Action Spring Co Inc
How we got $3.2M
Based on its 24 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
- In business 23 years (since 2003)
From public records and the company's website, not a statement that it's for sale.
What they do
Action Spring Co. Inc. is a manufacturer of custom springs, wire forms and metal stampings to customer specifications in any quantity. It serves a range of industries from its Tulsa, OK location.
From the company's website. Industry: Rope, Cordage, Twine, Tire Cord, and Tire Fabric Mills.
Estimated value over time
▼ 13% 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
▼ 21% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 24 | $7.4M |
| 2020 | Form 5500 | 23 | $7.1M |
| 2021 | Form 5500 | 20 | $6.1M |
| 2022 | Form 5500 | 20 | $6.1M |
| 2023 | Form 5500 | 19 | $5.8M |
| 2024 | Form 5500 | 20 | $6.1M |
| 2025 | Form 5500 | 19 | $5.8M |
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 |
|---|---|---|
| ACTION SPRING CO INC this business | $12.2M | — |
| A AND B ENGRAVING, INC Tulsa · 11 employees | $2.9M | 2.7 mi |
| AWNINGS OF TULSA, INC Tulsa · 10 employees | $2.1M | 2.8 mi |
| OKLAHOMA CUSTOM CANVAS PRODUCTS, INC. Tulsa · 11 employees | $2.5M | 5.4 mi |
| CITY AWNING CO LLC Tulsa, · 4 employees | $628K | 9.7 mi |
| INSUL VEST INC Tulsa · 4 employees | $874K | 9.7 mi |
| BINXY BABY LLC Tulsa · 4 employees | $1.0M | 11.9 mi |
The full calculation
| Employees reported to the SBA | 24 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $13.3M |
| Estimate: the two combined (geometric mean) | $12.2M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $849K |
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 | $3.2M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.7M – $4.4M |
| Revenue range | $8.0M – $13.9M |
| EBITDA range | $558K – $968K |
| Industry (NAICS) | Rope, Cordage, Twine, Tire Cord, and Tire Fabric Mills (314994) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & 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 2020 | 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 |
|---|---|---|---|
| 4/6/2020 | first | $339K | 24 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Action Spring Co Inc
Action Spring Co Inc is a rope, cordage, twine, tire cord, and tire fabric mills company in Tulsa, Oklahoma, in business since 2003. Its estimated annual revenue is about $12.2M, with roughly $849K of EBITDA. It has about 19 employees. Its estimated business value is $3.2M (likely range $1.7M–$4.4M).
Common questions
- Who owns Action Spring Co Inc?
- The owner of Action Spring Co Inc 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 Action Spring Co Inc make?
- SeeBITDA estimates Action Spring Co Inc's annual revenue at about $12.2M (likely between $8.0M and $13.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Action Spring Co Inc worth?
- About $3.2M, roughly 3.8× its estimated EBITDA of $849K, typical for a rope, cordage, twine, tire cord, and tire fabric mills company its size. Likely range: $1.7M–$4.4M.
- How many employees does Action Spring Co Inc have?
- About 19, from its 2025 retirement-plan filing.
- When was Action Spring Co Inc founded?
- Action Spring Co Inc has been in business since 2003.