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  5. DEVELOPMENT ASSOCIATES, INC.

DEVELOPMENT ASSOCIATES, INC.

Company Details

Name: DEVELOPMENT ASSOCIATES, INC.
Jurisdiction: Rhode Island
Entity type: Domestic Profit Corporation
Status: Dissolved
Date of Organization in Rhode Island: 29 Dec 1977 (47 years ago)
Date of Dissolution: 04 Nov 2021 (3 years ago)
Date of Status Change: 04 Nov 2021 (3 years ago)
Identification Number: 000007058
ZIP code: 02852
County: Washington County
Principal Address: 300 OLD BAPTIST ROAD, NORTH KINGSTOWN, RI, 02852, USA
Purpose: MANUFACTURER OF SYNTHETIC COATINGS

Industry & Business Activity

NAICS

325211 Plastics Material and Resin Manufacturing

This U.S. industry comprises establishments primarily engaged in (1) manufacturing resins, plastics materials, and nonvulcanizable thermoplastic elastomers and mixing and blending resins on a custom basis and/or (2) manufacturing noncustomized synthetic resins. Learn more at the U.S. Census Bureau

Companies doing Plastics material and resin manufacturing

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
DEVELOPMENT ASSOCIATES INC 401(K) PROFIT SHARING PLAN & TRUST 2021 050375380 2022-04-04 DEVELOPMENT ASSOCIATES INC 9
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1996-09-01
Business code 325200
Sponsor’s telephone number 4018841350
Plan sponsor’s address 300 OLD BAPTIST RD, NORTH KINGSTOWN, RI, 028522598

Signature of
Role Plan administrator
Date 2022-04-04
Name of individual signing PAUL NANNIG
Valid signature Filed with authorized/valid electronic signature
DEVELOPMENT ASSOCIATES INC 401(K) PROFIT SHARING PLAN & TRUST 2020 050375380 2021-04-26 DEVELOPMENT ASSOCIATES INC 14
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1996-09-01
Business code 325200
Sponsor’s telephone number 4018841350
Plan sponsor’s address 300 OLD BAPTIST RD, NORTH KINGSTOWN, RI, 028522598

Signature of
Role Plan administrator
Date 2021-04-26
Name of individual signing PAUL NANNIG
Valid signature Filed with authorized/valid electronic signature
DEVELOPMENT ASSOCIATES INC 401(K) PROFIT SHARING PLAN & TRUST 2019 050375380 2020-05-07 DEVELOPMENT ASSOCIATES INC 15
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1996-09-01
Business code 325200
Sponsor’s telephone number 4018841350
Plan sponsor’s address 300 OLD BAPTIST RD, NORTH KINGSTOWN, RI, 028522598

Signature of
Role Plan administrator
Date 2020-05-07
Name of individual signing PAUL NANNIG
Valid signature Filed with authorized/valid electronic signature
DEVELOPMENT ASSOCIATES INC 401 K PROFIT SHARING PLAN TRUST 2018 050375380 2019-03-27 DEVELOPMENT ASSOCIATES INC 14
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1996-09-01
Business code 325200
Sponsor’s telephone number 4018841350
Plan sponsor’s address 300 OLD BAPTIST RD, NORTH KINGSTOWN, RI, 028522598

Signature of
Role Plan administrator
Date 2019-03-27
Name of individual signing PAUL NANNIG
Valid signature Filed with authorized/valid electronic signature
DEVELOPMENT ASSOCIATES INC 401 K PROFIT SHARING PLAN TRUST 2017 050375380 2018-07-16 DEVELOPMENT ASSOCIATES INC 15
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1996-09-01
Business code 325200
Sponsor’s telephone number 4018841350
Plan sponsor’s address 300 OLD BAPTIST RD, NORTH KINGSTOWN, RI, 028522598

Signature of
Role Plan administrator
Date 2018-07-16
Name of individual signing PAUL NANNIG
Valid signature Filed with authorized/valid electronic signature
DEVELOPMENT ASSOCIATES INC 401 K PROFIT SHARING PLAN TRUST 2016 050375380 2017-07-14 DEVELOPMENT ASSOCIATES INC 14
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1996-09-01
Business code 325200
Sponsor’s telephone number 4018841350
Plan sponsor’s address 300 OLD BAPTIST RD, NORTH KINGSTOWN, RI, 028522598

Signature of
Role Plan administrator
Date 2017-07-14
Name of individual signing PAUL NANNIG
Valid signature Filed with authorized/valid electronic signature
DEVELOPMENT ASSOCIATES INC 401 K PROFIT SHARING PLAN TRUST 2015 050375380 2016-07-26 DEVELOPMENT ASSOCIATES INC 15
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1996-09-01
Business code 325200
Sponsor’s telephone number 4018841350
Plan sponsor’s address 300 OLD BAPTIST RD, NORTH KINGSTOWN, RI, 028522598

