Airco Services Inc
How we got $34.9M
Based on its 242 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 36% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| AIRCO SERVICES INC this business | $88.4M | — |
| TRIAD SERVICE COMPANY MECHANICAL CONTRACTORS INC Tulsa · 9 employees | $2.9M | 0.2 mi |
| Moore Water & Air Tulsa | $2.3M | 0.2 mi |
| A&R MECHANICAL, INC. Tulsa · 7 employees | $1.5M | 0.3 mi |
| ACTS ELECTRIC LLC Tulsa · 4 employees | $972K | 0.4 mi |
| Swep Tulsa | $1.9M | 0.4 mi |
| Mr. Electric Of Tulsa Tulsa | $1.9M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 242 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $81.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $73.7M |
| Estimate: the two combined (geometric mean) | $88.4M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $6.7M |
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 | $34.9M |
| Multiple for this size and industry | 5.2× |
| Value range | $18.4M – $47.8M |
| Revenue range | $58.1M – $100.8M |
| EBITDA range | $4.4M – $7.7M |
| Industry (NAICS) | Plumbing, Heating, and Air-Conditioning Contractors (238220) |
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
- BankingTriad 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 Roles are as stated there and may be out of date.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
| Triad Bank, National Association PPP 2020 | All 138 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $2.5M | 242 |
About Airco Services Inc
Airco Services Inc is a plumbing, heating & air company in Tulsa, Oklahoma. Its estimated annual revenue is about $88.4M, with roughly $6.7M of EBITDA. It has about 242 employees. Its estimated business value is $34.9M (likely range $18.4M–$47.8M).
Common questions
- Who owns Airco Services Inc?
- The owner of Airco Services 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 Airco Services Inc make?
- SeeBITDA estimates Airco Services Inc's annual revenue at about $88.4M (likely between $58.1M and $100.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Airco Services Inc worth?
- About $34.9M, roughly 5.2× its estimated EBITDA of $6.7M, typical for a plumbing, heating & air company its size. Likely range: $18.4M–$47.8M.
- How many employees does Airco Services Inc have?
- About 242, as reported on its PPP loan.