SeeBITDAOklahoma

Advantage Terrafab LLC

All Other Miscellaneous Fabricated Metal Product Manufacturing
  • 400 South 45th Street East, Muskogee, OK
  • Since 2011
Estimated valueMedium confidence
$8.8M
$4.6Mlikely range$12.0M
About 4.7× its yearly profit, typical for a company this size in its industry.
Revenue
$17.5M
a year
Profit (EBITDA)
$1.9M
11% of revenue
Employees
43
reported in 2020
Dan Morris
President/CEO · source
Some signs of a sale

How we got $8.8M

Based on its 43 employees and its payroll, both reported for PPP in 2020 and brought up to date.

43 employees × $382K each$16.4M
PPP payroll ÷ payroll's usual share of revenue$14.4M
Shown toward the top of its range×1.14
Revenue$17.5M
× 11% profit margin$1.9M
× 4.7 sale multiple = value$8.8M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2024
No reported financials
Company website
Owner named
Trucking registration (FMCSA)

Signs of a sale Some signs of a sale

  • In business 15 years (since 2011)
  • Headcount down 27% since 2022 (retirement plan filings)

From public records and the company's website, not a statement that it's for sale.

Estimated value over time

▲ 26% since 2020
$0$8.1M$16.3M202020212022202320242026

Today'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

▲ 30% since 2020
050100202020212022202320244356
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan43$12.7M$1.4M
2020Form 550046$13.6M$1.5M
2021Form 550040$11.8M$1.3M
2022Form 550077$22.8M$2.4M
2023Form 550040$11.8M$1.3M
2024Form 550056$16.6M$1.8M

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

BusinessEst. revenueEst. profitDistance
ADVANTAGE TERRAFAB LLC
this business
$17.5M$1.9M—
OMNI VALVE CO LLC
Muskogee · 53 employees
$29.3M$3.1M0.4 mi
DC METAL FAB LLC
Warner · 1 employees
$653K$121K16.5 mi
AABK, LLC
Broken Arrow
$2.1M$304K29.4 mi
CADET MANUFACTURING, INC.
Chouteau · 45 employees
$15.3M$1.6M31.0 mi
TULSA METAL FAB, INC.
Broken Arrow · 7 employees
$4.9M$701K31.1 mi
BELDEN WELDING LLC
Broken Arrow · 1 employees
$653K$121K33.1 mi

The full calculation

Employees reported to the SBA43
Revenue from headcount (employees × revenue per employee for companies this size)$16.4M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$14.4M
Estimate: the two combined (geometric mean)$17.5M
EBITDA margin (industry, adjusted for size)11%
EBITDA = revenue × margin$1.9M

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$8.8M
Multiple for this size and industry4.7×
Value range$4.6M – $12.0M
Revenue range$11.5M – $20.0M
EBITDA range$1.2M – $2.1M
Industry (NAICS)All Other Miscellaneous Fabricated Metal Product Manufacturing (332999)

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

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 2020
All 2,399 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/7/2020first$391K$394K43BOKF, National Association

Public records

DOT motor carrier
USDOT 2581771
Trucks (power units)4
Drivers3
Miles (2024)50,000
Registered with DOT2015

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Advantage Terrafab LLC

Advantage Terrafab LLC is an all other miscellaneous fabricated metal product manufacturing company in Muskogee, Oklahoma, in business since 2011. It is owned by Dan Morris (President/CEO). Its estimated annual revenue is about $17.5M, with roughly $1.9M of EBITDA. It has about 56 employees. Its estimated business value is $8.8M (likely range $4.6M–$12.0M).

Common questions

Who owns Advantage Terrafab LLC?
Advantage Terrafab LLC is owned by Dan Morris (President/CEO), according to public sources such as the company's website or filings.
How much revenue does Advantage Terrafab LLC make?
SeeBITDA estimates Advantage Terrafab LLC's annual revenue at about $17.5M (likely between $11.5M and $20.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Advantage Terrafab LLC worth?
About $8.8M, roughly 4.7× its estimated EBITDA of $1.9M, typical for a all other miscellaneous fabricated metal product manufacturing company its size. Likely range: $4.6M–$12.0M.
How many employees does Advantage Terrafab LLC have?
About 56, from its 2024 retirement-plan filing.
When was Advantage Terrafab LLC founded?
Advantage Terrafab LLC has been in business since 2011.