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BUY RITE ELECTRONICS INC.

Company Details

Name: BUY RITE ELECTRONICS INC.
Jurisdiction: New York
Legal type: DOMESTIC BUSINESS CORPORATION
Status: Active
Date of registration: 25 Jan 2002 (23 years ago)
Entity Number: 2723664
ZIP code: 11204
County: Kings
Place of Formation: New York
Address: 1632 59TH STREET, BROOKLYN, NY, United States, 11204
Principal Address: 1632 59TH ST, BROOKLYN, NY, United States, 11204

Shares Details

Shares issued 200

Share Par Value 0

Type NO PAR VALUE

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
BUY RITE ELECTRONICS INC DEFINED BENEFIT PLAN 2019 030385992 2020-08-03 BUY RITE ELECTRONICS, INC. 6
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-01-01
Business code 423600
Sponsor’s telephone number 7182592857
Plan sponsor’s address 1632 59TH ST., BROOKLYN, NY, 11204

Signature of

Role Plan administrator
Date 2020-08-03
Name of individual signing BEREL GOULD
BUY RITE ELECTRONICS INC DEFINED BENEFIT PLAN 2018 030385992 2019-07-30 BUY RITE ELECTRONICS, INC. 6
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-01-01
Business code 423600
Sponsor’s telephone number 7182592857
Plan sponsor’s address 1632 59TH ST., BROOKLYN, NY, 11204

Signature of

Role Plan administrator
Date 2019-07-30
Name of individual signing BEREL GOULD
BUY RITE ELECTRONICS INC DEFINED BENEFIT PLAN 2017 030385992 2018-06-26 BUY RITE ELECTRONICS, INC. 5
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-01-01
Business code 423600
Sponsor’s telephone number 7182592857
Plan sponsor’s address 1632 59TH ST., BROOKLYN, NY, 11204

Signature of

Role Plan administrator
Date 2018-06-26
Name of individual signing BEREL GOULD
BUY RITE ELECTRONICS INC DEFINED BENEFIT PLAN 2016 030385992 2017-07-25 BUY RITE ELECTRONICS, INC. 5
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-01-01
Business code 423600
Sponsor’s telephone number 7182592857
Plan sponsor’s address 1633 59TH ST., BROOKLYN, NY, 11204

Signature of

Role Plan administrator
Date 2017-07-25
Name of individual signing BEREL GOULD
BUY RITE ELECTRONICS INC DEFINED BENEFIT PLAN 2015 030385992 2016-09-28 BUY RITE ELECTRONICS, INC. 4
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-01-01
Business code 423600
Sponsor’s telephone number 7182592857
Plan sponsor’s address 1633 59TH ST., BROOKLYN, NY, 11204

Signature of

Role Plan administrator
Date 2016-09-28
Name of individual signing BEREL GOULD
BUY RITE ELECTRONICS INC DEFINED BENEFIT PLAN 2014 030385992 2015-10-12 BUY RITE ELECTRONICS, INC. 3
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2013-01-01
Business code 423600
Sponsor’s telephone number 7182592857
Plan sponsor’s address 1633 59TH ST., BROOKLYN, NY, 11204

Signature of

Role Plan administrator
Date 2015-10-12
Name of individual signing BEREL GOULD

DOS Process Agent

Name Role Address
THE CORPORATION DOS Process Agent 1632 59TH STREET, BROOKLYN, NY, United States, 11204

Chief Executive Officer

Name Role Address
BEREL GOULD Chief Executive Officer 1632 59TH ST, BROOKLYN, NY, United States, 11204

Filings

Filing Number Date Filed Type Effective Date
100316002550 2010-03-16 BIENNIAL STATEMENT 2010-01-01
080122002271 2008-01-22 BIENNIAL STATEMENT 2008-01-01
060227002894 2006-02-27 BIENNIAL STATEMENT 2006-01-01
040210002597 2004-02-10 BIENNIAL STATEMENT 2004-01-01
020125000770 2002-01-25 CERTIFICATE OF INCORPORATION 2002-01-25

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
8513227700 2020-05-01 0202 PPP 5014 16th Ave suite 118, Brooklyn, NY, 11204
Loan Status Date 2021-12-16
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 71769
Loan Approval Amount (current) 71769
Undisbursed Amount 0
Franchise Name -
Lender Location ID 456756
Servicing Lender Name Cross River Bank
Servicing Lender Address 885 Teaneck Rd, TEANECK, NJ, 07666-4546
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Brooklyn, KINGS, NY, 11204-0001
Project Congressional District NY-09
Number of Employees 6
NAICS code 453998
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Limited Liability Company(LLC)
Originating Lender ID 456756
Originating Lender Name Cross River Bank
Originating Lender Address TEANECK, NJ
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 72858.32
Forgiveness Paid Date 2021-11-17

Date of last update: 30 Mar 2025

Sources: New York Secretary of State