Loop Software, LLC
331 E Foster Ave, State College, PA 16801
State College, Pennsylvania, United States
Address
City: State College
Neighborhood: Struble
State: Pennsylvania
Postal Code: 16801
Country: United States
Business facts
Estimated annual revenue~$858.0K
Estimated employees~3
In business since2016
Estimate based on strong signals
Contacts
Area statistics (16801)
Population43,307
Median household income$59,296
Source: US Census ACS
About
Loop Software, LLC is located in State College, Pennsylvania, and was founded in 2016. At this location, Loop Software, LLC employs approximately 3 people. This business is working in the following industry: Software Company. Annual sales for Loop Software, LLC are around $76.9K.
♿
Wheelchair Accessible
Parking
Market analysis
Earning below its category median in a growing category (Software Company).
EstimateCategory trend: 2021, +8.7%
Revenue trend (modeled)
~$535.5K2019
~$639.9K2020
~$696.4K2021
~$771.6K2022
~$815.3K2023
~$858.0K2024
Modeled from category averages for the region+9.9%/yr since 201980% confidence band: ±68%
Company profile
Employees (reported band)16-17
Observed
Property
Lot size8,520 sq ft
CountyCentre
On this lotshared with 9,471 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Software Company in Pennsylvania | 2,959 | ~$18.0B | ~$6.1M | ~$1.3M | 5.0★ | 0.7× |
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure50 chains expanding in this category, led by Boost Mobile, T-Mobile, Walmart Electronics (+1,767 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) | 523 | ~$663.4M | ~$1.3M | ~$517.8K | 2,678 | ~$197.5M | 1.7× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | ~$176.1M | ~$3.7M | — | 219 | — | — |
1 km area (all businesses): median from the 460 of 523 businesses with estimates
Estimate
Area conditions (16801)
Population43,307 ±1,126
Median household income$59,296 ±$6,086
Median home value$368,700
Bachelor's degree or higher0.7%
Unemployment rate0.0%
Source: US Census ACS