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Providence Yarn Company, Inc.

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Company Details

Name: Providence Yarn Company, Inc.
Jurisdiction: Rhode Island
Entity type: Domestic Profit Corporation
Status: Activ
Date of Organization in Rhode Island: 20 Jan 1931 (94 years ago)
Identification Number: 000031974
ZIP code: 02860
City: Pawtucket
County: Providence County
Purpose: SELLING STORING BUYING SHIPPING OF MATERIAL AND TEXTILE PRODUCTS TO ACQUIRE HOLD, MANAGE FOR WHOLESALE DISTRIBUTION
Fictitious names: The Yarn Outlet (trading name, 1983-10-11 - 2022-12-09)
Wickford Mills (trading name, 1983-09-30 - 2022-12-09)
Historical names: SAMDPERIL-GRANOFF, INC.
Principal Address: Google Maps Logo 50 DIVISION STREET, PAWTUCKET, RI, 02860, USA

Industry & Business Activity

NAICS

424990 Other Miscellaneous Nondurable Goods Merchant Wholesalers

This industry comprises establishments primarily engaged in the merchant wholesale distribution of nondurable goods (except printing and writing paper; stationery and office supplies; industrial and personal service paper; drugs and druggists' sundries; apparel, piece goods, and notions; grocery and related products; farm product raw materials; chemical and allied products; petroleum and petroleum products; beer, wine, and distilled alcoholic beverages; farm supplies; books, periodicals, and newspapers; flowers, nursery stock, and florists' supplies; tobacco and tobacco products; and paint, varnishes, wallpaper, and supplies). Learn more at the U.S. Census Bureau

Companies doing Other miscellaneous nondurable goods merchant wholesalers

Agent

Name Role Address
ADLER POLLOCK & SHEEHAN P.C. Agent ONE CITIZENS PLAZA 8TH FLOOR, PROVIDENCE, RI, 02903, USA

PRESIDENT

Name Role Address
ANDREW JAMES SCHUSTER PRESIDENT 50 DIVISION STREET PAWTUCKET, RI 02860 USA

TREASURER

Name Role Address
TERRY SAMDPERIL SCHUSTER TREASURER 50 DIVISION STREET PAWTUCKET, RI 02860 USA

SECRETARY

Name Role Address
MICHAEL SCHUSTER SECRETARY 50 DIVISION STREET PAWTUCKET, RI 02860 USA

VICE PRESIDENT

Name Role Address
MICHAEL SCHUSTER VICE PRESIDENT 50 DIVISION STREET PAWTUCKET, RI 02860 USA

OTHER OFFICER

Name Role Address
ANDREW SCHUSTER OTHER OFFICER 50 DIVISION STREET PAWTUCKET, RI 02906 UNI

DIRECTOR

Name Role Address
MICHAEL SCHUSTER DIRECTOR 50 DIVISION STREET PAWTUCKET, RI 02860 USA
TERRY SAMDPERIL SCHUSTER DIRECTOR 50 DIVISION STREET PAWTUCKET, RI 02860 USA
ANDREW JAMES SCHUSTER DIRECTOR 50 DIVISION STREET PAWTUCKET, RI 02860 USA

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.

CAGE Code:
7G9W0
UEI Expiration Date:
2019-07-10

Business Information

Doing Business As:
YARN OUTLET , THE
URL:
www.providenceyarn.com
Activation Date:
2018-07-10
Initial Registration Date:
2015-09-11

Commercial and government entity program

The The Commercial And Government Entity Code (CAGE) is assigned by the Department of Defense's Defense Logistics Agency (DLA) and represents your company's physical address for GSA's mailings, payments, and administrative records.

Note: A CAGE Code enables a company to contract with the U.S. government, allowing bid on government contracts and to receive government payments. Also for business this means that it's a Verified business entity and Has a validated physical address.

