IQa Engineering
2130 107th Ln NE, Blaine, MN 55449
Blaine, Minnesota, United States
Address
City: Blaine
Neighborhood: Johnsville
State: Minnesota
Postal Code: 55449
Country: United States
Business facts
Estimated annual revenue~$4.2M
Estimated employees~14
Annual payroll (2020)~$1.3M
In business since2011
Based on reported payroll data
Contacts
Electrical/Electronic Manufacturing
Information Technology and Services
Area statistics (55449)
Population32,569
Median household income$121,346
Source: US Census ACS
About
IQa Engineering is a full-service engineering firm specializing in designing, manufacturing, implementing, and supporting industrial automation systems. With three divisions serving local and national companies in industries such as food processing, distribution, and manufacturing, our mission is to provide the highest quality engineering and integration services for factory automation and industrial control systems.
🅿️
Parking
Yes
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning above its category median in a growing category (Engineer).
EstimateCategory trend: 2024, +7.0%
Revenue trend (modeled)
~$3.3M2019
~$3.4M2020
~$3.5M2021
~$3.8M2022
~$3.9M2023
~$4.2M2024
Modeled from official industry statistics+5.0%/yr since 201980% confidence band: ±42%
Company profile
Legal formLimited liability company (LLC)
Incorporated2011 (MN)
Employees (reported band)12-17
Observed
Property
Lot size1.32 acres
CountyAnoka
Parcel ownerIqa Properties Llc
Last sale$1.4M (1569801600000)
ObservedPublic assessor / cadastre record
Federal support (SBA)
PPP loan (2020)$264.0K · 13 jobs reported · implies ~$1.3M annual payroll · $266.1K forgiven
ObservedSource: US SBA public records
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Engineer in Minnesota | 297 | ~$1.6B | ~$5.4M | ~$1.8M | 5.0★ | 2.4× |
Category revenue trend2024: +7.0%2023: +7.5%2022: +9.0%2021: +5.2%Modeled from business-level estimates
Chain pressure23 chains expanding in this category, led by Bolton & Menk Inc, Widseth, SEH (+45 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) | 129 | ~$325.2M | ~$2.5M | ~$949.3K | 1,050 | ~$111.5M | 4.5× |
| Professional, scientific and technical activities | 5 | ~$14.3M | ~$2.9M | — | 43 | — | — |
1 km area (all businesses): median from the 100 of 129 businesses with estimates
Estimate
Area conditions (55449)
Population32,569 ±1,374
Median household income$121,346 ±$8,932
Median home value$399,800
Bachelor's degree or higher0.5%
Unemployment rate0.0%
Source: US Census ACS