
Plan sponsor’s address 11419 W. PALMETTO PARK RD., #970184, BOCA RATON, FL, 334970184

Signature of

Role Plan administrator
Date 2017-05-30
Name of individual signing VALERIE DESALVO
Valid signature Filed with authorized/valid electronic signature
PRACTICAL MARKETING 401(K) PLAN 2015 650822887 2016-06-03 PRACTICAL MARKETING 5
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2014-01-01
Business code 541800
Sponsor’s telephone number 5612182755
Plan sponsor’s address 11419 W. PALMETTO PARK RD., #970184, BOCA RATON, FL, 334970184

Signature of

Role Plan administrator
Date 2016-06-03
Name of individual signing VALERIE DESALVO
Valid signature Filed with authorized/valid electronic signature
PRACTICAL MARKETING 401(K) PLAN 2014 650822887 2015-10-07 PRACTICAL MARKETING 2
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2014-01-01
Business code 541800
Sponsor’s telephone number 5612182755
Plan sponsor’s address 11419 W. PALMETTO PARK RD., SUITE 970184, BOCA RATON, FL, 33497

Signature of

Role Plan administrator
Date 2015-10-07
Name of individual signing VALERIE DESALVO
Valid signature Filed with authorized/valid electronic signature

Key Officers & Management

Name Role Address
DESALVO VALERIE President 1715 SE DOMINIC AVE, PORT ST LUCIE, FL, 34952
DESALVO VALERIE Secretary 1715 SE DOMINIC AVE, PORT ST LUCIE, FL, 34952
DESALVO VALERIE Director 1715 SE DOMINIC AVE, PORT ST LUCIE, FL, 34952
DESALVO, VALERIE Agent 1300 N FEDERAL HWY 102, BOCA RATON, FL, 33432

Fictitious Names

Registration Number Fictitious Name Status Filed Date Expiration Date Cancellation Date Mailing Address
G12000049541 NATURE DIRECT EXPIRED 2012-05-30 2017-12-31 - 22240 KETTLE CREEK WAY, BOCA RATON, FL, 33428

Events

Event Type Filed Date Value Description
VOLUNTARY DISSOLUTION 2022-11-21 - -
CHANGE OF PRINCIPAL ADDRESS 2022-07-06 1715 se dominic ave, port st lucie, FL 34952 -
CHANGE OF MAILING ADDRESS 2022-07-06 1715 se dominic ave, port st lucie, FL 34952 -
REGISTERED AGENT ADDRESS CHANGED 2019-02-07 1300 N FEDERAL HWY 102, BOCA RATON, FL 33432 -
REGISTERED AGENT NAME CHANGED 2001-05-17 DESALVO, VALERIE -

Documents

Name Date
VOLUNTARY DISSOLUTION 2022-11-21
ANNUAL REPORT 2022-01-27
ANNUAL REPORT 2021-01-19
ANNUAL REPORT 2020-01-16
ANNUAL REPORT 2019-02-07
ANNUAL REPORT 2018-03-12
ANNUAL REPORT 2017-01-09
ANNUAL REPORT 2016-01-25
ANNUAL REPORT 2015-01-12
ANNUAL REPORT 2014-01-13

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
5961648704 2021-04-03 0455 PPP 1300 N Federal Hwy Ste 102, Boca Raton, FL, 33432-2848
Loan Status Date 2021-09-28
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 45065
Loan Approval Amount (current) 45065
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 Boca Raton, PALM BEACH, FL, 33432-2848
Project Congressional District FL-23
Number of Employees 3
NAICS code 541860
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 9551
Originating Lender Name Bank of America, National Association
Originating Lender Address CHARLOTTE, NC
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 45240.32
Forgiveness Paid Date 2021-08-26

Date of last update: 02 May 2025

Sources: Florida Department of State