Address
City: Houston
Neighborhood: Energy Corridor
State: Texas
Postal Code: 77084
Country: United States
Business facts
Estimated annual revenue~$16.7M
Estimated employees~10
Annual payroll (2021)~$3.0M
In business since2016 (est.)
Based on reported payroll data
Area statistics (77084)
Population108,557
Median household income$75,510
Source: US Census ACS
About
Quantum Technological Development Corporation is a technology company focused on serving the oil and gas industry. Specializing in creating custom solutions, the company aims to automate the transmission of data from the field to the home office in an efficient multi-platform format utilizing mobile technology. Their mission is to automate work flow processes through the use of customized software solutions and the delivery of information via mobile technology.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning above its category median in a growing category (Support activities for petroleum and natural gas extraction).
EstimateCategory trend: 2024, +2.5%
Revenue trend (modeled)
~$15.1M2019
~$11.9M2020
~$10.3M2021
~$13.5M2022
~$15.2M2023
~$16.7M2024
Modeled from official industry statistics+2.0%/yr since 201980% confidence band: ±42%
Property
Lot size1.59 acres
CountyHarris
Parcel ownerARAMCO SERVICES COMPANY
ObservedPublic assessor / cadastre record
Federal support (SBA)
PPP loan (2020)$717.0K · 38 jobs reported · implies ~$3.4M annual payroll · $723.2K forgiven
Second PPP loan (2021)$632.4K · 33 jobs reported · $643.6K 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 | |
|---|---|---|---|---|---|---|
| Support activities for petroleum and natural gas extraction in Texas | 3,479 | ~$49.5B | ~$14.9M | ~$6.8M | 4.5★ | 2.5× |
Category revenue trend2024: +2.5%2023: +12.4%2022: +24.9%2021: -4.3%Modeled from business-level estimates
Chain pressure41 chains expanding in this category, led by Kodiak Gas Sevices, Genesis Energy, NuStar Energy (+972 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) | 60 | ~$936.6M | ~$15.6M | ~$1.5M | 538 | ~$66.5M | 12× |
| Mining and quarrying | 4 | ~$62.1M | ~$15.5M | — | 34 | — | — |
1 km area (all businesses): median from the 55 of 60 businesses with estimates
Estimate
Area conditions (77084)
Population108,557 ±4,927
Median household income$75,510 ±$5,044
Median home value$215,600
Bachelor's degree or higher0.3%
Unemployment rate0.1%
Source: US Census ACS
Historical Information
Old business websites and emails that no longer exist, informational purposes only.
admin@quantumtechdev.com