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Korel Controls, Inc.

Company Details

Name: Korel Controls, Inc.
Jurisdiction: Rhode Island
Entity type: Domestic Profit Corporation
Status: Activ
Date of Organization in Rhode Island: 04 Feb 1998 (27 years ago)
Identification Number: 000098998
ZIP code: 02907
County: Providence County
Principal Address: ONE HARRY STREET, CRANSTON, RI, 02907, USA
Purpose: INSTALL AND SERVICE DATA DIGITAL HEATING VENTILATION, AIR CONDITIONING CONTROL SYSTEMS

Industry & Business Activity

NAICS

333414 Heating Equipment (except Warm Air Furnaces) Manufacturing

This U.S. industry comprises establishments primarily engaged in manufacturing heating equipment (except electric and warm air furnaces), such as heating boilers, heating stoves, floor and wall furnaces, and wall and baseboard heating units. Learn more at the U.S. Census Bureau

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
KOREL CONTROLS, INC. PROFIT SHARING PLAN 2023 050498228 2024-10-10 KOREL CONTROLS, INC. 7
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1999-01-01
Business code 238220
Sponsor’s telephone number 4019435886
Plan sponsor’s address ONE HARRY STREET, CRANSTON, RI, 029073128

Signature of

Role Plan administrator
Date 2024-10-10
Name of individual signing JAMES BANNON
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2024-10-10
Name of individual signing JAMES BANNON
Valid signature Filed with authorized/valid electronic signature
KOREL CONTROLS, INC. PROFIT SHARING PLAN 2022 050498228 2023-09-25 KOREL CONTROLS, INC. 7
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1999-01-01
Business code 238220
Sponsor’s telephone number 4019435886
Plan sponsor’s address ONE HARRY STREET, CRANSTON, RI, 029073128

Signature of

Role Plan administrator
Date 2023-09-25
Name of individual signing JAMES NANNON
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2023-09-25
Name of individual signing JAMES NANNON
Valid signature Filed with authorized/valid electronic signature
KOREL CONTROLS, INC. PROFIT SHARING PLAN 2021 050498228 2022-09-29 KOREL CONTROLS, INC. 7
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1999-01-01
Business code 238220
Sponsor’s telephone number 4019435886
Plan sponsor’s address ONE HARRY STREET, CRANSTON, RI, 029073128

Signature of

Role Plan administrator
Date 2022-09-29
Name of individual signing JAMES BANNON
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2022-09-29
Name of individual signing JAMES BANNON
Valid signature Filed with authorized/valid electronic signature
KOREL CONTROLS, INC. PROFIT SHARING PLAN 2020 050498228 2021-09-02 KOREL CONTROLS, INC. 8
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1999-01-01
Business code 238220
Sponsor’s telephone number 4019435886
Plan sponsor’s address ONE HARRY STREET, CRANSTON, RI, 029073128

Signature of

Role Plan administrator
Date 2021-09-02
Name of individual signing JAMES BANNON
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2021-09-02
Name of individual signing JAMES BANNON
Valid signature Filed with authorized/valid electronic signature
KOREL CONTROLS, INC. PROFIT SHARING PLAN 2019 050498228 2020-09-23 KOREL CONTROLS, INC. 8
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1999-01-01
Business code 238220
Sponsor’s telephone number 4019435886
Plan sponsor’s address ONE HARRY STREET, CRANSTON, RI, 029073128

Signature of

Role Plan administrator
Date 2020-09-23
Name of individual signing JAMES BANNON
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2020-09-23
Name of individual signing JAMES BANNON
Valid signature Filed with authorized/valid electronic signature
KOREL CONTROLS, INC. PROFIT SHARING PLAN 2018 050498228 2019-09-18 KOREL CONTROLS, INC. 7
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1999-01-01
Business code 238220
Sponsor’s telephone number 4019435886
Plan sponsor’s address ONE HARRY STREET, CRANSTON, RI, 029073128

Signature of

Role Plan administrator
Date 2019-09-18
Name of individual signing JAMES BANNON
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2019-09-18
Name of individual signing JAMES BANNON
Valid signature Filed with authorized/valid electronic signature
KOREL CONTROLS, INC. PROFIT SHARING PLAN 2017 050498228 2018-07-11 KOREL CONTROLS, INC. 6
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1999-01-01
Business code 238220
Sponsor’s telephone number 4019435886
Plan sponsor’s address ONE HARRY STREET, CRANSTON, RI, 029073128

Signature of

Role Plan administrator
Date 2018-07-11
Name of individual signing JAMES BANNON
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2018-07-11
Name of individual signing JAMES BANNON
Valid signature Filed with authorized/valid electronic signature
KOREL CONTROLS, INC. PROFIT SHARING PLAN 2016 050498228 2017-07-19 KOREL CONTROLS, INC. 6
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1999-01-01
Business code 238220
Sponsor’s telephone number 4019435886
Plan sponsor’s address ONE HARRY STREET, CRANSTON, RI, 029073128

