Advent Aircraft Systems, Inc
How we got $1.4M
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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
▲ 133% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 3 | $984K |
| 2020 | Form 5500 | 4 | $1.3M |
| 2021 | Form 5500 | 4 | $1.3M |
| 2022 | Form 5500 | 6 | $2.0M |
| 2023 | Form 5500 | 6 | $2.0M |
| 2024 | Form 5500 | 7 | $2.3M |
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 |
|---|---|---|
| ADVENT AIRCRAFT SYSTEMS, INC this business | $2.7M | — |
| SOUTHWEST AVIATION SPECIALTIES, LLC Tulsa · 21 employees | $7.2M | 0.8 mi |
| ETI, INC Tulsa · 18 employees | $10.1M | 6.6 mi |
| NEOSOURCE INC. Tulsa · 32 employees | $12.4M | 6.7 mi |
| ICES CORPORATION Broken Arrow · 5 employees | $2.3M | 9.7 mi |
| WERCO MANUFACTURING, INC. Broken Arrow · 23 employees | $8.1M | 10.7 mi |
| PRYER AEROSPACE, LLC Tulsa · 110 employees | $55.2M | 11.1 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.5M |
| Estimate: the two combined (geometric mean) | $2.7M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $341K |
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 | $1.4M |
| Multiple for this size and industry | 4.2× |
| Value range | $754K – $2.0M |
| Revenue range | $1.8M – $3.1M |
| EBITDA range | $224K – $389K |
| Industry (NAICS) | Other Aircraft Parts and Auxiliary Equipment Manufacturing (336413) |
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
- BankingBancFirstPPP / 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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/30/2020 | first | $86K | 2 |
| 2/3/2021 | second | $65K | 3 |
About Advent Aircraft Systems, Inc
Advent Aircraft Systems, Inc is an other aircraft parts and auxiliary equipment manufacturing company in Tulsa, Oklahoma. Its estimated annual revenue is about $2.7M, with roughly $341K of EBITDA. It has about 7 employees. Its estimated business value is $1.4M (likely range $754K–$2.0M).
Common questions
- Who owns Advent Aircraft Systems, Inc?
- The owner of Advent Aircraft Systems, 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 Advent Aircraft Systems, Inc make?
- SeeBITDA estimates Advent Aircraft Systems, Inc's annual revenue at about $2.7M (likely between $1.8M and $3.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Advent Aircraft Systems, Inc worth?
- About $1.4M, roughly 4.2× its estimated EBITDA of $341K, typical for a other aircraft parts and auxiliary equipment manufacturing company its size. Likely range: $754K–$2.0M.
- How many employees does Advent Aircraft Systems, Inc have?
- About 7, from its 2024 retirement-plan filing.