Search icon

Mutual Development Corporation

Company Details

Name: Mutual Development Corporation
Jurisdiction: Rhode Island
Entity type: Domestic Profit Corporation
Status: Activ
Date of Organization in Rhode Island: 03 Aug 1994 (31 years ago)
Identification Number: 000080721
ZIP code: 02893
County: Kent County
Principal Address: 1 JAMES P. MURPHY HIGHWAY SUITE 200, WEST WARWICK, RI, 02893, USA
Purpose: TO ENGAGE IN THE BUSINESS OF BUILDING AND DEVELOPING REAL ESTATE.

Industry & Business Activity

NAICS

236210 Industrial Building Construction

This industry comprises establishments primarily responsible for the construction (including new work, additions, alterations, maintenance, and repairs) of industrial buildings (except warehouses). The construction of selected additional structures, whose production processes are similar to those for industrial buildings (e.g., incinerators, cement plants, blast furnaces, and similar nonbuilding structures), is included in this industry. Included in this industry are industrial building general contractors, industrial building for-sale builders, industrial building design-build firms, and industrial building construction management firms. Learn more at the U.S. Census Bureau

Agent

Name Role Address
STEPHEN G. SOSCIA Agent ONE JAMES P. MURPHY HIGHWAY, WEST WARWICK, RI, 02893, USA

PRESIDENT

Name Role Address
STEPHEN G. SOSCIA PRESIDENT 1 JAMES P. MURPHY HIGHWAY, SUITE 200 WEST WARWICK, RI 02893 USA

Filings

Number Name File Date
202446917430 Annual Report 2024-02-20
202328465260 Annual Report 2023-02-09
202211430340 Annual Report 2022-02-23
202186115350 Annual Report 2021-01-12
201930328800 Annual Report 2019-12-16
201883155120 Annual Report 2018-12-24
201755220420 Annual Report 2017-12-19
201729750850 Annual Report 2017-01-09
201589193390 Annual Report 2015-12-14
201451296440 Annual Report 2014-12-15

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
4450357000 2020-04-03 0165 PPP 1 James P Murphy Highway, WEST WARWICK, RI, 02893
Loan Status Date 2021-02-23
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 96800
Loan Approval Amount (current) 96800
Undisbursed Amount 0
Franchise Name -
Lender Location ID 65795
Servicing Lender Name Centreville Bank
Servicing Lender Address 1218 Main St, WEST WARWICK, RI, 02893-4827
Rural or Urban Indicator U
Hubzone N
LMI Y
Business Age Description Existing or more than 2 years old
Project Address WEST WARWICK, KENT, RI, 02893-0001
Project Congressional District RI-02
Number of Employees 8
NAICS code 531311
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 65795
Originating Lender Name Centreville Bank
Originating Lender Address WEST WARWICK, RI
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 97563.64
Forgiveness Paid Date 2021-01-25
2768748301 2021-01-21 0165 PPS 1 James P Murphy Ind Hwy, West Warwick, RI, 02893-2447
Loan Status Date 2022-01-07
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 130300
Loan Approval Amount (current) 130300
Undisbursed Amount 0
Franchise Name -
Lender Location ID 65795
Servicing Lender Name Centreville Bank
Servicing Lender Address 1218 Main St, WEST WARWICK, RI, 02893-4827
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address West Warwick, KENT, RI, 02893-2447
Project Congressional District RI-02
Number of Employees 11
NAICS code 236210
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 65795
Originating Lender Name Centreville Bank
Originating Lender Address WEST WARWICK, RI
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 131512.51
Forgiveness Paid Date 2021-12-23

Date of last update: 09 Apr 2025

Sources: Rhode Island Department of State