PPP Loan information for Letter systems inc

$2,000,000

Letter systems inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/05/2021 by The Manufacturers and Traders Trust Company reported 152 jobs and $2,000,000 was used to fund payroll.

Letter systems inc is Existing or more than 2 years old

PPP Loan Search / ME / Augusta / Letter systems inc

LETTER SYSTEMS INC

Date Approved

02/05/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

LETTER SYSTEMS INC

Borrower Address

15 Darin Dr

Borrower City

Augusta

Borrower State

ME

Borrower Zip

04330-7815

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Augusta

Project County Name

KENNEBEC

Project State

ME

Project Zip

04330-7815

CD

ME-02

Jobs Reported

152

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2010520.55

Forgiveness Date

08/23/2021

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