405 Equipment LLC
How we got $458K
Based on its 4 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
What they do
405 Equipment LLC sells new and used construction and farm equipment and rents equipment, with a family-run business in Lexington, Oklahoma. It says it has served customers since 2015.
From the company's website. Industry: Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance.
Customers & suppliers
Suppliers & brands
- Zetor · brand it sells or installs
- TYM · brand it sells or installs
- Spartan Mowers · brand it sells or installs
- Ferris Mowers · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- FIRE LEAF ENTERPRISES LLC · Oklahoma City, 30 mi · $30.1M
- EXPRESS RANCHES INC · Yukon, 41 mi · $18.0M
- ROBINSON BROS PORK, LLC · Holdenville, 56 mi · $12.6M
- CASTLE ROCK HEF, LLC · Oklahoma City, 38 mi · $10.7M
- T-MAC FARMS FAMILY LIMITED PARTNERSHIP · Wayne, 12 mi · $9.9M
- TOTAL ENVIRONMENT INC. · Edmond, 43 mi · $20.5M
- SIGNATURE LANDSCAPING LLC · Oklahoma City, 36 mi · $15.1M
- PITZER'S LAWN MANAGEMENT INC · Edmond, 49 mi · $14.1M
- PITZERS LAWN MANAGEMENT INC · Edmond, 49 mi · $14.1M
- RICH LAWNS, INC. · Edmond, 44 mi · $10.9M
Estimated value over time
▲ 13% since 2021Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| 405 EQUIPMENT LLC this business | $1.3M | — |
| JW'S WELDING LLC Norman · 1 employees | $322K | 12.9 mi |
| L & C VENTURES Norman · 1 employees | $210K | 13.0 mi |
| AMERICAN MACHINE PERFORMANCE LLC Norman · 1 employees | $564K | 14.9 mi |
| AUSTIN BEAUCHAMP BEAUCHAMP Norman · 1 employees | $564K | 14.9 mi |
| Perennial Formulations Norman | $1.7M | 15.5 mi |
| WORTH HYDROCHEM OF OKLAHOMA INC Norman · 10 employees | $4.8M | 15.6 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.1M |
| Estimate: the two combined (geometric mean) | $1.3M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $183K |
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 | $458K |
| Multiple for this size and industry | 2.5× |
| Value range | $241K – $626K |
| Revenue range | $873K – $1.5M |
| EBITDA range | $120K – $209K |
| Industry (NAICS) | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (811310) |
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
Advisors
- BankingBOKF, 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
| BOKF, National Association PPP 2021 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/24/2021 | second | $26K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About 405 Equipment LLC
405 Equipment LLC is a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company in Lexington, Oklahoma, in business since 2018. Its estimated annual revenue is about $1.3M, with roughly $183K of EBITDA. It has about 4 employees. Its estimated business value is $458K (likely range $241K–$626K).
Common questions
- Who owns 405 Equipment LLC?
- The owner of 405 Equipment 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 405 Equipment LLC make?
- SeeBITDA estimates 405 Equipment LLC's annual revenue at about $1.3M (likely between $873K and $1.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is 405 Equipment LLC worth?
- About $458K, roughly 2.5× its estimated EBITDA of $183K, typical for a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company its size. Likely range: $241K–$626K.
- How many employees does 405 Equipment LLC have?
- About 4, as reported on its PPP loan.
- When was 405 Equipment LLC founded?
- 405 Equipment LLC has been in business since 2018.