Address
City: Anaheim
Neighborhood: Northeast Anaheim
State: California
Postal Code: 92806
Country: United States
Business facts
Estimated annual revenue~$3.4M
Estimated employees~5
Annual payroll (2021)~$337.7K
In business since2015
Based on reported payroll data
Contacts
Chief Executive Officer
Area statistics (92806)
Population40,945
Median household income$90,512
Source: US Census ACS
About
Element Machine is a small, minority, women-owned business specializing in precision CNC manufacturing. The company offers 4 and 5-axis milling and turning capabilities for quick turn-around prototypes and medium to large production for the aerospace industry. Element Machine is AS9100 & ISO 9001:2008 registered and specializes in precision machining of metals, plastics, and composites for aerospace, defense, commercial, automotive, and medical industries.
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Price
$
♿
Wheelchair Accessible
Yes
Market analysis
Earning below its category median in a growing category (Machining Manufacturer).
EstimateCategory trend: 2024, +5.1%
Revenue trend (modeled)
~$2.0M2019
~$1.9M2020
~$1.9M2021
~$2.2M2022
~$3.2M2023
~$3.4M2024
Modeled from official industry statistics+11.1%/yr since 201980% confidence band: ±42%
Company profile
Incorporated2015 (CA)
Employees (reported band)17
Observed
Property
Lot size5.65 acres
CountyOrange
ObservedPublic assessor / cadastre record
Federal support (SBA)
EIDL advance grant (2020)$5.0K · 5 jobs reported
PPP loan (2020)$70.3K · 5 jobs reported · implies ~$337.4K annual payroll · $71.0K forgiven
Second PPP loan (2021)$70.3K · 6 jobs reported · $70.9K 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 | |
|---|---|---|---|---|---|---|
| Machining Manufacturer in California | 692 | ~$8.8B | ~$12.9M | ~$6.1M | 5.0★ | 0.6× |
Category revenue trend2024: +5.1%2023: +9.3%2022: +13.5%2021: +5.5%Modeled from business-level estimates
Chain pressure168 chains expanding in this category, led by Intoxalock Ignition Interlock, Smart Start, Low Cost Interlock (+3,964 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) | 609 | ~$3.3B | ~$5.3M | ~$1.4M | 5,266 | ~$558.4M | 2.4× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 219 | ~$2.1B | ~$9.5M | — | 1,533 | — | — |
1 km area (all businesses): median from the 496 of 609 businesses with estimates
Estimate
Area conditions (92806)
Population40,945 ±2,710
Median household income$90,512 ±$4,718
Median home value$749,500
Bachelor's degree or higher0.3%
Unemployment rate0.0%
Source: US Census ACS