As part of the Paycheck Protection Program LETTER SYSTEMS, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

LETTER SYSTEMS, INC


Loan Amount	$2,493,000
BusinessName	LETTER SYSTEMS, INC
Address	15 DARIN DR
City	AUGUSTA
State	ME
Zip	4330
NAICSCode	323111
BusinessType	Employee Stock Ownership Plan(ESOP)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	121
DateApproved	04/06/2020
Lender	People's United Bank, National Association
CD	ME-01
BusinessName.clean	LETTER SYSTEMS

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

LETTIRE CONTRUCTION CORP
LEUCO TOOL
LEVAIN BAKERY COOKIE COMPANY
LEVANGIE ELECTRIC CO
LEVARI TRUCKING CO