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  5. OCEAN STATE BUSINESS DEVELOPMENT AUTHORITY, INC.

OCEAN STATE BUSINESS DEVELOPMENT AUTHORITY, INC.

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Company Details

Name: OCEAN STATE BUSINESS DEVELOPMENT AUTHORITY, INC.
Jurisdiction: Rhode Island
Entity type: Domestic Non-Profit Corporation
Status: Activ
Date of Organization in Rhode Island: 11 Jun 1980 (45 years ago)
Identification Number: 000028496
ZIP code: 02888
City: Warwick
County: Kent County
Purpose: FURTHERING THE ECONOMIC DEVELOPMENT OF THE COUNTIES OF PROVIDENCE, KENT, NEWPORT, WASHINGTON AND BRISTOL IN THE STATE OF RHODE ISLAND, STATE OF CONNECTICUT, COMMONWEALTH OF MASSACHUSETTS; PROMOTING AND ASSISTING IN GROWTH AND DEVELOPMENT OF SMALL BUSINESS CONCERNS
Fictitious names: RI Small Business Development (trading name, 2017-03-27 - )
Rhode Island Small Business Development (trading name, 2017-03-27 - )
Rhode Island Business Development (trading name, 2017-03-27 - )
RI Business Development (trading name, 2017-03-27 - )
OSBDA (trading name, 2016-09-19 - )
Ocean State Business Development (trading name, 2016-09-19 - )
Principal Address: Google Maps Logo 300 JEFFERSON BLVD. SUITE 105, WARWICK, RI, 02888, USA

Industry & Business Activity

NAICS

522298 All Other Nondepository Credit Intermediation

This U.S. industry comprises establishments primarily engaged in providing nondepository credit (except credit card issuing, sales financing, consumer lending, real estate credit, international trade financing, and secondary market financing). Examples of types of lending in this industry are short-term inventory credit, agricultural lending (except real estate and sales financing), and consumer cash lending secured by personal property. Learn more at the U.S. Census Bureau

Companies doing All other nondepository credit intermediation

Agent

Name Role Address
RUSSELL GASTON Agent 300 JEFFERSON BOULEVARD SUITE 105, WARWICK, RI, 02888, USA

PRESIDENT

Name Role Address
RUSSELL GASTON PRESIDENT 300 JEFFERSON BLVD., STE 105 WARWICK, RI 02888 USA

SECRETARY

Name Role Address
JAMES TIERNEY SECRETARY 300 JEFFERSON BLVD., STE 105 WARWICK, RI 02888 USA

DIRECTOR

Name Role Address
ERIC LICHATIN DIRECTOR 300 JEFFERSON BOULEVARD, STE 105 WARWICK, RI 02888 USA
FILIPPO MARCHIONNE DIRECTOR 300 JEFFERSON BOULEVARD, STE 105 WARWICK, RI 02888 USA
MICHAEL LEVINSON DIRECTOR 300 JEFFERSON BOULEVARD, STE 105 WARWICK, RI 02888 USA
HASAN ALI DIRECTOR 300 JEFFERSON BLVD., STE 105 WARWICK, RI 02888 USA
ROBERT NICKERSON DIRECTOR 300 JEFFERSON BLVD., STE 105 WARWICK, RI 02888 USA
JOHN PIMENTAL DIRECTOR 300 JEFFERSON BLVD., STE 105 WARWICK, RI 02888 USA
CRISTINA FEDEN DIRECTOR 300 JEFFERSON BLVD., STE 105 WARWICK, RI 02888 USA
SEAN MCINTYRE DIRECTOR 300 JEFFERSON BLVD., STE 105 WARWICK, RI 02888 USA
KEVIN CASEY DIRECTOR 300 JEFFERSON BLVD., STE 105 WARWICK, RI 02888 USA
RUSSELL HAHN DIRECTOR 300 JEFFERSON BLVD., STE 105 WARWICK, RI 02888 USA

Links between entities

Type:
Headquarter of
Company Number:
0782874
State:
CONNECTICUT
CONNECTICUT profile:
OCEAN STATE BUSINESS DEVELOPMENT AUTHORITY, INC. (CT)

Unique Entity ID

A UEI is a government-provided number, like a tax ID number, that’s used to identify businesses eligible for federal grants, awards and contracts.

