# PPP loan: PYOTT-BOONE ELECTRONICS
> **$955K** approved 04/13/2020 · Paid in Full · Loan `4373107110`
## Borrower
- **Name:** PYOTT-BOONE ELECTRONICS
- **Address:** 1459 WITTENS MILL RD, NORTH TAZEWELL, VA, 24630-8373
- **NAICS:** 423990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $955K
- **Initial approval:** $955K
- **Forgiven:** $960K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $764K
- **Mortgage interest:** $100K
- **Utilities:** $91K
- **Jobs reported:** 107
## Lender
- **Originating:** Burke and Herbert Bank and Trust Company
- **Servicing:** Burke & Herbert Bank & Trust Company (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*