Address
City: Mapleton
Neighborhood: Moark Junction
State: Utah
Postal Code: 84664
Country: United States
Business facts
Estimated annual revenue~$798.6K
Estimated employees~2
Annual payroll (2021)~$218.1K
In business since1999
Based on reported payroll data
Contacts
Area statistics (84664)
Population11,756
Median household income$123,534
Source: US Census ACS
About
Softek Engineering is located in Mapleton, Utah, and was founded in 1999. This business is working in the following industry: Engineer. Annual sales for Softek Engineering are around 450K.
🅿️
Parking
Yes
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning below its category median in a growing category (Engineer).
EstimateCategory trend: 2024, +7.0%
Revenue trend (modeled)
~$498.8K2019
~$534.7K2020
~$564.0K2021
~$626.8K2022
~$689.2K2023
~$798.6K2024
Modeled from official industry statistics+9.9%/yr since 201980% confidence band: ±42%
Property
Lot size0.72 acres
CountyUtah
ObservedPublic assessor / cadastre record
Federal support (SBA)
PPP loan (2020)$48.7K · 2 jobs reported · implies ~$233.7K annual payroll · $49.0K forgiven
Second PPP loan (2021)$45.4K · 2 jobs reported · $45.6K 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 | |
|---|---|---|---|---|---|---|
| Engineer in Utah | 261 | ~$844.7M | ~$3.3M | ~$1.1M | 5.0★ | 0.7× |
Category revenue trend2024: +7.0%2023: +7.5%2022: +9.0%2021: +5.2%Modeled from business-level estimates
Chain pressure19 chains expanding in this category, led by Sunrise Engineering, Jones & DeMille Engineering, Northrop Grumman (+35 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) | 10 | ~$11.2M | ~$1.1M | ~$326.2K | 34 | ~$2.9M | 2.4× |
| Professional, scientific and technical activities | 2 | ~$1.5M | ~$756.8K | — | 4 | — | — |
1 km area (all businesses): median from the 9 of 10 businesses with estimates
Estimate
Area conditions (84664)
Population11,756 ±50
Median household income$123,534 ±$11,808
Median home value$656,200
Bachelor's degree or higher0.5%
Unemployment rate0.0%
Source: US Census ACS