Aircraft Specialties Services, Inc
How we got $20.6M
Based on its 43 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 30 years (since 1996)
From public records and the company's website, not a statement that it's for sale.
What they do
Aircraft Specialties Services offers machining services, aircraft parts and pilot supplies, based in Tulsa, OK.
From the company's website. Industry: Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers.
Customers & suppliers
Suppliers & brands
- Engine Components International · brand it sells or installs
- Superior Air Parts · brand it sells or installs
Estimated value over time
▲ 21% 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
▼ 7% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 43 | $50.7M |
| 2023 | Form 5500 | 30 | $35.4M |
| 2024 | Form 5500 | 33 | $38.9M |
| 2025 | Form 5500 | 40 | $47.1M |
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 |
|---|---|---|
| AIRCRAFT SPECIALTIES SERVICES, INC this business | $57.9M | — |
| JETMARK AIRCRAFT INTERIORS LLC Tulsa · 2 employees | $2.5M | 0.1 mi |
| HORTON HYDRAULICS, INC. Tulsa · 34 employees | $30.9M | 0.9 mi |
| FREEDOM SCAFFOLD LLC Tulsa · 55 employees | $49.5M | 1.0 mi |
| MAXWELL SUPPLY OF TULSA, INC. Tulsa · 22 employees | $26.8M | 1.1 mi |
| METAL MANAGEMENT SUPPLY, INC Tulsa · 4 employees | $6.1M | 1.4 mi |
| TOOL CENTER INC. Tulsa · 6 employees | $6.1M | 1.7 mi |
The full calculation
| Employees reported to the SBA | 43 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $48.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $53.6M |
| Estimate: the two combined (geometric mean) | $57.9M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $4.0M |
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 | $20.6M |
| Multiple for this size and industry | 5.2× |
| Value range | $10.9M – $28.2M |
| Revenue range | $38.1M – $66.0M |
| EBITDA range | $2.6M – $4.5M |
| Industry (NAICS) | Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers (423860) |
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
- BankingSecurity 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
| Security Bank PPP 2020 | All 617 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $553K | 43 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Aircraft Specialties Services, Inc
Aircraft Specialties Services, Inc is a transportation equipment and supplies (except motor vehicle) merchant wholesalers company in Tulsa, Oklahoma, in business since 1996. Its estimated annual revenue is about $57.9M, with roughly $4.0M of EBITDA. It has about 40 employees. Its estimated business value is $20.6M (likely range $10.9M–$28.2M).
Common questions
- Who owns Aircraft Specialties Services, Inc?
- The owner of Aircraft Specialties 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 Aircraft Specialties Services, Inc make?
- SeeBITDA estimates Aircraft Specialties Services, Inc's annual revenue at about $57.9M (likely between $38.1M and $66.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Aircraft Specialties Services, Inc worth?
- About $20.6M, roughly 5.2× its estimated EBITDA of $4.0M, typical for a transportation equipment and supplies (except motor vehicle) merchant wholesalers company its size. Likely range: $10.9M–$28.2M.
- How many employees does Aircraft Specialties Services, Inc have?
- About 40, from its 2025 retirement-plan filing.
- When was Aircraft Specialties Services, Inc founded?
- Aircraft Specialties Services, Inc has been in business since 1996.