A King Air 350, and Addison Airport. Very doubtful it was a skydiving thing. That’s not a common jumper plane, and that’s a very busy general aviation Airport. The kind of place where all kinds of corporate stuff is in and out. Very very busy place, not good for jumpers.
This is supposed to be a very reliable plane and the Cadillac of that size charter ac. Reports are that right after take off it banked sharply to the right and crashed nose first into the hanger.