Afg Acquisition Group LLC
How we got $36.7M
Based on its 221 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 61% 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 |
|---|---|---|
| AFG ACQUISITION GROUP LLC this business | $74.6M | — |
| T&L FOUNDRY, INC Glenpool · 60 employees | $19.6M | 7.0 mi |
| FORGED BY CREATION Broken Arrow · 8 employees | $2.8M | 8.7 mi |
| OZARK STEEL LLC Tulsa · 53 employees | $20.7M | 12.3 mi |
| ALPHA INVESTMENT CASTING, LLC Tulsa · 45 employees | $18.1M | 15.3 mi |
| METAL DYNAMICS CORPORATION Tulsa · 22 employees | $5.8M | 16.0 mi |
| MACS ALUMINUM INC Sand Springs · 1 employees | $596K | 21.7 mi |
The full calculation
| Employees reported to the SBA | 221 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $71.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $59.8M |
| Estimate: the two combined (geometric mean) | $74.6M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $5.4M |
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 | $36.7M |
| Multiple for this size and industry | 6.8× |
| Value range | $19.3M – $50.2M |
| Revenue range | $49.0M – $85.0M |
| EBITDA range | $3.5M – $6.1M |
| Industry (NAICS) | Iron Foundries (331511) |
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
- BankingCrossFirst 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 Roles are as stated there and may be out of date.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
| CrossFirst Bank PPP 2020, PPP 2021 | All 299 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $2.0M | 221 |
| 3/20/2021 | second | $2.0M | 155 |
About Afg Acquisition Group LLC
Afg Acquisition Group LLC is an iron foundries company in Bixby, Oklahoma. It is owned by Jogi Makhani (Officer). Its estimated annual revenue is about $74.6M, with roughly $5.4M of EBITDA. It has about 221 employees. Its estimated business value is $36.7M (likely range $19.3M–$50.2M).
Common questions
- Who owns Afg Acquisition Group LLC?
- Afg Acquisition Group LLC is owned by Jogi Makhani (Officer), according to public sources such as the company's website or filings.
- How much revenue does Afg Acquisition Group LLC make?
- SeeBITDA estimates Afg Acquisition Group LLC's annual revenue at about $74.6M (likely between $49.0M and $85.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Afg Acquisition Group LLC worth?
- About $36.7M, roughly 6.8× its estimated EBITDA of $5.4M, typical for a iron foundries company its size. Likely range: $19.3M–$50.2M.
- How many employees does Afg Acquisition Group LLC have?
- About 221, as reported on its PPP loan.