Signature of
Role Plan administrator
Date 2016-07-26
Name of individual signing PAUL NANNIG
Valid signature Filed with authorized/valid electronic signature
DEVELOPMENT ASSOCIATES INC 401 K PROFIT SHARING PLAN TRUST 2014 050375380 2015-05-26 DEVELOPMENT ASSOCIATES INC 15
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1996-09-01
Business code 325200
Sponsor’s telephone number 4018841350
Plan sponsor’s address 300 OLD BAPTIST RD, NORTH KINGSTOWN, RI, 028522598

Signature of
Role Plan administrator
Date 2015-05-26
Name of individual signing PAUL NANNIG
Valid signature Filed with authorized/valid electronic signature
DEVELOPMENT ASSOCIATES INC 401 K PROFIT SHARING PLAN TRUST 2013 050375380 2014-06-12 DEVELOPMENT ASSOCIATES INC 15
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1996-09-01
Business code 325200
Sponsor’s telephone number 4018841350
Plan sponsor’s address 300 OLD BAPTIST RD, NORTH KINGSTOWN, RI, 028522598

Signature of
Role Plan administrator
Date 2014-06-12
Name of individual signing PAUL NANNIG
Valid signature Filed with authorized/valid electronic signature
DEVELOPMENT ASSOCIATES INC 401 K PROFIT SHARING PLAN TRUST 2012 050375380 2013-07-10 DEVELOPMENT ASSOCIATES INC 14
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1996-09-01
Business code 325200
Sponsor’s telephone number 4018841350
Plan sponsor’s address 300 OLD BAPTIST RD, NORTH KINGSTOWN, RI, 028522598

Signature of
Role Plan administrator
Date 2013-07-10
Name of individual signing DEVELOPMENT ASSOCIATES INC
Valid signature Filed with authorized/valid electronic signature

Agent

Name Role Address
URBAN NANNING Agent 300 OLD BAPTIST ROAD, NORTH KINGSTOWN, RI, 02852, USA

PRESIDENT

Name Role Address
DOUGLAS W. NANNIG PRESIDENT 15 CIRCLE DRIVE NORTH KINGSTOWN, RI 02852 USA

TREASURER

Name Role Address
PAUL R NANNIG TREASURER 1 ANCHOR WAY NORTH KINGSTOWN, RI 02852 USA

SECRETARY

Name Role Address
LINDA SHORTMAN SECRETARY 25 HUNTS RIVER DRIVE NORTH KINGSTOWN, RI 02852 USA

VICE PRESIDENT

Name Role Address
PAUL R NANNIG VICE PRESIDENT 1 ANCHOR WAY NORTH KINGSTOW, RI 02852 USA

Filings

Number Name File Date
202104627840 Articles of Dissolution 2021-11-04
202187806680 Annual Report 2021-01-26
202033808710 Annual Report 2020-02-05
201983545010 Annual Report 2019-01-02
201755358600 Annual Report 2017-12-26
201733959030 Annual Report 2017-02-13
201692460530 Annual Report 2016-02-15
201554016530 Annual Report 2015-01-21
201435110360 Annual Report 2014-02-05
201310642340 Annual Report 2013-01-31

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
3965807107 2020-04-12 0165 PPP 300 OLD BAPTIST RD, NORTH KINGSTOWN, RI, 02852-2598
Loan Status Date 2021-04-09
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 125870
Loan Approval Amount (current) 125870
Undisbursed Amount 0
Franchise Name -
Lender Location ID 65777
Servicing Lender Name The Washington Trust Company of Westerly
Servicing Lender Address 23 Broad St, WESTERLY, RI, 02891-1879
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address NORTH KINGSTOWN, WASHINGTON, RI, 02852-2598
Project Congressional District RI-02
Number of Employees 12
NAICS code 325211
Borrower Race White
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 65777
Originating Lender Name The Washington Trust Company of Westerly
Originating Lender Address WESTERLY, RI
Gender Male Owned
Veteran Unanswered
Forgiveness Amount 127020.31
Forgiveness Paid Date 2021-03-23

Related by officers

PAUL R NANNIG

Tepco Inc.

Related by address

300 OLD BAPTIST ROAD, NORTH KINGSTOWN, RI, 02852, USA

THE NANNIG FAMILY REAL ESTATE, LLC Shango Sailing, Ltd.

Date of last update: 06 Apr 2025

Sources: Rhode Island Department of State

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