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Line a loaf pan with parchment paper and spray with cooking spray.
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Bring all ingredients to room temperature.
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Mix all dry ingredients in the bowl of a mixer fitted with a paddle attachment.
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Combine the eggs, milk, lime zest and juice, and coconut extract in a separate bowl.
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Mix and set aside. Add butter and half of the egg mixture to the dry flour mixture.
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Beat until combined (about 30 seconds). Scrape down the sides of the bowl and add the rest of the egg mix. Gently mix the entire batter with a wooden spoon.
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Bake for 55 to 60 minutes at 350 degrees.