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02871
NEW CHINA 5588 INC

NEW CHINA 5588 INC

Company Details

Name:	NEW CHINA 5588 INC
Jurisdiction:	Rhode Island
Entity type:	Domestic Profit Corporation
Status:	Activ
Date of Organization in Rhode Island:	03 Dec 2018 (6 years ago)
Identification Number:	001690447
ZIP code:	02871
County:	Newport County
Principal Address:	3288 E MAIN ROAD, PORTSMOUTH, RI, 02871, USA
Purpose:	RESTAURANT

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
SU QING CHEN	Agent	3288 E MAIN RD, PORTSMOUTH, RI, 02871, USA

PRESIDENT

Name	Role	Address
SU QING CHEN	PRESIDENT	3288 E. MAIN ROAD PORTSMOUTH, RI 02871 USA

VICE PRESIDENT

Name	Role	Address
XU TONG LU	VICE PRESIDENT	3288 E MAIN RD PORTSMOUTH, RI 02871 USA

Filings

Number	Name	File Date
202453154060	Annual Report	2024-04-29
202334596190	Annual Report	2023-04-28
202207889000	Annual Report	2022-01-12
202184929030	Annual Report	2021-01-07
202032984460	Annual Report	2020-01-22
201984614850	Annual Report	2019-01-16
201882072400	Articles of Incorporation	2018-12-03

Paycheck Protection Program

Loan Number

Loan Funded Date

SBA Origination Office Code

Loan Delivery Method

Borrower Street Address

2273427203

2020-04-15

0165

PPP

3288 E. Main Rd, Portsmouth, RI, 02871

Loan Status Date	2021-02-20
Loan Status	Paid in Full
Loan Maturity in Months	24
SBA Guaranty Percentage	100
Loan Approval Amount (at origination)	20500
Loan Approval Amount (current)	20500
Undisbursed Amount	0
Franchise Name	-
Lender Location ID	434162
Servicing Lender Name	Citizens Bank, National Association
Servicing Lender Address	1 Citizens Plaza, PROVIDENCE, RI, 02903-1344
Rural or Urban Indicator	U
Hubzone	N
LMI	N
Business Age Description	Existing or more than 2 years old
Project Address	Portsmouth, NEWPORT, RI, 02871-0001
Project Congressional District	RI-01
Number of Employees	4
NAICS code	722513
Borrower Race	Asian
Borrower Ethnicity	Unknown/NotStated
Business Type	Corporation
Originating Lender ID	434162
Originating Lender Name	Citizens Bank, National Association
Originating Lender Address	PROVIDENCE, RI
Gender	Male Owned
Veteran	Non-Veteran
Forgiveness Amount	20647.71
Forgiveness Paid Date	2021-01-19

5473298304

2021-01-25

0165

PPS

3288 E Main Rd, Portsmouth, RI, 02871-4206

Loan Status Date	2021-09-29
Loan Status	Paid in Full
Loan Maturity in Months	60
SBA Guaranty Percentage	100
Loan Approval Amount (at origination)	39333
Loan Approval Amount (current)	39333
Undisbursed Amount	0
Franchise Name	-
Lender Location ID	434162
Servicing Lender Name	Citizens Bank, National Association
Servicing Lender Address	1 Citizens Plaza, PROVIDENCE, RI, 02903-1344
Rural or Urban Indicator	U
Hubzone	N
LMI	N
Business Age Description	Existing or more than 2 years old
Project Address	Portsmouth, NEWPORT, RI, 02871-4206
Project Congressional District	RI-01
Number of Employees	8
NAICS code	722513
Borrower Race	Asian
Borrower Ethnicity	Unknown/NotStated
Business Type	Corporation
Originating Lender ID	434162
Originating Lender Name	Citizens Bank, National Association
Originating Lender Address	PROVIDENCE, RI
Gender	Male Owned
Veteran	Non-Veteran
Forgiveness Amount	39551.76
Forgiveness Paid Date	2021-08-23

Date of last update: 27 Oct 2024

Sources: Rhode Island Department of State