ADVANCED TESTING SERVICES, INC. (NM) - 2020 PPP Loan Borrower Profile (# 5701657105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED TESTING SERVICES, INC.. 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

5701657105

SBA Office Code

0682

Processing Method

PPP

Curent Loan Amount

$249,682

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$252,615.76

Date Loan was Forgiven

Jun 22, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

31,210.75

Payroll Proced

187,261

Rent Proceed

31,210.25

Lender

First Source Federal Credit Union

Business Detail

Business Type

Corporation

NAICS

541330

Borrower Location

ALBUQUERQUE, NM

Project Location

ALBUQUERQUE, NM

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.