# PPP loan: PYOTT-BOONE ELECTRONICS INC.
> **$1.02M** approved 01/27/2021 · Paid in Full · Loan `7045068308`
## Borrower
- **Name:** PYOTT-BOONE ELECTRONICS INC.
- **Address:** 10115 Kincey Ave Ste 160, Huntersville, NC, 28078-6482
- **NAICS:** 334290
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.02M
- **Forgiven:** $1.02M (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.02M
- **Utilities:** $1
- **Jobs reported:** 97
## 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*