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BUDGET INNS OF PENSACOLA, INC. - Florida Company Profile

Company Details

Entity Name: BUDGET INNS OF PENSACOLA, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

BUDGET INNS OF PENSACOLA, 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: 19 May 1992 (33 years ago)
Last Event: AMENDMENT
Event Date Filed: 28 Apr 2006 (19 years ago)
Document Number: V37955
FEI/EIN Number 593138119

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

Address: 6911 PENSACOLA BLVD, PENSACOLA, FL, 32505, US
Mail Address: 6911 PENSACOLA BLVD, PENSACOLA, FL, 32505, US
ZIP code: 32505
County: Escambia
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
PATEL ANIMESH M President 2012 HESPERIA WAY, PENSACOLA, FL, 32505
PATEL ANIMESH M Treasurer 2012 HESPERIA WAY, PENSACOLA, FL, 32505
PATEL ANIMESH M Director 2012 HESPERIA WAY, PENSACOLA, FL, 32505
PATEL MADHU Director 2012 HESPERIA WAY, PENSACOLA, FL, 32505
PATEL ANIMESH M Agent 6911,PENSACOLA BLVD, PENSACOLA, FL, 32505

Fictitious Names

Registration Number Fictitious Name Status Filed Date Expiration Date Cancellation Date Mailing Address
G21000059203 OYO HOTEL-PENSACOLA ACTIVE 2021-04-29 2026-12-31 - 6911 PENSACOLA BLVD, PENSACOLA, FL, 32505
G20000140067 PALM COURT INN & SUITES ACTIVE 2020-10-29 2025-12-31 - 6911 PENSACOLA BLVD, PENSACOLA, FL, 32505
G11000029431 PALMCOURT INN & SUITES EXPIRED 2011-03-17 2016-12-31 - 2012 HESPERIA WAY, PENSACOLA, FL, 32505

Events

Event Type Filed Date Value Description
CHANGE OF MAILING ADDRESS 2012-03-01 6911 PENSACOLA BLVD, PENSACOLA, FL 32505 -
CHANGE OF PRINCIPAL ADDRESS 2011-03-13 6911 PENSACOLA BLVD, PENSACOLA, FL 32505 -
REGISTERED AGENT ADDRESS CHANGED 2009-02-16 6911,PENSACOLA BLVD, PENSACOLA, FL 32505 -
REGISTERED AGENT NAME CHANGED 2007-01-03 PATEL, ANIMESH M -
AMENDMENT 2006-04-28 - -
REINSTATEMENT 1997-12-15 - -
ADMIN DISSOLUTION FOR ANNUAL REPORT 1997-09-26 - -

Debts

Document Number Status Case Number Name of Court Date of Entry Expiration Date Amount Due Plaintiff
J12000243694 LAPSED 2009 CA 001245 ESCAMBIA CIRCUIT COURT 2012-02-08 2017-04-03 $18,552.00 CENTURY SURETY COMPANY, 465 CLEVELAND AVE, WESTERVILLE, OHIO 43082
J04000030049 LAPSED 2002 CA 001350 CIRCUIT, ESCAMBIA COUNTY 2004-02-05 2009-03-19 $22,880.50 PAYROLL MANAGEMENT, INC., 127 MIRACLE STRIP PARKWAY SW, SUITE N-5, FORT WALTON BEACH, FL 32548-6614

Documents

Name Date
ANNUAL REPORT 2025-01-27
ANNUAL REPORT 2024-01-26
ANNUAL REPORT 2023-01-24
ANNUAL REPORT 2022-03-01
ANNUAL REPORT 2021-01-29
ANNUAL REPORT 2020-02-03
ANNUAL REPORT 2019-02-08
ANNUAL REPORT 2018-02-13
ANNUAL REPORT 2017-03-10
ANNUAL REPORT 2016-03-26

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
3998957102 2020-04-12 0491 PPP 2012 Hesperia Way, Pensacola, FL, 32505
Loan Status Date 2021-03-20
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 32000
Loan Approval Amount (current) 32000
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 N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Pensacola, ESCAMBIA, FL, 32505-1000
Project Congressional District FL-01
Number of Employees 10
NAICS code 721110
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 Female Owned
Veteran Non-Veteran
Forgiveness Amount 32264
Forgiveness Paid Date 2021-03-01

Date of last update: 02 Apr 2025

Sources: Florida Department of State