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QUALITY RETAIL SYSTEMS INC.

Company Details

Name: QUALITY RETAIL SYSTEMS INC.
Jurisdiction: New York
Legal type: DOMESTIC BUSINESS CORPORATION
Status: Active
Date of registration: 28 Nov 1990 (34 years ago)
Entity Number: 1491300
ZIP code: 12154
County: Rensselaer
Place of Formation: New York
Address: 1531 NY RTE 67, SCHAGHTICOKE, NY, United States, 12154

Shares Details

Shares issued 400

Share Par Value 0

Type NO PAR VALUE

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
QUALITY RETAIL SYSTEMS, INC. 401(K) PLAN 2023 141736650 2024-10-15 QUALITY RETAIL SYSTEMS, INC. 60
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1991-11-01
Business code 423700
Sponsor’s telephone number 5187534500
Plan sponsor’s address 1531 RT 67, SCHAGHTICOKE, NY, 12154

Signature of

Role Plan administrator
Date 2024-10-15
Name of individual signing DAVID AKIN
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2024-08-07
Name of individual signing DAVID AKIN
Valid signature Filed with authorized/valid electronic signature
QUALITY RETAIL SYSTEMS, INC. 401(K) PLAN 2022 141736650 2023-07-11 QUALITY RETAIL SYSTEMS, INC. 55
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1991-11-01
Business code 423700
Sponsor’s telephone number 5187534500
Plan sponsor’s address 1531 RT 67, SCHAGHTICOKE, NY, 12154

Signature of

Role Plan administrator
Date 2023-07-11
Name of individual signing DAVID AKIN
Role Employer/plan sponsor
Date 2023-07-11
Name of individual signing DAVID AKIN
QUALITY RETAIL SYSTEMS, INC. 401(K) PLAN 2021 141736650 2022-05-09 QUALITY RETAIL SYSTEMS, INC. 56
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1991-11-01
Business code 423700
Sponsor’s telephone number 5187534500
Plan sponsor’s address 1531 RT 67, SCHAGHTICOKE, NY, 12154

Signature of

Role Plan administrator
Date 2022-05-09
Name of individual signing DAVID AKIN
Role Employer/plan sponsor
Date 2022-05-09
Name of individual signing DAVID AKIN
QUALITY RETAIL SYSTEMS, INC. 401(K) PLAN 2020 141736650 2021-02-23 QUALITY RETAIL SYSTEMS, INC. 49
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1991-11-01
Business code 423700
Sponsor’s telephone number 5187534500
Plan sponsor’s address 1531 RT 67, SCHAGHTICOKE, NY, 12154

Signature of

Role Plan administrator
Date 2021-02-23
Name of individual signing DAVID AKIN
Role Employer/plan sponsor
Date 2021-02-23
Name of individual signing DAVID AKIN
QUALITY RETAIL SYSTEMS, INC. 401(K) PLAN 2019 141736650 2020-04-07 QUALITY RETAIL SYSTEMS, INC. 52
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1991-11-01
Business code 423700
Sponsor’s telephone number 5187534500
Plan sponsor’s address 1531 RT 67, SCHAGHTICOKE, NY, 12154

Signature of

Role Plan administrator
Date 2020-04-07
Name of individual signing DAVID AKIN
Role Employer/plan sponsor
Date 2020-04-07
Name of individual signing DAVID AKIN
QUALITY RETAIL SYSTEMS, INC. 401(K) PLAN 2018 141736650 2019-04-23 QUALITY RETAIL SYSTEMS, INC. 50
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1991-11-01
Business code 423700
Sponsor’s telephone number 5187534500
Plan sponsor’s address 1531 RT 67, SCHAGHTICOKE, NY, 12154

Signature of

Role Plan administrator
Date 2019-04-23
Name of individual signing DAVID AKIN
Role Employer/plan sponsor
Date 2019-04-23
Name of individual signing DAVID AKIN
QUALITY RETAIL SYSTEMS, INC. 401(K) PLAN 2017 141736650 2018-06-20 QUALITY RETAIL SYSTEMS, INC. 48
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1991-11-01
Business code 423700
Sponsor’s telephone number 5187534500
Plan sponsor’s address 1531 RT 67, SCHAGHTICOKE, NY, 12154

Signature of

Role Plan administrator
Date 2018-06-20
Name of individual signing DAVID AKIN
Role Employer/plan sponsor
Date 2018-06-20
Name of individual signing DAVID AKIN
QUALITY RETAIL SYSTEMS, INC. 401(K) PLAN 2016 141736650 2017-05-30 QUALITY RETAIL SYSTEMS, INC. 50
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1991-11-01
Business code 423700
Sponsor’s telephone number 5187534500
Plan sponsor’s address 1531 RT 67, SCHAGHTICOKE, NY, 12154

