Business facts
Estimated annual revenue~$3.6M
Estimated employees~6
Annual payroll (2020)~$700.4K
In business since1995
Based on reported payroll data
Contacts
Owner
Area statistics (06405)
Population28,041
Median household income$94,558
Source: US Census ACS
About
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Market analysis
Earning above its category median in a stable category (Telecommunications).
EstimateCategory trend: 2024, -0.6%
Revenue trend (modeled)
~$3.0M2019
~$3.7M2020
~$3.6M2021
~$3.6M2022
~$3.7M2023
~$3.6M2024
Modeled from category averages for the region+4.3%/yr since 201980% confidence band: ±59%
Company profile
Employees (reported band)17
Observed
Property
Lot size3.38 acres
ZoningIG-2
CountySouth_central_connecticut_planning_region
Parcel ownerPLATO ASSOCIATES LLC
Assessed value$2.9M
On this lotshared with 4 other businesses
ObservedPublic assessor / cadastre record
Federal support (SBA)
EIDL advance grant (2020)$8.0K · 8 jobs reported
EIDL disaster loan (2020)$150.0K
PPP loan (2020)$145.9K · 8 jobs reported · implies ~$700.4K annual payroll · $147.3K forgiven
SBA 7(a)/504 loan (2022)$250.0K
ObservedSource: US SBA public records
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Telecommunications in Connecticut | 681 | ~$1.2B | ~$2.5M | ~$765.3K | 4.3★ | 4.8× |
Telecommunications in Connecticut: revenue figures from the 475 of 681 businesses with estimates
Category revenue trend2024: -0.6%2023: +1.5%2022: +0.9%2021: +0.6%Modeled from business-level estimates
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) | 110 | ~$523.2M | ~$4.8M | ~$1.1M | 1,023 | ~$131.4M | 3.2× |
| Information and communication | 3 | ~$3.6M | ~$1.2M | — | 16 | — | — |
1 km area (all businesses): median from the 80 of 110 businesses with estimates
Estimate
Area conditions (06405)
Population28,041 ±206
Median household income$94,558 ±$5,141
Median home value$363,700
Bachelor's degree or higher0.5%
Unemployment rate0.0%
Source: US Census ACS