# PPP loan: INTERCOASTAL ELECTRIC INC
> **$150K** approved 03/23/2021 · Paid in Full · Loan `6585368605`
## Borrower
- **Name:** INTERCOASTAL ELECTRIC INC
- **Address:** 8211 Bowie Way, Lake Worth, FL, 33467-1181
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Jobs reported:** 12
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*