# PPP loan: R. L. KING INSURANCE AGENCY, INC.
> **$321K** approved 04/05/2020 · Paid in Full · Loan `5564987004`
## Borrower
- **Name:** R. L. KING INSURANCE AGENCY, INC.
- **Address:** 7723 AIRPORT HWY, HOLLAND, OH, 43528-7601
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $321K
- **Initial approval:** $272K
- **Forgiven:** $324K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $321K
- **Jobs reported:** 22
## Lender
- **Originating:** The State Bank and Trust Company
- **Servicing:** The State Bank and Trust Company (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*