ADVANCED PRODUCTS COMPANY (NM) - 2020 PPP Loan Borrower Profile (# 3656747305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED PRODUCTS COMPANY. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in New Mexico.

Loan Detail

Loan Number

3656747305

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$55,057

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$55,613.69

Date Loan was Forgiven

May 3, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

55,057

Lender

Pinnacle Bank, A Division of

Business Detail

Business Type

Subchapter S Corporation

NAICS

561621

Borrower Location

GALLUP, NM

Project Location

GALLUP, NM

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.