Pyott-Boone Electronics

$955,000 PPP Loan in North Tazewell, Virginia

Loan Details

Loan Number
4373107110
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$955,000
Current Approval
$955,000
Forgiveness Amount
$960,253
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Pyott-Boone Electronics
Address
1459 Wittens Mill Rd
ZIP Code
24630-8373
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423990)
Business Age
Existing or more than 2 years old
Jobs Reported
107
Estimated Revenue
$32.8M
Rural/Urban
Rural
Congressional District
VA-09

Loan Use Breakdown

Payroll
$764,000
Utilities
$91,000
Mortgage Interest
$100,000

Lender Information

Servicing Lender
Burke & Herbert Bank & Trust Company
Originating Lender
Burke and Herbert Bank and Trust Company

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