# PPP loan: KINGSMEN SOFTWARE LLC
> **$700K** approved 04/13/2020 · Paid in Full · Loan `5203757108`
## Borrower
- **Name:** KINGSMEN SOFTWARE LLC
- **Address:** 500 W 5th Street, Suite 220, Charlotte, NC, 28202
- **NAICS:** 541511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $700K
- **Initial approval:** $700K
- **Forgiven:** $647K (92%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $660K
- **Mortgage interest:** $35K
- **Utilities:** $5K
- **Jobs reported:** 33
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*