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  5. Nicholson Yachts of Newport, Inc.

Nicholson Yachts of Newport, Inc.

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Company Details

Name: Nicholson Yachts of Newport, Inc.
Jurisdiction: Rhode Island
Entity type: Domestic Profit Corporation
Status: Activ
Date of Organization in Rhode Island: 19 Feb 1999 (26 years ago)
Identification Number: 000105054
ZIP code: 02840
City: Newport
County: Newport County
Purpose: TO OPERATE A YACHT CHARTERING & YACHT SALES BUSINESS
Fictitious names: Nicholson Yachts Worldwide (trading name, 2011-12-05 - )
Principal Address: Google Maps Logo 56 BRIDGE STREET SUITE 2-WEST, NEWPORT, RI, 02840, USA

Industry & Business Activity

NAICS

532284 Recreational Goods Rental

This U.S. industry comprises establishments primarily engaged in renting recreational goods, such as bicycles, canoes, motorcycles, skis, sailboats, beach chairs, and beach umbrellas. Learn more at the U.S. Census Bureau

Companies doing Recreational goods rental

Agent

Name Role Address
GREGORY F. FATER, ESQ. Agent 55 MEMORIAL BOULEVARD, NEWPORT, RI, 02840, USA

PRESIDENT

Name Role Address
KAREN T KELLY SHEA PRESIDENT 56 BRIDGE STREET, #2-W NEWPORT, RI 02840 UNI
KAREN KELLY SHEA PRESIDENT 56 BRIDGE STREET, SUITE 2-WEST NEWPORT, RI 02840 USA

NICHOLSON YACHTS OF NEWPORT, INC.

Name Role Address
KAREN KELLY SHEA NICHOLSON YACHTS OF NEWPORT, INC. 56 BRIDGE STREET, SUITE 2-WEST NEWPORT, RI 02840 US

OTHER OFFICER

Name Role Address
KAREN TERESA KELLY SHEA OTHER OFFICER 56 BRIDGE STREET, SUITE 2-WEST NEWPORT, RI 02840 USA

Filings

Number Name File Date
202446449490 Annual Report 2024-02-15
202334734970 Annual Report 2023-04-30
202216797330 Annual Report 2022-05-04
202193361360 Annual Report 2021-03-01
202057630500 Annual Report 2020-09-24

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 TERMINATION
UCC Filing Number:
202227078480
Filing Date:
2022-06-10
Action:
TerminationSecuredParty

Parties

Party Name:
Nicholson Yachts of Newport, Inc.
Party Role:
Debtor(s)

Uniform Commercial Code Summary

Type:
UCC-1 Standard
UCC Filing Number:
201921794760
Filing Date:
2019-11-07
Action:
InitialFiling

Parties

Party Name:
Nicholson Yachts of Newport, Inc.
Party Role:
Debtor(s)
Party Name:
CITIZENS BANK, N.A.
Party Role:
Secured Parties

USAspending Awards / Financial Assistance

Business Type:
SMALL BUSINESS
Date:
2021-03-04
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:
$31,500
Total Face Value Of Loan:
$31,500
Business Type:
SMALL BUSINESS
Date:
2020-06-16
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:
$2,000
Total Face Value Of Loan:
$0
Business Type:
SMALL BUSINESS
Date:
2020-04-12
Link:
View on USAspending
Awarding Agency Name:
Small Business Administration
Transaction Description:
ECONOMIC INJURY DISASTER GRANT
Obligated Amount:
$3,000
Face Value Of Loan:
$0
Total Face Value Of Loan:
$0
Business Type:
SMALL BUSINESS
Date:
2020-04-11
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:
$31,120
Total Face Value Of Loan:
$31,120

Paycheck Protection Program

Jobs Reported:
2
Initial Approval Amount:
$31,500
Date Approved:
2021-03-04
Loan Status:
Paid in Full
SBA Guaranty Percentage:
100
Current Approval Amount:
$31,500
Race:
White
Ethnicity:
Not Hispanic or Latino
Gender:
Female Owned
Veteran:
Non-Veteran
Forgiveness Amount:
$31,868.51
Servicing Lender:
BankNewport
Use of Proceeds:
Payroll: $31,496
Utilities: $1
Jobs Reported:
2
Initial Approval Amount:
$31,120
Date Approved:
2020-04-11
Loan Status:
Paid in Full
SBA Guaranty Percentage:
100
Current Approval Amount:
$31,120
Race:
White
Ethnicity:
Not Hispanic or Latino
Gender:
Female Owned
Veteran:
Non-Veteran
Forgiveness Amount:
$31,532.66
Servicing Lender:
BankNewport
Use of Proceeds:
Payroll: $31,120

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Clean Shore in Every Port, Ltd., which currently Revoked Entity, had registered address 56 BRIDGE STREET SUITE 2-WEST, NEWPORT, RI, 02840, USA.

Date of last update: 09 Jul 2025

Sources: Rhode Island Department of State

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