3rd Gen Plumbing, LLC
How we got $178K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- Headcount down 20% since 2024 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 36% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▲ 300% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 2 | $409K |
| 2024 | Form 5500 | 10 | $2.0M |
| 2025 | Form 5500 | 8 | $1.6M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| 3RD GEN PLUMBING, LLC this business | $591K | — |
| CLARE DILLON ELECTRIC SERVICE, INC. Tulsa · 4 employees | $1.1M | 0.2 mi |
| MOVAN SERVICES LLC Tulsa · 2 employees | $700K | 0.5 mi |
| Omstead Service Co Tulsa | $1.8M | 0.6 mi |
| HEADRICK PLUMBING CO., INC. Tulsa · 18 employees | $5.5M | 0.9 mi |
| Allied Plumbing, Heat and Air Tulsa | $1.8M | 0.9 mi |
| Contractors Unlimited Resources Tulsa | $1.8M | 0.9 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $517K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $519K |
| Estimate: the two combined (geometric mean) | $591K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $89K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $178K |
| Multiple for this size and industry | 2× |
| Value range | $94K – $243K |
| Revenue range | $389K – $674K |
| EBITDA range | $58K – $101K |
| Industry (NAICS) | Plumbing, Heating, and Air-Conditioning Contractors (238220) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Leadership
- KLKylie LemaySigned for the company · 2024 retirement-plan filing (Form 5500)
Advisors
- BankingTriad Bank, National AssociationPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| Triad Bank, National Association PPP 2020 | All 138 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $16K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About 3rd Gen Plumbing, LLC
3rd Gen Plumbing, LLC is a plumbing, heating & air company in Tulsa, Oklahoma. Its estimated annual revenue is about $591K, with roughly $89K of EBITDA. It has about 8 employees. Its estimated business value is $178K (likely range $94K–$243K).
Common questions
- Who owns 3rd Gen Plumbing, LLC?
- The owner of 3rd Gen Plumbing, LLC isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does 3rd Gen Plumbing, LLC make?
- SeeBITDA estimates 3rd Gen Plumbing, LLC's annual revenue at about $591K (likely between $389K and $674K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is 3rd Gen Plumbing, LLC worth?
- About $178K, roughly 2× its estimated EBITDA of $89K, typical for a plumbing, heating & air company its size. Likely range: $94K–$243K.
- How many employees does 3rd Gen Plumbing, LLC have?
- About 8, from its 2025 retirement-plan filing.