Search icon

Providence Yarn Company, Inc.

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
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

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

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:
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:
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 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

Date:
2020-04-14
Awarding Agency Name:
Small Business Administration
Transaction Description:
TO AID SMALL BUSINESSES IN MAINTAINING WORK FORCE DURING COVID-19 PANDEMIC.
Obligated Amount:
0.00
Face Value Of Loan:
81942.00
Total Face Value Of Loan:
81942.00

Paycheck Protection Program

Date Approved:
2020-04-14
Loan Status:
Paid in Full
SBA Guaranty Percentage:
100
Initial Approval Amount:
81942
Current Approval Amount:
81942
Race:
Unanswered
Ethnicity:
Unknown/NotStated
Gender:
Unanswered
Veteran:
Unanswered
Forgiveness Amount:
82497.38

Date of last update: 17 May 2025

Sources: Rhode Island Department of State