Letter Systems INC

$2,000,000 PPP Loan in Augusta, Maine

Loan Details

Loan Number
3555018404
Date Approved
Feb 5, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,010,521
Forgiveness Date
Aug 23, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Letter Systems INC
Address
15 Darin Dr
State
Maine
ZIP Code
04330-7815
Business Type
Employee Stock Ownership Plan(esop)
Industry (NAICS)
Manufacturing (323111)
Business Age
Existing or more than 2 years old
Jobs Reported
152
Estimated Revenue
$150.8M
Rural/Urban
Rural
Congressional District
ME-02

Loan Use Breakdown

Payroll
$1,999,995
Utilities
$1

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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