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First Atlantic Auto Credit, LLC

Company Details

Name: First Atlantic Auto Credit, LLC
Jurisdiction: Rhode Island
Entity type: Foreign Limited Liability Company
Status: Cancelled
Date of Organization in Rhode Island: 05 Apr 2016 (9 years ago)
Date of Dissolution: 30 Aug 2024 (8 months ago)
Date of Status Change: 30 Aug 2024 (8 months ago)
Identification Number: 001661997
ZIP code: 02915
County: Providence County
Place of Formation: DELAWARE
Principal Address: 54 AMARAL STREET, RIVERSIDE, RI, 02915, USA
Purpose: PURCHASE AUTOMOTIVE RETAIL INSTALLMENT SALES CONTRACTS FROM RI LICENSED AUTOMOTIVE DEALERSHIPS

Industry & Business Activity

NAICS

522220 Sales Financing

This industry comprises establishments primarily engaged in sales financing or sales financing in combination with leasing. Sales financing establishments are primarily engaged in lending money for the purpose of providing collateralized goods through a contractual installment sales agreement, either directly from or through arrangements with dealers. Learn more at the U.S. Census Bureau

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
FAAC RETIREMENT PLAN 2022 811189823 2023-07-28 FIRST ATLANTIC AUTO CREDIT LLC 4
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2021-01-01
Business code 522291
Sponsor’s telephone number 4017539601
Plan sponsor’s address 54 AMARAL STREET, RIVERSIDE, RI, 02915

Signature of

Role Plan administrator
Date 2023-07-27
Name of individual signing ROBERT NEALON
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2023-07-27
Name of individual signing ROBERT NEALON
Valid signature Filed with authorized/valid electronic signature
FAAC RETIREMENT PLAN 2021 811189823 2022-08-16 FIRST ATLANTIC AUTO CREDIT LLC 4
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2021-01-01
Business code 522291
Sponsor’s telephone number 4017539601
Plan sponsor’s address 54 AMARAL STREET, RIVERSIDE, RI, 02915

Signature of

Role Plan administrator
Date 2022-08-15
Name of individual signing ROBERT NEALON
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2022-08-15
Name of individual signing ROBERT NEALON
Valid signature Filed with authorized/valid electronic signature

Agent

Name Role Address
CORPORATION SERVICE COMPANY Agent 222 JEFFERSON BOULEVARD SUITE 200, WARWICK, RI, 02888, USA

MANAGER

Name Role Address
BOCADA FAAC LLC MANAGER 54 AMARAL STREET RIVERSIDE, RI 02915 USA
ROBERT T NEALON III MANAGER 54 AMARAL STREET RIVERSIDE, RI 02915 USA
THE 2009 BEANS FAMILY TRUST MANAGER 54 AMARAL STREET RIVERSIDE, RI 02915 USA

Filings

Number Name File Date
202459152970 Certificate of Cancellation 2024-08-30
202452089480 Annual Report 2024-04-23
202334283270 Annual Report 2023-04-27
202215852210 Annual Report 2022-04-27
202103542810 Annual Report 2021-10-20
202065062760 Annual Report 2020-10-15
201917829630 Annual Report 2019-09-06
201879517790 Annual Report 2018-10-16
201855525100 Annual Report - Amended 2018-01-02
201754259610 Statement of Change of Registered/Resident Agent 2017-11-30

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
2422487106 2020-04-10 0165 PPP 54 Amaral St, RIVERSIDE, RI, 02915-2205
Loan Status Date 2023-05-10
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 68050
Loan Approval Amount (current) 68050
Undisbursed Amount 0
Franchise Name -
Lender Location ID 57328
Servicing Lender Name The Huntington National Bank
Servicing Lender Address 17 S High St., COLUMBUS, OH, 43215-3413
Rural or Urban Indicator U
Hubzone N
LMI Y
Business Age Description Existing or more than 2 years old
Project Address RIVERSIDE, PROVIDENCE, RI, 02915-2205
Project Congressional District RI-01
Number of Employees 6
NAICS code 522220
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Limited Liability Company(LLC)
Originating Lender ID 57328
Originating Lender Name The Huntington National Bank
Originating Lender Address COLUMBUS, OH
Gender Unanswered
Veteran Unanswered
Forgiveness Amount -
Forgiveness Paid Date -

Date of last update: 26 Oct 2024

Sources: Rhode Island Department of State