CAGE number:
7G9W0
Status:
Obsolete
Type:
Non-Manufacturer
CAGE Update Date:
2024-02-25
CAGE Expiration:
2023-07-21

Contact Information

POC:
TERRY E SCHUSTER
Corporate URL:
www.providenceyarn.com

Form 5500 Series

Employer Identification Number (EIN):
050204511
Plan Year:
2024
Number Of Participants:
6
Plan Name:
401(K)
Sponsor's telephone number:
4017225600
File:
View File
Plan Administrator / Signatory:
TERRY SCHUSTER(Plan administrator)
TERRY SCHUSTER(Employer/plan sponsor)
Plan Year:
2023
Number Of Participants:
8
Plan Name:
401(K)
Sponsor's telephone number:
4017225600
File:
View File
Plan Administrator / Signatory:
TERRY SCHUSTER(Plan administrator)
TERRY SCHUSTER(Employer/plan sponsor)
Plan Year:
2022
Number Of Participants:
8
Plan Name:
401(K)
Sponsor's telephone number:
4017225600
File:
View File
Plan Administrator / Signatory:
TERRY SCHUSTER(Plan administrator)
Plan Year:
2021
Number Of Participants:
7
Plan Name:
401(K)
Sponsor's telephone number:
4017225600
File:
View File
Plan Administrator / Signatory:
DONNA ROBIDOUX(Plan administrator)
Plan Year:
2020
Number Of Participants:
6
Plan Name:
401(K)
Sponsor's telephone number:
4017225600
File:
View File
Plan Administrator / Signatory:
DONNA ROBIDOUX(Plan administrator)

Events

Type Date Old Value New Value
Merged 1977-09-16 SHUTTLECRAFT INC. on Providence Yarn Company, Inc.
Name Change 1931-08-13 SAMDPERIL-GRANOFF, INC. Providence Yarn Company, Inc.

Filings

Number Name File Date
202451625300 Annual Report 2024-04-19
202336285290 Annual Report 2023-05-30
202225108710 Statement of Abandonment of Use of Fictitious Business Name 2022-12-08
202225108620 Statement of Abandonment of Use of Fictitious Business Name 2022-12-08
202216130920 Annual Report 2022-04-28

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:
202430750090
Filing Date:
2024-07-01
Action:
Continuation

Parties

Party Name:
Providence Yarn Company, Inc.
Party Role:
Debtor(s)
Party Name:
PROVIDENCE YARN CO., INC.
Party Role:
Debtor(s)

Uniform Commercial Code Summary

Type:
UCC-1 Standard
UCC Filing Number:
201921300330
Filing Date:
2019-07-03
Action:
InitialFiling

Parties

Party Name:
Providence Yarn Company, Inc.
Party Role:
Debtor(s)
Party Name:
PROVIDENCE YARN CO., INC.
Party Role:
Debtor(s)
Party Name:
NAVIGANT CREDIT UNION
Party Role:
Secured Parties

Expenditures

Agency Date Program Subprogram Amount
Department of Labor and Training 2024-06-28 WORKFORCE DEVELOPMENT SERVICES Governor's Workforce Board RI 675.0

USAspending Awards / Financial Assistance

Business Type:
SMALL BUSINESS
Date:
2020-04-14
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:
$81,942
Total Face Value Of Loan:
$81,942

Paycheck Protection Program

Jobs Reported:
8
Initial Approval Amount:
$81,942
Date Approved:
2020-04-14
Loan Status:
Paid in Full
SBA Guaranty Percentage:
100
Current Approval Amount:
$81,942
Race:
Unanswered
Ethnicity:
Unknown/NotStated
Gender:
Unanswered
Veteran:
Unanswered
Forgiveness Amount:
$82,497.38
Servicing Lender:
Navigant CU
Use of Proceeds:
Payroll: $65,554
Utilities: $5,463
Rent: $10,925

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Date of last update: 07 Jul 2025

Sources: Rhode Island Department of State

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