Performance Testing Services
5241 Edgeway Dr B, Allendale, MI 49401
Allendale, Michigan, United States
Address
City: Allendale
Neighborhood: Allendale
State: Michigan
Postal Code: 49401
Country: United States
Business facts
Estimated annual revenue~$756.7K
Estimated employees~5
Annual payroll (2021)~$229.9K
In business since2006
Based on reported payroll data
Contacts
President
Area statistics (49401)
Population28,358
Median household income$69,468
Source: US Census ACS
About
Performance Testing Services is located in Allendale, Michigan, and was founded in 2006. At this location, Performance Testing Services employs approximately 3 people. This business is working in the following industry: Laboratory. Annual sales for Performance Testing Services are around < $500.0K.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning below its category median in a growing category (Laboratory).
EstimateCategory trend: 2024, +7.0%
Revenue trend (modeled)
~$557.3K2019
~$559.4K2020
~$578.3K2021
~$676.1K2022
~$665.8K2023
~$756.7K2024
Modeled from official industry statistics+6.3%/yr since 201980% confidence band: ±42%
Company profile
Incorporated2006 (MI)
Employees (reported band)8-17
Observed
Property
Lot size3.89 acres
Land use301
CountyOttawa
Parcel ownerGS PROPERTIES LLC
Assessed value$1.5M
ObservedPublic assessor / cadastre record
Federal support (SBA)
PPP loan (2020)$47.9K · 3 jobs reported · implies ~$229.9K annual payroll · $48.3K forgiven
Second PPP loan (2021)$47.9K · 3 jobs reported · $48.2K forgiven
Receiving a second draw required certifying a ≥25% revenue drop in a 2020 quarter.
ObservedSource: US SBA public records
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Laboratory in Michigan | 680 | ~$1.8B | ~$2.6M | ~$1.1M | 4.5★ | 0.7× |
Category revenue trend2024: +7.0%2023: +7.5%2022: +9.0%2021: +5.2%Modeled from business-level estimates
Chain pressure16 chains expanding in this category, led by Henry Ford Alliance Health, Beaumont Cytogenetics Lab, Trinity Health Lab - Hart (+9,019 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 84 | ~$245.9M | ~$2.9M | ~$877.2K | 719 | ~$64.7M | 0.9× |
| Professional, scientific and technical activities | 12 | ~$44.3M | ~$3.7M | — | 98 | — | — |
1 km area (all businesses): median from the 78 of 84 businesses with estimates
Estimate
Area conditions (49401)
Population28,358 ±392
Median household income$69,468 ±$5,718
Median home value$278,200
Bachelor's degree or higher0.4%
Unemployment rate0.1%
Source: US Census ACS