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Drasco Corp.

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Company Details

Name: Drasco Corp.
Jurisdiction: Rhode Island
Entity type: Domestic Profit Corporation
Status: Dissolved
Date of Organization in Rhode Island: 16 Feb 2015 (10 years ago)
Date of Dissolution: 10 Jun 2024 (a year ago)
Date of Status Change: 10 Jun 2024 (a year ago)
Identification Number: 001063594
ZIP code: 02920
City: Cranston
County: Providence County
Purpose: RESTAURANT Title: 7-1.2-1701
Fictitious names: Red Rice (trading name, 2015-03-11 - )
Principal Address: Google Maps Logo 197 HARVARD ST, CRANSTON, RI, 02920, USA

Industry & Business Activity

NAICS

722511 Full-Service Restaurants

This U.S. industry comprises establishments primarily engaged in providing food services to patrons who order and are served while seated (i.e., waiter/waitress service) and pay after eating. These establishments may provide this type of food service to patrons in combination with selling alcoholic beverages, providing carryout services, or presenting live nontheatrical entertainment. Learn more at the U.S. Census Bureau

Companies doing Full-service restaurants

Agent

Name Role Address
ANDREW G. SHOLES, ESQ. Agent 1375 WARWICK AVENUE, WARWICK, RI, 02888, USA

PRESIDENT

Name Role Address
THEA SOK PRESIDENT 197 HARVARD CRANSTON, RI 02920 USA

Filings

Number Name File Date
202455609360 Annual Report 2024-06-10
202455609450 Articles of Dissolution 2024-06-10
202339508350 Annual Report 2023-07-17
202338140290 Revocation Notice For Failure to File An Annual Report 2023-06-19
202213966360 Annual Report 2022-04-05

USAspending Awards / Financial Assistance

Business Type:
SMALL BUSINESS
Date:
2021-03-03
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:
$69,247.5
Total Face Value Of Loan:
$69,247.5
Business Type:
SMALL BUSINESS
Date:
2020-06-24
Link:
View on USAspending
Awarding Agency Name:
Small Business Administration
Transaction Description:
ECONOMIC INJURY DISASTER GRANT
Obligated Amount:
$10,000
Face Value Of Loan:
$0
Total Face Value Of Loan:
$0
Business Type:
SMALL BUSINESS
Date:
2020-06-23
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:
$56,732
Total Face Value Of Loan:
$56,732

Paycheck Protection Program

Jobs Reported:
17
Initial Approval Amount:
$56,732
Date Approved:
2020-06-23
Loan Status:
Paid in Full
SBA Guaranty Percentage:
100
Current Approval Amount:
$56,732
Race:
Asian
Ethnicity:
Unknown/NotStated
Gender:
Unanswered
Veteran:
Unanswered
Forgiveness Amount:
$57,257.35
Servicing Lender:
BankNewport
Use of Proceeds:
Payroll: $56,732
Jobs Reported:
17
Initial Approval Amount:
$69,247.5
Date Approved:
2021-03-03
Loan Status:
Paid in Full
SBA Guaranty Percentage:
100
Current Approval Amount:
$69,247.5
Race:
Asian
Ethnicity:
Unknown/NotStated
Gender:
Male Owned
Veteran:
Non-Veteran
Forgiveness Amount:
$70,535.69
Servicing Lender:
BankNewport
Use of Proceeds:
Payroll: $69,245.5
Utilities: $1

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Date of last update: 14 Jul 2025

Sources: Rhode Island Department of State

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