# PPP loan: SOUTH FLORIDA COASTAL ELECTRIC, INC
> **$165K** approved 05/01/2020 · Paid in Full · Loan `1447617709`
## Borrower
- **Name:** SOUTH FLORIDA COASTAL ELECTRIC, INC
- **Address:** 7877 SW 195TH ST, CUTLER BAY, FL, 33157
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $152K
- **Rent:** $4K
- **Utilities:** $150
- **Health care:** $9K
- **Jobs reported:** 300
## 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*