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Mutual Development Corporation

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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
City: West Warwick
County: Kent County
Purpose: TO ENGAGE IN THE BUSINESS OF BUILDING AND DEVELOPING REAL ESTATE.
Principal Address: Google Maps Logo 1 JAMES P. MURPHY HIGHWAY SUITE 200, WEST WARWICK, RI, 02893, USA

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

Companies doing Industrial building construction

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

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:
202532148650
Filing Date:
2025-05-21
Action:
Continuation

Parties

Party Name:
Mutual Development Corporation
Party Role:
Debtor(s)

Uniform Commercial Code Summary

Type:
UCC-1 Standard
UCC Filing Number:
202430601770
Filing Date:
2024-05-24
Action:
InitialFiling

Parties

Party Name:
Mutual Development Corporation
Party Role:
Debtor(s)
Party Name:
STEPHEN G SOSCIA
Party Role:
Debtor(s)
Party Name:
KUBOTA CREDIT CORPORATION, U.S.A.
Party Role:
Secured Parties

Uniform Commercial Code Summary

Type:
UCC-1 Standard
UCC Filing Number:
202023089400
Filing Date:
2020-06-30
Action:
InitialFiling

Parties

Party Name:
U.S. SMALL BUSINESS ADMINISTRATION
Party Role:
Secured Parties
Party Name:
Mutual Development Corporation
Party Role:
Debtor(s)

USAspending Awards / Financial Assistance

Business Type:
SMALL BUSINESS
Date:
2021-01-23
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:
$130,300
Total Face Value Of Loan:
$130,300
Business Type:
SMALL BUSINESS
Date:
2020-06-09
Link:
View on USAspending
Awarding Agency Name:
Small Business Administration
Transaction Description:
TO PROVIDE LOANS TO RESTORE AS NEARLY AS POSSIBLE THE VICTIMS OF ECONOMIC INJURY TYPE DISASTERS TO PRE-DISASTER CONDITIONS
Obligated Amount:
$0
Face Value Of Loan:
$150,000
Total Face Value Of Loan:
$150,000
Business Type:
SMALL BUSINESS
Date:
2020-04-26
Link:
View on USAspending
Awarding Agency Name:
Small Business Administration
Transaction Description:
ECONOMIC INJURY DISASTER GRANT
Obligated Amount:
$8,000
Face Value Of Loan:
$0
Total Face Value Of Loan:
$0
Business Type:
SMALL BUSINESS
Date:
2020-04-07
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:
$96,800
Total Face Value Of Loan:
$96,800

Paycheck Protection Program

Jobs Reported:
8
Initial Approval Amount:
$96,800
Date Approved:
2020-04-03
Loan Status:
Paid in Full
SBA Guaranty Percentage:
100
Current Approval Amount:
$96,800
Race:
Unanswered
Ethnicity:
Not Hispanic or Latino
Gender:
Male Owned
Veteran:
Non-Veteran
Forgiveness Amount:
$97,563.64
Servicing Lender:
Centreville Bank
Use of Proceeds:
Payroll: $96,800
Jobs Reported:
11
Initial Approval Amount:
$130,300
Date Approved:
2021-01-21
Loan Status:
Paid in Full
SBA Guaranty Percentage:
100
Current Approval Amount:
$130,300
Race:
Unanswered
Ethnicity:
Not Hispanic or Latino
Gender:
Male Owned
Veteran:
Non-Veteran
Forgiveness Amount:
$131,512.51
Servicing Lender:
Centreville Bank
Use of Proceeds:
Payroll: $130,295
Utilities: $1

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Related by address

1 JAMES P. MURPHY HIGHWAY SUITE 200, WEST WARWICK, RI, 02893, USA

875 CENTERVILLE LLC
Domestic Limited Liability Company
875 CENTERVILLE LLC, which currently Activ, has registered address 1 JAMES P. MURPHY HIGHWAY SUITE 200, WEST WARWICK, RI, 02893, USA.

Date of last update: 09 Jul 2025

Sources: Rhode Island Department of State

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