# PPP loan: INTERCOASTAL CAPITAL MARKETS INC.
> **$341K** approved 04/07/2020 · Paid in Full · Loan `6747887006`
## Borrower
- **Name:** INTERCOASTAL CAPITAL MARKETS INC.
- **Address:** 200 e. palmetto park rd ste 108, BOCA RATON, FL, 33432-5622
- **NAICS:** 523120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $341K
- **Initial approval:** $898K
- **Forgiven:** $344K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $256K
- **Utilities:** $85K
- **Jobs reported:** 24
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*