Element Machine

5.0★★★★★(1 review)

3121 East La Palma Avenue

Anaheim, California, United States

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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
Categories: Machining Manufacturer.
ISIC Codes: 4659.

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

BusinessesTotal revenueMeanMedianMedian ratingvs median
Machining Manufacturer in California692~$8.8B~$12.9M~$6.1M5.0★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)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)609~$3.3B~$5.3M~$1.4M5,266~$558.4M2.4×
Wholesale and retail trade; repair of motor vehicles and motorcycles219~$2.1B~$9.5M1,533

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
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