# PPP loan: KINGHORN INSURANCE AGENCY OF BEAUFORT, LLC
> **$362K** approved 04/05/2020 · Paid in Full · Loan `5147607005`
## Borrower
- **Name:** KINGHORN INSURANCE AGENCY OF BEAUFORT, LLC
- **Address:** 910 CARTERET STREET, BEAUFORT, SC, 29902-4604
- **NAICS:** 524210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $362K
- **Initial approval:** $362K
- **Forgiven:** $365K (101%)
- **Forgiveness date:** 02/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $271K
- **Rent:** $90K
- **Jobs reported:** 23
## Lender
- **Originating:** Palmetto State Bank
- **Servicing:** Palmetto State Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*