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PALMER INDUSTRIAL CORPORATION - Florida Company Profile

Company Details

Entity Name: PALMER INDUSTRIAL CORPORATION
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

PALMER INDUSTRIAL CORPORATION 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: 10 Feb 1992 (33 years ago)
Document Number: V13432
FEI/EIN Number 650311570

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

Address: 1501 S.E. DECKER AVENUE, UNIT 409, STUART, FL, 34994, US
Mail Address: 1501 S.E. DECKER AVENUE, UNIT 409, STUART, FL, 34994, US
ZIP code: 34994
County: Martin
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
PALMER NEIL A Director 1501 DECKER AVE UNIT 409, STUART, FL
PALMER RITA M Director 1501 DECKER AVE. UNIT 409, STUART, FL, 34994
PALMER SCOTT M President 1501 S.E. DECKER AVENUE, STUART, FL, 34994
PALMER Scott M Agent 1501 S.E. DECKER AVENUE, STUART, FL, 34994

Events

Event Type Filed Date Value Description
REGISTERED AGENT NAME CHANGED 2023-01-17 PALMER, Scott M -
CHANGE OF MAILING ADDRESS 2009-01-07 1501 S.E. DECKER AVENUE, UNIT 409, STUART, FL 34994 -
REGISTERED AGENT ADDRESS CHANGED 2009-01-07 1501 S.E. DECKER AVENUE, UNIT 409, STUART, FL 34994 -
CHANGE OF PRINCIPAL ADDRESS 1993-07-28 1501 S.E. DECKER AVENUE, UNIT 409, STUART, FL 34994 -

Documents

Name Date
ANNUAL REPORT 2024-05-09
ANNUAL REPORT 2023-01-17
ANNUAL REPORT 2022-01-06
ANNUAL REPORT 2021-01-15
ANNUAL REPORT 2020-01-06
ANNUAL REPORT 2019-01-10
ANNUAL REPORT 2018-01-08
ANNUAL REPORT 2017-01-09
ANNUAL REPORT 2016-01-06
ANNUAL REPORT 2015-01-14

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
4890508400 2021-02-07 0455 PPS 1501 SE Decker Ave Ste 409, Stuart, FL, 34994-3964
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) 22765
Loan Approval Amount (current) 22765
Undisbursed Amount 0
Franchise Name -
Lender Location ID 117723
Servicing Lender Name SouthState Bank, National Association
Servicing Lender Address 1101 First St South, WINTER HAVEN, FL, 33880-3908
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Stuart, MARTIN, FL, 34994-3964
Project Congressional District FL-21
Number of Employees 3
NAICS code 561499
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Subchapter S Corporation
Originating Lender ID 117723
Originating Lender Name SouthState Bank, National Association
Originating Lender Address WINTER HAVEN, FL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 22875.66
Forgiveness Paid Date 2021-08-13
1959947304 2020-04-28 0455 PPP 1501 Southeast Decker Avenue 409, STUART, FL, 34994-0000
Loan Status Date 2021-01-21
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 22230
Loan Approval Amount (current) 22230
Undisbursed Amount 0
Franchise Name -
Lender Location ID 117723
Servicing Lender Name SouthState Bank, National Association
Servicing Lender Address 1101 First St South, WINTER HAVEN, FL, 33880-3908
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description Unanswered
Project Address STUART, MARTIN, FL, 34994-1001
Project Congressional District FL-21
Number of Employees 3
NAICS code 423610
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Subchapter S Corporation
Originating Lender ID 117723
Originating Lender Name SouthState Bank, National Association
Originating Lender Address WINTER HAVEN, FL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 22367.08
Forgiveness Paid Date 2020-12-15

Date of last update: 01 Mar 2025

Sources: Florida Department of State