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02864
Madeira Asset Holdings, Inc.

Madeira Asset Holdings, Inc.

Company Details

Name:	Madeira Asset Holdings, Inc.
Jurisdiction:	Rhode Island
Entity type:	Domestic Profit Corporation
Status:	Dissolved
Date of Organization in Rhode Island:	14 Sep 1987 (38 years ago)
Date of Dissolution:	15 Dec 2021 (3 years ago)
Date of Status Change:	15 Dec 2021 (3 years ago)
Identification Number:	000008429
ZIP code:	02864
County:	Providence County
Principal Address:	P.O. BOX 7662, CUMBERLAND, RI, 02864, USA
Purpose:	ASSET HOLDING COMPANY
Historical names:	Rhody Rugs, Inc. Rhody Rug, Inc.

Industry & Business Activity

NAICS

314110 Carpet and Rug Mills

This industry comprises establishments primarily engaged in (1) manufacturing woven, tufted, and other carpets and rugs, such as art squares, floor mattings, needlepunch carpeting, and door mats and mattings, from textile materials or from twisted paper, grasses, reeds, sisal, jute, or rags and/or (2) finishing carpets and rugs. Learn more at the U.S. Census Bureau

form 5500

Plan Name

Plan Year

EIN/PN

Received

Sponsor

Total number of participants

RHODY RUG, INC. PROFIT-SHARING PLAN

2009

050433232

2010-07-15

RHODY RUG, INC.

File	View Page
Three-digit plan number (PN)	001
Effective date of plan	1989-01-01
Business code	424990
Sponsor’s telephone number	4017285903
Plan sponsor’s address	P.O. BOX 310, CUMBERLAND, RI, 02864

Plan administrator’s name and address

Administrator’s EIN	050433232
Plan administrator’s name	RHODY RUG, INC.
Plan administrator’s address	P.O. BOX 310, CUMBERLAND, RI, 02864
Administrator’s telephone number	4017285903

Signature of

Role	Plan administrator
Date	2010-07-15
Name of individual signing	LUIS R. AGRELA
Valid signature	Filed with authorized/valid electronic signature

Role	Employer/plan sponsor
Date	2010-07-15
Name of individual signing	LUIS R. AGRELA
Valid signature	Filed with authorized/valid electronic signature

Agent

Name	Role	Address
HENRY R. KATES, ESQ.	Agent	ONE RICHMOND SQUARE SUITE 228W, PROVIDENCE, RI, 02906, USA

PRESIDENT

Name	Role	Address
LUIS R. AGRELA	PRESIDENT	186 OLD RIVER ROAD UNIT 5 LINCOLN, RI 02865 USA

TREASURER

Name	Role	Address
LUIS R. AGRELA	TREASURER	186 OLD RIVER ROAD UNIT 5 CUMBERLAND, RI 02864 USA

SECRETARY

Name	Role	Address
MANUEL F. MARTINS	SECRETARY	303 MORRIS STREET CUMBERLAN, RI 02864 USA

VICE PRESIDENT

Name	Role	Address
MANUEL F. MARTINS	VICE PRESIDENT	303 MORRIS STREET CUMBERLAND, RI 02864 USA

DIRECTOR

Name	Role	Address
LUIS R. AGRELA	DIRECTOR	186 OLD RIVER ROAD UNIT 5 LINCOLN, RI 02865 USA

Events

Type	Date	Old Value	New Value
Name Change	2021-01-01	Rhody Rug, Inc.	Madeira Asset Holdings, Inc.
Merged	2006-12-31	NEAT HOME PRODUCTS, INC. on	Madeira Asset Holdings, Inc.
Name Change	1991-01-16	Rhody Rugs, Inc.	Rhody Rug, Inc.

Filings

Number	Name	File Date
202107116530	Articles of Dissolution	2021-12-15
202191059250	Annual Report	2021-02-13
202184245590	Articles of Amendment	2020-12-31
202035406860	Annual Report	2020-02-27
201988013460	Annual Report	2019-03-01
201858701880	Annual Report	2018-02-21
201746567860	Statement of Change of Registered/Resident Agent	2017-06-27
201730575080	Annual Report	2017-01-23
201691860610	Annual Report	2016-02-04
201554634680	Annual Report	2015-02-05
201435856790	Annual Report	2014-02-20
201310100390	Annual Report	2013-01-22
201293508730	Statement of Change of Registered/Resident Agent Office	2012-05-24
201288914070	Annual Report	2012-02-02
201187404960	Articles of Amendment	2011-12-30
201174996830	Annual Report	2011-02-16
201058444730	Annual Report	2010-02-16
200941767400	Annual Report	2009-02-10
200806698630	Annual Report	2008-01-25
201996715480	Articles of Merger	2006-12-27

Paycheck Protection Program

Loan Number

Loan Funded Date

SBA Origination Office Code

Loan Delivery Method

Borrower Street Address

8105867106

2020-04-15

0165

PPP

9 Powder Hill Road, Lincoln, RI, 02865

Loan Status Date	2020-12-19
Loan Status	Paid in Full
Loan Maturity in Months	24
SBA Guaranty Percentage	100
Loan Approval Amount (at origination)	159000
Loan Approval Amount (current)	159000
Undisbursed Amount	0
Franchise Name	-
Lender Location ID	434162
Servicing Lender Name	Citizens Bank, National Association
Servicing Lender Address	1 Citizens Plaza, PROVIDENCE, RI, 02903-1344
Rural or Urban Indicator	U
Hubzone	N
LMI	N
Business Age Description	Existing or more than 2 years old
Project Address	Lincoln, PROVIDENCE, RI, 02865-0001
Project Congressional District	RI-01
Number of Employees	20
NAICS code	314999
Borrower Race	Unanswered
Borrower Ethnicity	Not Hispanic or Latino
Business Type	Subchapter S Corporation
Originating Lender ID	434162
Originating Lender Name	Citizens Bank, National Association
Originating Lender Address	PROVIDENCE, RI
Gender	Unanswered
Veteran	Unanswered
Forgiveness Amount	159919.15
Forgiveness Paid Date	2020-11-25

Date of last update: 06 Apr 2025

Sources: Rhode Island Department of State