Signature of

Role Plan administrator
Date 2017-05-30
Name of individual signing DAVID AKIN
Role Employer/plan sponsor
Date 2017-05-30
Name of individual signing DAVID AKIN
QUALITY RETAIL SYSTEMS, INC. 401(K) PLAN 2015 141736650 2016-02-17 QUALITY RETAIL SYSTEMS, INC. 53
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1991-11-01
Business code 423700
Sponsor’s telephone number 5187534500
Plan sponsor’s address 1531 RT 67, SCHAGHTICOKE, NY, 12154

Signature of

Role Plan administrator
Date 2016-02-17
Name of individual signing TIMOTHY SALISBURY
Role Employer/plan sponsor
Date 2016-02-17
Name of individual signing TIMOTHY SALISBURY
QUALITY RETAIL SYSTEMS, INC. 401(K) PLAN 2014 141736650 2015-06-16 QUALITY RETAIL SYSTEMS, INC. 53
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1991-11-01
Business code 423700
Sponsor’s telephone number 5187534500
Plan sponsor’s address 1531 RT 67, SCHAGHTICOKE, NY, 12154

Signature of

Role Plan administrator
Date 2015-06-16
Name of individual signing TIMOTHY SALISBURY
Role Employer/plan sponsor
Date 2015-06-16
Name of individual signing TIMOTHY SALISBURY

Chief Executive Officer

Name Role Address
HOWARD AKIN Chief Executive Officer 1531 NY RTE 67, SCHAGHTICOKE, NY, United States, 12154

DOS Process Agent

Name Role Address
THE CORPORATION DOS Process Agent 1531 NY RTE 67, SCHAGHTICOKE, NY, United States, 12154

History

Start date End date Type Value
1993-11-17 2004-12-13 Address 18-2 ROUTE 67, SCHAGHTICOKE, NY, 12154, USA (Type of address: Chief Executive Officer)
1993-11-17 2004-12-13 Address 18-2 ROUTE 67, SCHAGHTICOKE, NY, 12154, USA (Type of address: Principal Executive Office)
1993-11-17 2004-12-13 Address 18-2 ROUTE 67, SCHAGHTICOKE, NY, 12154, USA (Type of address: Service of Process)
1990-11-28 2002-08-06 Shares Share type: NO PAR VALUE, Number of shares: 200, Par value: 0
1990-11-28 1993-11-17 Address BOX 353, LONGMEADOW ROAD, JOHNSONVILLE, NY, 12094, USA (Type of address: Service of Process)

Filings

Filing Number Date Filed Type Effective Date
170321006109 2017-03-21 BIENNIAL STATEMENT 2016-11-01
121126002325 2012-11-26 BIENNIAL STATEMENT 2012-11-01
101109002348 2010-11-09 BIENNIAL STATEMENT 2010-11-01
081022002800 2008-10-22 BIENNIAL STATEMENT 2008-11-01
061023002035 2006-10-23 BIENNIAL STATEMENT 2006-11-01
041213002150 2004-12-13 BIENNIAL STATEMENT 2004-11-01
020918002231 2002-09-18 BIENNIAL STATEMENT 2000-11-01
020806000045 2002-08-06 CERTIFICATE OF AMENDMENT 2002-08-06
931117002059 1993-11-17 BIENNIAL STATEMENT 1993-11-01
901128000078 1990-11-28 CERTIFICATE OF INCORPORATION 1990-11-28

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
3774207101 2020-04-12 0248 PPP 1531 Rte-67, SCHAGHTICOKE, NY, 12154-2730
Loan Status Date 2020-12-19
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 442474
Loan Approval Amount (current) 442474
Undisbursed Amount 0
Franchise Name -
Lender Location ID 56102
Servicing Lender Name KeyBank National Association
Servicing Lender Address 127 Public Sq, CLEVELAND, OH, 44114-1217
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Unanswered
Project Address SCHAGHTICOKE, RENSSELAER, NY, 12154-2730
Project Congressional District NY-21
Number of Employees 33
NAICS code 423420
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 56102
Originating Lender Name KeyBank National Association
Originating Lender Address CLEVELAND, OH
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 444922.76
Forgiveness Paid Date 2020-11-05
5907198307 2021-01-26 0248 PPS 1531 NY Route 67, Schaghticoke, NY, 12154
Loan Status Date 2021-12-18
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 506837
Loan Approval Amount (current) 506837
Undisbursed Amount 0
Franchise Name -
Lender Location ID 56102
Servicing Lender Name KeyBank National Association
Servicing Lender Address 127 Public Sq, CLEVELAND, OH, 44114-1217
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Schaghticoke, RENSSELAER, NY, 12154
Project Congressional District NY-19
Number of Employees 36
NAICS code 423430
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 56102
Originating Lender Name KeyBank National Association
Originating Lender Address CLEVELAND, OH
Gender Male Owned
Veteran Unanswered
Forgiveness Amount 510836.15
Forgiveness Paid Date 2021-11-26

Date of last update: 15 Mar 2025

Sources: New York Secretary of State