# PPP loan: KINETIC AGENCY & INSURANCE SERVICES INC.
> **$198K** approved 03/25/2021 · Paid in Full · Loan `8507778603`
## Borrower
- **Name:** KINETIC AGENCY & INSURANCE SERVICES INC.
- **Address:** 633 W 5th St Ste 1050, Los Angeles, CA, 90071-3522
- **NAICS:** 524113
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $198K
- **Jobs reported:** 27
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*