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02871
Picnic, Ltd

Picnic, Ltd

Company Details

Name:	Picnic, Ltd
Jurisdiction:	Rhode Island
Entity type:	Domestic Profit Corporation
Status:	Activ
Date of Organization in Rhode Island:	19 Jan 2016 (9 years ago)
Identification Number:	001659741
ZIP code:	02871
County:	Newport County
Principal Address:	87 LAWRENCE DR, PORTSMOUTH, RI, 02871, USA
Purpose:	CAFE Title: 7-1.2-1701

Industry & Business Activity

NAICS

722513 Limited-Service Restaurants

This U.S. industry comprises establishments primarily engaged in providing food services (except snack and nonalcoholic beverage bars) where patrons generally order or select items and pay before eating. Food and drink may be consumed on premises, taken out, or delivered to the customer's location. Some establishments in this industry may provide these food services in combination with selling alcoholic beverages. Learn more at the U.S. Census Bureau

Agent

Name	Role	Address
TRACY BACH-SORENSEN	Agent	87 LAWRENCE DR, PORTSMOUTH, RI, 02871, USA

PRESIDENT

Name	Role	Address
TRACY BACH-SORENSEN	PRESIDENT	61 PROSPECT LANE PORTSMOUTH, RI 02871 USA

VICE PRESIDENT

Name	Role	Address
JOHN BACH-SORENSEN	VICE PRESIDENT	61 PROSPECT LANE PORTSMOUTH, RI 02871 USA

Filings

Number	Name	File Date
202448026680	Statement of Change of Registered/Resident Agent	2024-03-11
202448026040	Annual Report	2024-03-07
202335788710	Annual Report	2023-05-18
202101914150	Annual Report	2021-09-22
202186189090	Annual Report	2021-01-15
201923341340	Annual Report	2019-10-07
201985047710	Annual Report	2019-01-24
201858850740	Annual Report	2018-02-23
201730524150	Annual Report	2017-01-20
201690860990	Articles of Incorporation	2016-01-19

Paycheck Protection Program

Loan Number

Loan Funded Date

SBA Origination Office Code

Loan Delivery Method

Borrower Street Address

1210258401

2021-02-01

0165

PPS

28 Bellevue Ave, Newport, RI, 02840-3206

Loan Status Date	2021-10-20
Loan Status	Paid in Full
Loan Maturity in Months	60
SBA Guaranty Percentage	100
Loan Approval Amount (at origination)	40806.5
Loan Approval Amount (current)	40806.5
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, 02840-3206
Project Congressional District	RI-01
Number of Employees	6
NAICS code	722513
Borrower Race	Unanswered
Borrower Ethnicity	Unknown/NotStated
Business Type	Corporation
Originating Lender ID	65657
Originating Lender Name	BankNewport
Originating Lender Address	NEWPORT, RI
Gender	Unanswered
Veteran	Unanswered
Forgiveness Amount	41080.41
Forgiveness Paid Date	2021-10-06

5102267006

2020-04-05

0165

PPP

28 Bellevue Ave, NEWPORT, RI, 02840-3206

Loan Status Date	2021-05-21
Loan Status	Paid in Full
Loan Maturity in Months	24
SBA Guaranty Percentage	100
Loan Approval Amount (at origination)	17100
Loan Approval Amount (current)	29141
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, 02840-3206
Project Congressional District	RI-01
Number of Employees	5
NAICS code	722511
Borrower Race	Unanswered
Borrower Ethnicity	Unknown/NotStated
Business Type	Corporation
Originating Lender ID	65657
Originating Lender Name	BankNewport
Originating Lender Address	NEWPORT, RI
Gender	Unanswered
Veteran	Unanswered
Forgiveness Amount	29435.6
Forgiveness Paid Date	2021-04-27

Date of last update: 26 Oct 2024

Sources: Rhode Island Department of State