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Nicholson Yachts of Newport, Inc.

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
County: Newport County
Principal Address: 56 BRIDGE STREET SUITE 2-WEST, NEWPORT, RI, 02840, USA
Purpose: TO OPERATE A YACHT CHARTERING & YACHT SALES BUSINESS
Fictitious names: Nicholson Yachts Worldwide (trading name, 2011-12-05 - )

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

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
202055004150 Revocation Notice For Failure to File An Annual Report 2020-09-16
201915692830 Annual Report 2019-08-27
201907018000 Revocation Notice For Failure to File An Annual Report 2019-07-24
201862002980 Annual Report 2018-04-12
201743489840 Annual Report 2017-05-24

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
6565968502 2021-03-04 0165 PPS 56 Bridge St Ste 2-WEST, Newport, RI, 02840-2450
Loan Status Date 2022-05-20
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 31500
Loan Approval Amount (current) 31500
Undisbursed Amount 0
Franchise Name -
Lender Location ID 65657
Servicing Lender Name BankNewport
Servicing Lender Address 10 Washington Sq, NEWPORT, RI, 02840-2948
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Newport, NEWPORT, RI, 02840-2450
Project Congressional District RI-01
Number of Employees 2
NAICS code 721199
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 65657
Originating Lender Name BankNewport
Originating Lender Address NEWPORT, RI
Gender Female Owned
Veteran Non-Veteran
Forgiveness Amount 31868.51
Forgiveness Paid Date 2022-05-09
3160357106 2020-04-11 0165 PPP 56 Bridge Street, 2-W, NEWPORT, RI, 02840
Loan Status Date 2021-08-24
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 31120
Loan Approval Amount (current) 31120
Undisbursed Amount 0
Franchise Name -
Lender Location ID 65657
Servicing Lender Name BankNewport
Servicing Lender Address 10 Washington Sq, NEWPORT, RI, 02840-2948
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address NEWPORT, NEWPORT, RI, 02840-0001
Project Congressional District RI-01
Number of Employees 2
NAICS code 532284
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 65657
Originating Lender Name BankNewport
Originating Lender Address NEWPORT, RI
Gender Female Owned
Veteran Non-Veteran
Forgiveness Amount 31532.66
Forgiveness Paid Date 2021-08-11

Date of last update: 09 Apr 2025

Sources: Rhode Island Department of State