Adco Industries Inc
How we got $14.1M
Based on 30 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 21% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ADCO INDUSTRIES INC this business | $39.7M | — |
| AYS LLC Tulsa · 21 employees | $18.2M | 2.7 mi |
| STOUT LAWN EQUIPMENT LLC Glenpool · 3 employees | $2.8M | 3.7 mi |
| BLAKE MONTGOMERY Tulsa · 1 employees | $1.7M | 3.9 mi |
| CUTTING EDGE SALES LLC Tulsa · 1 employees | $1.7M | 4.1 mi |
| FRANK BRAUN COMPANY LLC Tulsa · 1 employees | $1.7M | 4.1 mi |
| ASC, INC. Tulsa · 81 employees | $71.8M | 4.9 mi |
The full calculation
| Employees reported to the SBA | 30 |
| Industry revenue per employee | $1.2M |
| Revenue = employees × revenue per employee | $39.7M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $2.7M |
| Cross-check: revenue implied by PPP payroll | $8.5M |
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 | $14.1M |
| Multiple for this size and industry | 5.2× |
| Value range | $6.7M – $20.1M |
| Revenue range | $23.5M – $46.9M |
| EBITDA range | $1.6M – $3.2M |
| Industry (NAICS) | Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers (423860) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingJPMorgan Chase 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 Roles are as stated there and may be out of date.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
| JPMorgan Chase Bank, National Association PPP 2020 | All 993 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $87K | 30 |
About Adco Industries Inc
Adco Industries Inc is a transportation equipment and supplies (except motor vehicle) merchant wholesalers company in Jenks, Oklahoma. Its estimated annual revenue is about $39.7M, with roughly $2.7M of EBITDA. It has about 30 employees. Its estimated business value is $14.1M (likely range $6.7M–$20.1M).
Common questions
- Who owns Adco Industries Inc?
- The owner of Adco Industries 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 Adco Industries Inc make?
- SeeBITDA estimates Adco Industries Inc's annual revenue at about $39.7M (likely between $23.5M and $46.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Adco Industries Inc worth?
- About $14.1M, roughly 5.2× its estimated EBITDA of $2.7M, typical for a transportation equipment and supplies (except motor vehicle) merchant wholesalers company its size. Likely range: $6.7M–$20.1M.
- How many employees does Adco Industries Inc have?
- About 30, as reported on its PPP loan.