Note: In April 2022, the federal government replaced its old identifier of choice, the Data Universal Numbering System (DUNS) number, with a government-issued UEI. Now all the federal government’s Integrated Award Environment systems use UEI numbers instead of DUNS numbers. So any entity doing business with the federal government must register for a UEI.

Unique Entity ID:
HJP8XU7X9E99
CAGE Code:
8VZ20
UEI Expiration Date:
2026-03-24

Business Information

URL:
https://www.osbda.com/
Activation Date:
2025-03-26
Initial Registration Date:
2021-02-16

Form 5500 Series

Employer Identification Number (EIN):
050389516
Plan Year:
2023
Number Of Participants:
4
Sponsor's telephone number:
4012911504
File:
View File
Plan Administrator / Signatory:
RUSSELL GASTON(Plan administrator)
Plan Year:
2022
Number Of Participants:
4
Sponsor's telephone number:
4012911504
File:
View File
Plan Administrator / Signatory:
RUSSELL GASTON(Plan administrator)
Plan Year:
2021
Number Of Participants:
5
Sponsor's telephone number:
4012911504
File:
View File
Plan Administrator / Signatory:
RUSSELL GASTON(Plan administrator)
RUSSELL GASTON(Employer/plan sponsor)
Plan Year:
2020
Number Of Participants:
5
Sponsor's telephone number:
4012911504
File:
View File
Plan Administrator / Signatory:
RUSSELL GASTON(Plan administrator)
RUSSELL GASTON(Employer/plan sponsor)
Plan Year:
2019
Number Of Participants:
5
Sponsor's telephone number:
4014544560
File:
View File
Plan Administrator / Signatory:
RUSSELL GASTON(Plan administrator)
RUSSELL GASTON(Employer/plan sponsor)

Filings

Number Name File Date
202444623450 Annual Report 2024-01-24
202326191080 Annual Report 2023-01-19
202207868230 Statement of Change of Registered/Resident Agent Office 2022-01-11
202207867530 Annual Report 2022-01-11
202207634510 Articles of Amendment 2022-01-04

Uniform Commercial Code

The Uniform Commercial Code (UCC) is a comprehensive set of laws governing all commercial transactions in the United States.

A UCC filing is a public notice of a secured transaction. A financing statement indicates a commercial agreement between a debtor and a secured party.

Uniform Commercial Code Summary

Type:
UCC-3 CONTINUATION
UCC Filing Number:
202532107530
Filing Date:
2025-05-21
Action:
Continuation

Parties

Party Name:
THREE BUOYS REALTY, LLC
Party Role:
Debtor(s)
Party Name:
Component Solutions, Inc.
Party Role:
Debtor(s)
Party Name:
OCEAN STATE BUSINESS DEVELOPMENT AUTHORITY, INC.
Party Role:
Secured Parties

Uniform Commercial Code Summary

Type:
UCC-1 Standard
UCC Filing Number:
202531962590
Filing Date:
2025-05-06
Action:
Assignment

Parties

Party Name:
D & K REALTY, LLC
Party Role:
Debtor(s)
Party Name:
OCEAN STATE BUSINESS DEVELOPMENT AUTHORITY, INC.
Party Role:
Secured Parties
Party Name:
U.S. SMALL BUSINESS ADMINISTRATION
Party Role:
Assignee

Uniform Commercial Code Summary

Type:
UCC-3 CONTINUATION
UCC Filing Number:
202531582860
Filing Date:
2025-01-29
Action:
Continuation

Parties

Party Name:
R1 INDOOR KARTING LLC
Party Role:
Debtor(s)
Party Name:
OCEAN STATE BUSINESS DEVELOPMENT AUTHORITY, INC.
Party Role:
Secured Parties

USAspending Awards / Financial Assistance

Business Type:
SMALL BUSINESS
Date:
2021-04-14
Link:
View on USAspending
Awarding Agency Name:
Small Business Administration
Transaction Description:
TO AID SMALL BUSINESSES IN MAINTAINING WORK FORCE DURING COVID-19 PANDEMIC.
Obligated Amount:
$0
Face Value Of Loan:
$94,481
Total Face Value Of Loan:
$94,481
Business Type:
SMALL BUSINESS
Date:
2020-06-29
Link:
View on USAspending
Awarding Agency Name:
Small Business Administration
Transaction Description:
TO AID SMALL BUSINESSES IN MAINTAINING WORK FORCE DURING COVID-19 PANDEMIC.
Obligated Amount:
$0
Face Value Of Loan:
$73,627
Total Face Value Of Loan:
$73,627
Business Type:
SMALL BUSINESS;NONPROFIT WITH 501C3 IRS STATUS (OTHER THAN AN INSTITUTION OF HIGHER EDUCATION)
Date:
2020-06-29
Link:
View on USAspending
Awarding Agency Name:
Small Business Administration
Transaction Description:
ECONOMIC INJURY DISASTER GRANT
Obligated Amount:
$5,000
Face Value Of Loan:
$0
Total Face Value Of Loan:
$0

