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MAG Ventures LLC

Company Details

Name: MAG Ventures LLC
Jurisdiction: Rhode Island
Entity type: Domestic Limited Liability Company
Status: Activ
Date of Organization in Rhode Island: 12 May 2015 (10 years ago)
Identification Number: 001335147
ZIP code: 02917
County: Providence County
Principal Address: 85 DOUGLAS AVENUE, SMITHFIELD, RI, 02917, USA
Mailing Address: 415 TAUNTON AVENUE, EAST PROVIDENCE, RI, 02914, USA
Purpose: NEW VEHICLE FRANCHISE AUTOMOBILE DEALERSHIP
Fictitious names: Grieco Scion (trading name, 2015-06-18 - )
Metro Scion (trading name, 2015-06-18 - )
Grieco Toyota (trading name, 2015-06-17 - )
Metro Toyota Scion (trading name, 2015-06-10 - )

Industry & Business Activity

NAICS

441110 New Car Dealers

This industry comprises establishments primarily engaged in retailing new automobiles and light trucks, such as sport utility vehicles, and passenger and cargo vans, or retailing these new vehicles in combination with activities, such as repair services, retailing used cars, and selling replacement parts and accessories. Learn more at the U.S. Census Bureau

Agent

Name Role Address
SCOTT R. OLENSKI Agent 85 DOUGLAS AVENUE, SMITHFIELD, RI, 02917, USA

Filings

Number Name File Date
202452189810 Annual Report 2024-04-23
202336749170 Annual Report 2023-06-13
202215024040 Annual Report 2022-04-18
202106792500 Annual Report 2021-12-03
202106008250 Revocation Notice For Failure to File An Annual Report 2021-12-03
202067281150 Annual Report 2020-10-22
201922746830 Annual Report - Amended 2019-10-04
201922731610 Annual Report 2019-10-04
201991054700 Annual Report 2019-04-24
201748719780 Annual Report 2017-08-23

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
4489407010 2020-04-03 0165 PPP 415 TAUNTON AVE, EAST PROVIDENCE, RI, 02914-2633
Loan Status Date 2021-07-10
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 848500
Loan Approval Amount (current) 1074515
Undisbursed Amount 0
Franchise Name Toyota Motors Sales, U.S.A., Inc. - Dealer Agreement
Lender Location ID 89240
Servicing Lender Name Mechanics Cooperative Bank
Servicing Lender Address 470 Myles Standish Blvd, Taunton, MA, 02780
Rural or Urban Indicator U
Hubzone N
LMI Y
Business Age Description Existing or more than 2 years old
Project Address EAST PROVIDENCE, PROVIDENCE, RI, 02914-2633
Project Congressional District RI-01
Number of Employees 78
NAICS code 441110
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Limited Liability Company(LLC)
Originating Lender ID 89240
Originating Lender Name Mechanics Cooperative Bank
Originating Lender Address Taunton, MA
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 1087588.27
Forgiveness Paid Date 2021-06-28

Date of last update: 23 Oct 2024

Sources: Rhode Island Department of State