Advanced Spray Equipment LLC
How we got $254K
Based on its 2 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
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 |
|---|---|---|
| ADVANCED SPRAY EQUIPMENT LLC this business | $630K | — |
| PETROLEUM INSTRUMENTS CO INC Oklahoma City · 9 employees | $3.2M | 0.2 mi |
| PETROLEUM EQUIPMENT COMPANY, INC Oklahoma City · 23 employees | $9.1M | 0.2 mi |
| Aae Automation Oklahoma City | $1.8M | 0.3 mi |
| Bachman Services Inc Oklahoma City | $1.8M | 0.6 mi |
| HYDRAULIC OUTLET LLC Oklahoma City · 5 employees | $1.3M | 0.7 mi |
| B & R PUMP & EQUIPMENT, INC. Oklahoma City · 14 employees | $4.9M | 0.8 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $629K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $485K |
| Estimate: the two combined (geometric mean) | $630K |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $102K |
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 | $254K |
| Multiple for this size and industry | 2.5× |
| Value range | $134K – $348K |
| Revenue range | $414K – $718K |
| EBITDA range | $67K – $116K |
| 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
History & advisors
Advisors
- BankingArvest BankPPP / 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2021 | first | $12K | 2 |
About Advanced Spray Equipment LLC
Advanced Spray Equipment LLC is a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $630K, with roughly $102K of EBITDA. It has about 2 employees. Its estimated business value is $254K (likely range $134K–$348K).
Common questions
- Who owns Advanced Spray Equipment LLC?
- The owner of Advanced Spray 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 Advanced Spray Equipment LLC make?
- SeeBITDA estimates Advanced Spray Equipment LLC's annual revenue at about $630K (likely between $414K and $718K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Advanced Spray Equipment LLC worth?
- About $254K, roughly 2.5× its estimated EBITDA of $102K, typical for a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company its size. Likely range: $134K–$348K.
- How many employees does Advanced Spray Equipment LLC have?
- About 2, as reported on its PPP loan.