Signature of

Role Plan administrator
Date 2017-07-19
Name of individual signing JAMES J. BANNON
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2017-07-19
Name of individual signing JAMES J. BANNON
Valid signature Filed with authorized/valid electronic signature
KOREL CONTROLS, INC. PROFIT SHARING PLAN 2015 050498228 2016-10-17 KOREL CONTROLS, INC. 8
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1999-01-01
Business code 238220
Sponsor’s telephone number 4019435886
Plan sponsor’s address ONE HARRY STREET, CRANSTON, RI, 029073128

Signature of

Role Plan administrator
Date 2016-10-17
Name of individual signing JAMES J. BANNON
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2016-10-17
Name of individual signing JAMES J. BANNON
Valid signature Filed with authorized/valid electronic signature
KOREL CONTROLS, INC. PROFIT SHARING PLAN 2014 050498228 2015-10-14 KOREL CONTROLS, INC. 9
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1999-01-01
Business code 238220
Sponsor’s telephone number 4019435886
Plan sponsor’s address ONE HARRY STREET, CRANSTON, RI, 029073128

Signature of

Role Plan administrator
Date 2015-10-14
Name of individual signing JAMES BANNON
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2015-10-14
Name of individual signing JAMES BANNON
Valid signature Filed with authorized/valid electronic signature
File https://efast2-filings-public.s3.amazonaws.com/prd/2014/09/03/20140903121137P030112601703001.pdf
Three-digit plan number (PN) 001
Effective date of plan 1999-01-01
Business code 238220
Sponsor’s telephone number 4019435886
Plan sponsor’s address ONE HARRY STREET, CRANSTON, RI, 029073128

Signature of

Role Plan administrator
Date 2014-09-03
Name of individual signing JAMES BANNON
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2014-09-03
Name of individual signing JAMES BANNON
Valid signature Filed with authorized/valid electronic signature
File https://efast2-filings-public.s3.amazonaws.com/prd/2013/09/23/20130923100851P030003415411001.pdf
Three-digit plan number (PN) 001
Effective date of plan 1999-01-01
Business code 238220
Sponsor’s telephone number 4019435886
Plan sponsor’s address ONE HARRY STREET, CRANSTON, RI, 029073128

Signature of

Role Plan administrator
Date 2013-09-23
Name of individual signing JAMES BANNON
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2013-09-23
Name of individual signing JAMES BANNON
Valid signature Filed with authorized/valid electronic signature
File https://efast2-filings-public.s3.amazonaws.com/prd/2012/09/20/20120920141250P030006597556001.pdf
Three-digit plan number (PN) 001
Effective date of plan 1999-01-01
Business code 238220
Sponsor’s telephone number 4019435886
Plan sponsor’s address ONE HARRY STREET, CRANSTON, RI, 029073128

Plan administrator’s name and address

Administrator’s EIN 050498228
Plan administrator’s name KOREL CONTROLS, INC.
Plan administrator’s address ONE HARRY STREET, CRANSTON, RI, 029073128
Administrator’s telephone number 4019435886

Signature of

Role Plan administrator
Date 2012-09-20
Name of individual signing JAMES BANNON
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2012-09-20
Name of individual signing JAMES BANNON
Valid signature Filed with authorized/valid electronic signature
File https://efast2-filings-public.s3.amazonaws.com/prd/2011/04/26/20110426170037P030015168727001.pdf
Three-digit plan number (PN) 001
Effective date of plan 1999-01-01
Business code 238220
Sponsor’s telephone number 4019435886
Plan sponsor’s address ONE HARRY STREET, CRANSTON, RI, 029073128

Plan administrator’s name and address

Administrator’s EIN 050498228
Plan administrator’s name KOREL CONTROLS, INC.
Plan administrator’s address ONE HARRY STREET, CRANSTON, RI, 029073128
Administrator’s telephone number 4019435886

Signature of

Role Plan administrator
Date 2011-04-26
Name of individual signing JAMES BANNON
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2011-04-26
Name of individual signing JAMES BANNON
Valid signature Filed with authorized/valid electronic signature
File https://efast2-filings-public.s3.amazonaws.com/prd/2010/08/30/20100830111321P030044656679001.pdf
Three-digit plan number (PN) 001
Effective date of plan 1999-01-01
Business code 238220
Sponsor’s telephone number 4019435886
Plan sponsor’s address ONE HARRY STREET, CRANSTON, RI, 029073128

Plan administrator’s name and address

Administrator’s EIN 050498228
Plan administrator’s name KOREL CONTROLS, INC.
Plan administrator’s address ONE HARRY STREET, CRANSTON, RI, 029073128
Administrator’s telephone number 4019435886

Signature of

Role Plan administrator
Date 2010-08-30
Name of individual signing JAMES BANNON
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2010-08-30
Name of individual signing JAMES BANNON
Valid signature Filed with authorized/valid electronic signature

