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Shearman Oil, Inc.

Company Details

Name: Shearman Oil, Inc.
Jurisdiction: Rhode Island
Entity type: Domestic Profit Corporation
Status: Activ
Date of Organization in Rhode Island: 30 Oct 1981 (43 years ago)
Identification Number: 000010687
ZIP code: 02878
County: Newport County
Principal Address: 1074 FISH ROAD, TIVERTON, RI, 02878, USA
Purpose: HOME HEATING OIL SALES

Industry & Business Activity

NAICS

454310 Fuel Dealers

This industry comprises establishments primarily engaged in retailing heating oil, liquefied petroleum (LP) gas, and other fuels via direct selling. Learn more at the U.S. Census Bureau

Agent

Name Role Address
SCOTT R. SHEARMAN Agent 1074 FISH ROAD, TIVERTON, RI, 02878, USA

PRESIDENT

Name Role Address
SCOTT R SHEARMAN PRESIDENT 1074 FISH RD TIVERTON, RI 02878 USA
SCOTT SHEARMAN PRESIDENT 1074 FISH ROAD TIVERTON, RI 02878 USA

Filings

Number Name File Date
202444328300 Annual Report 2024-01-21
202326596920 Annual Report 2023-01-25
202211607850 Annual Report 2022-04-06
202188289590 Annual Report 2021-02-01
202058667640 Annual Report 2020-09-28
202054949010 Revocation Notice For Failure to File An Annual Report 2020-09-16
201984843070 Annual Report 2019-01-21
201869293200 Annual Report 2018-06-11
201869294270 Annual Report 2018-06-11
201869292690 Reinstatement 2018-06-11

USAspending Awards. Financial Assistance

FAIN Awarding Agency Assistance Listings Start Date End Date Description
3614636008 Small Business Administration 59.012 - 7(A) LOAN GUARANTEES No data No data TO AID SMALL BUSINESSES WHICH ARE UNABLE TO OBTAIN FINANCING IN THE PRIVATE CREDIT MARKETPLACE
Recipient SHEARMAN OIL, INC
Recipient Name Raw SHEARMAN OIL, INC
Recipient Address 1074 FISH ROAD, TIVERTON, NEWPORT, RHODE ISLAND, 28780-0000, UNITED STATES
Obligated Amount 0.00
Non-Federal Funding 0.00
Original Subsidy Cost 0.00
Face Value of Direct Loan 300000.00
Link View Page

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
8357667210 2020-04-28 0165 PPP 1074 FISH RD, TIVERTON, RI, 02878
Loan Status Date 2021-09-25
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 62500
Loan Approval Amount (current) 62500
Undisbursed Amount 0
Franchise Name -
Lender Location ID 65657
Servicing Lender Name BankNewport
Servicing Lender Address 10 Washington Sq, NEWPORT, RI, 02840-2948
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address TIVERTON, NEWPORT, RI, 02878-0001
Project Congressional District RI-01
Number of Employees 7
NAICS code 454310
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 65657
Originating Lender Name BankNewport
Originating Lender Address NEWPORT, RI
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 63333.9
Forgiveness Paid Date 2021-09-07
3757368707 2021-03-31 0165 PPS 1074 Fish Rd, Tiverton, RI, 02878-3105
Loan Status Date 2022-09-22
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 56223.75
Loan Approval Amount (current) 56223.75
Undisbursed Amount 0
Franchise Name -
Lender Location ID 65657
Servicing Lender Name BankNewport
Servicing Lender Address 10 Washington Sq, NEWPORT, RI, 02840-2948
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Tiverton, NEWPORT, RI, 02878-3105
Project Congressional District RI-01
Number of Employees 7
NAICS code 454310
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 65657
Originating Lender Name BankNewport
Originating Lender Address NEWPORT, RI
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 56986.24
Forgiveness Paid Date 2022-08-11

Motor Carrier Census

USDOT Number Carrier Operation MCS-150 Form Date MCS-150 Mileage MCS-150 Year Power Units Drivers Operation Classification
346399 Interstate 2024-05-22 50000 2022 3 3 Private(Property)
Legal Name SHEARMAN OIL INC
DBA Name -
Physical Address 1074 FISH RD, TIVERTON, RI, 02878-3105, US
Mailing Address 1074 FISH RD, TIVERTON, RI, 02878-3105, US
Phone (401) 624-1700
Fax (401) 624-1707
E-mail SHEARMANOIL@AOL.COM

Safety Measurement System - All Transportation

Total Number of Inspections for the measurement period (24 months) 0
Driver Fitness BASIC Serious Violation Indicator No
Vehicle Maintenance BASIC Acute/Critical Indicator No
Unsafe Driving BASIC Acute/Critical Indicator No
Driver Fitness BASIC Roadside Performance measure value 0
Hours-of-Service (HOS) Compliance BASIC Roadside Performance measure value 0
Total Number of Driver Inspections for the measurment period 0
Vehicle Maintenance BASIC Roadside Performance measure value 0
Total Number of Vehicle Inspections for the measurement period 0
Controlled Substances and Alcohol BASIC Roadside Performance measure value 0
Unsafe Driving BASIC Roadside Performance Measure Value 0
Number of inspections with at least one Driver Fitness BASIC violation 0
Number of inspections with at least one Hours-of-Service BASIC violation 0
Total Number of Driver Inspections containing at least one Driver Out-of-Service Violation 0
Number of inspections with at least one Vehicle Maintenance BASIC violation 0
Total Number of Vehicle Inspections containing at least one Vehicle Out-of-Service violation 0
Number of inspections with at least one Controlled Substances and Alcohol BASIC violation 0
Number of inspections with at least one Unsafe Driving BASIC violation 0

Date of last update: 06 Apr 2025

Sources: Rhode Island Department of State