Trademarks

Serial Number:
88362521
Mark:
WHY RENT WHEN YOU CAN OWN?
Status:
Abandoned because the applicant failed to respond or filed a late response to an Office action. To view all documents in this file, click on the Trademark Document Retrieval link at the top of this page.
Mark Type:
Service Mark
Application Filing Date:
2019-03-29
Mark Drawing Type:
4 - STANDARD CHARACTER MARK
Mark Literal Elements:
WHY RENT WHEN YOU CAN OWN?
USPTO Link:
View Trademark on United States Patent and Trademark Office Website

Goods And Services

For:
Financing loans for Small Businesses
First Use:
2016-11-15
International Classes:
036 - Primary Class
Class Status:
ACTIVE
Serial Number:
88256486
Mark:
WE GROW SMALL BUSINESS
Status:
Registered. The registration date is used to determine when post-registration maintenance documents are due.
Mark Type:
Service Mark
Application Filing Date:
2019-01-10
Mark Drawing Type:
4 - STANDARD CHARACTER MARK
Mark Literal Elements:
WE GROW SMALL BUSINESS
USPTO Link:
View Trademark on United States Patent and Trademark Office Website

Goods And Services

For:
Financing loans for Small Businesses
First Use:
2016-11-15
International Classes:
036 - Primary Class
Class Status:
ACTIVE

Tax Exempt

Employer Identification Number (EIN) :
05-0389516
Classification:
Government Instrumentality, Title-Holding Corporation, Charitable Organization, Agricultural Organization, Board of Trade, Pleasure, Recreational, or Social Club, Fraternal Beneficiary Society, Order or Association, Voluntary Employees' Beneficiary Association (Non-Govt. Emps.), Domestic Fraternal Societies and Associations, Teachers Retirement Fund Assoc., Benevolent Life Insurance Assoc., Burial Association, Credit Union, Mutual Insurance Company or Assoc. Other Than Life or Marine, Corp. Financing Crop Operations, Supplemental Unemployment Compensation Trust or Plan, Employee Funded Pension Trust (Created Before 6/25/59), Post or Organization of War Veterans, Legal Service Organization, Black Lung Trust, Multiemployer Pension Plan, Veterans Assoc. Formed Prior to 1880, Trust Described in Sect. 4049 of ERISA, Title Holding Co. for Pensions, etc., State-Sponsored High Risk Health Insurance Organizations, State-Sponsored Workers' Compensation Reinsurance, ACA 1322 Qualified Nonprofit Health Insurance Issuers, Apostolic and Religious Org. (501(d)), Cooperative Hospital Service Organization (501(e)), Cooperative Service Organization of Operating Educational Organization (501(f)), Child Care Organization (501(k)), Charitable Risk Pool, Qualified State-Sponsored Tuition Program, 4947(a)(1) - Private Foundation (Form 990PF Filer)
Ruling Date:
1983-10

Paycheck Protection Program

Jobs Reported:
5
Initial Approval Amount:
$94,481
Date Approved:
2021-04-14
Loan Status:
Paid in Full
SBA Guaranty Percentage:
100
Current Approval Amount:
$94,481
Race:
White
Ethnicity:
Unknown/NotStated
Gender:
Male Owned
Veteran:
Non-Veteran
Forgiveness Amount:
$95,005.89
Servicing Lender:
BayCoast Bank
Use of Proceeds:
Payroll: $94,481
Jobs Reported:
5
Initial Approval Amount:
$73,627
Date Approved:
2020-06-28
Loan Status:
Paid in Full
SBA Guaranty Percentage:
100
Current Approval Amount:
$73,627
Race:
White
Ethnicity:
Unknown/NotStated
Gender:
Male Owned
Veteran:
Non-Veteran
Forgiveness Amount:
$74,213.97
Servicing Lender:
BayCoast Bank
Use of Proceeds:
Payroll: $73,627

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Date of last update: 07 Jul 2025

Sources: Rhode Island Department of State

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