Agent

Name Role Address
ORSON AND BRUSINI LTD. Agent 211 QUAKER LANE SUITE 201, WEST WARWICK, RI, 02893, USA

PRESIDENT

Name Role Address
JAMES J BANNON PRESIDENT ONE HARRY STREET CRANSTON, RI 02907 USA

Filings

Number Name File Date
202445090170 Annual Report 2024-01-30
202328670600 Annual Report 2023-02-14
202224303990 Statement of Change of Registered/Resident Agent Office 2022-10-21
202211139900 Annual Report 2022-02-16
202188121340 Annual Report 2021-01-27
202033205410 Annual Report 2020-01-27
201985618820 Annual Report 2019-01-30
201857116720 Annual Report 2018-01-29
201733681300 Annual Report 2017-02-06
201729713800 Annual Report 2017-01-09

USAspending Awards. Contracts

Contract Type Award or IDV Flag PIID Start Date Current End Date Potential End Date
PO AWARD INFPX01522 2011-01-25 2011-06-01 2011-06-01
Unique Award Key CONT_AWD_INFPX01522_1448_-NONE-_-NONE-
Awarding Agency Department of the Interior
Link View Page

Description

Title UPGRADE OF HVAC CONTROLLER TO AN INTERNET BASED UNIT SO THAT PERSONNEL MAY OPERATE SYSTEMS IN CASE OF POWER OUTAGES.
NAICS Code 238210: ELECTRICAL CONTRACTORS AND OTHER WIRING INSTALLATION CONTRACTORS
Product and Service Codes Z111: MAINT-REP-ALT/OFFICE BLDGS

Recipient Details

Recipient KOREL CONTROLS INC
UEI VCWFQM8RE8M3
Legacy DUNS 086052912
Recipient Address 1 HARRY ST STE 5, CRANSTON, 029073128, UNITED STATES
PO AWARD INF51660AM057 2010-06-02 2011-04-15 2011-04-15
Unique Award Key CONT_AWD_INF51660AM057_1448_-NONE-_-NONE-
Awarding Agency Department of the Interior
Link View Page

Description

Title MAINTENANCE OF HVAC SYSTEM
NAICS Code 238210: ELECTRICAL CONTRACTORS AND OTHER WIRING INSTALLATION CONTRACTORS
Product and Service Codes J099: MAINT-REP OF MISC EQ

Recipient Details

Recipient KOREL CONTROLS INC
UEI VCWFQM8RE8M3
Legacy DUNS 086052912
Recipient Address 1 HARRY ST STE 5, CRANSTON, 029073128, UNITED STATES
PO AWARD INF516608M003 2007-10-25 2007-10-25 No data
Unique Award Key CONT_AWD_INF516608M003_1448_-NONE-_-NONE-
Awarding Agency Department of the Interior
Link View Page

Description

Recipient Details

Recipient KOREL CONTROLS INC
UEI VCWFQM8RE8M3
Legacy DUNS 086052912
Recipient Address 1 HARRY ST STE 5, CRANSTON, 029073128, UNITED STATES

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
8593717105 2020-04-15 0165 PPP 1 HARRY ST, CRANSTON, RI, 02907-3128
Loan Status Date 2021-07-07
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 190736
Loan Approval Amount (current) 190736
Undisbursed Amount 0
Franchise Name -
Lender Location ID 65777
Servicing Lender Name The Washington Trust Company of Westerly
Servicing Lender Address 23 Broad St, WESTERLY, RI, 02891-1879
Rural or Urban Indicator U
Hubzone N
LMI Y
Business Age Description Existing or more than 2 years old
Project Address CRANSTON, PROVIDENCE, RI, 02907-3128
Project Congressional District RI-02
Number of Employees 7
NAICS code 238990
Borrower Race White
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 65777
Originating Lender Name The Washington Trust Company of Westerly
Originating Lender Address WESTERLY, RI
Gender Male Owned
Veteran Unanswered
Forgiveness Amount 192897.67
Forgiveness Paid Date 2021-06-11
2814188410 2021-02-04 0165 PPS 1 Harry St, Cranston, RI, 02907-3128
Loan Status Date 2021-12-10
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 136061.65
Loan Approval Amount (current) 136061.65
Undisbursed Amount 0
Franchise Name -
Lender Location ID 65777
Servicing Lender Name The Washington Trust Company of Westerly
Servicing Lender Address 23 Broad St, WESTERLY, RI, 02891-1879
Rural or Urban Indicator U
Hubzone N
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Cranston, PROVIDENCE, RI, 02907-3128
Project Congressional District RI-02
Number of Employees 7
NAICS code 333414
Borrower Race White
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 65777
Originating Lender Name The Washington Trust Company of Westerly
Originating Lender Address WESTERLY, RI
Gender Male Owned
Veteran Unanswered
Forgiveness Amount 137150.14
Forgiveness Paid Date 2021-11-26

Date of last update: 09 Apr 2025

Sources: Rhode Island Department of State