American Elevator Company, Inc.
How we got $2.8M
Based on 26 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Signs of a sale Some signs of a sale
- In business 51 years (since 1975)
From public records and the company's website, not a statement that it's for sale.
What they do
American Elevator Company is an elevator service company in Oklahoma City, OK, offering installation, maintenance, repair, modernization and safety testing for elevator systems. It was established in 1975 and says it focuses on customer care at a fair price.
From the company's website. Industry: Other Personal and Household Goods Repair and Maintenance.
Customers & suppliers
Customers
- Department of the Army · federal contracts $1.3M
- Department of Veterans Affairs · federal contracts $78K
- Department of the Air Force · federal contracts $56K
- Federal Prison System / Bureau of Prisons · federal contracts $48K
Estimated value over time
▲ 38% 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
▼ 88% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 26 | $3.3M |
| 2020 | Form 5500 | 7 | $888K |
| 2021 | Form 5500 | 5 | $634K |
| 2022 | Form 5500 | 3 | $381K |
| 2023 | Form 5500 | 3 | $381K |
| 2024 | Form 5500 | 3 | $381K |
| 2025 | Form 5500 | 3 | $381K |
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 |
|---|---|---|
| AMERICAN ELEVATOR COMPANY, INC. this business | $6.4M | — |
| ATLEE ENTERPRISES INC. Oklahoma City · 3 employees | $736K | 2.3 mi |
| PIKE UPHOLSTERY INC Oklahoma City · 4 employees | $590K | 2.4 mi |
| OKLAHOMA CITY BOATWORKS INC Oklahoma City · 1 employees | $350K | 2.4 mi |
| TED'S APPLIANCES LLC Oklahoma City · 5 employees | $1.1M | 2.6 mi |
| TIM'S REPAIR SERVICE, LLC Oklahoma City · 1 employees | $299K | 2.8 mi |
| ADAM'S APPLIANCE REPAIR INC Oklahoma City · 4 employees | $590K | 3.0 mi |
The full calculation
| Employees reported to the SBA | 26 |
| Industry revenue per employee | $127K |
| Revenue = employees × revenue per employee | $6.4M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $732K |
| Cross-check: revenue implied by PPP payroll | $17.5M |
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 | $2.8M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.3M – $3.9M |
| Revenue range | $3.8M – $7.6M |
| EBITDA range | $433K – $866K |
| Industry (NAICS) | Other Personal and Household Goods Repair and Maintenance (811490) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“American Elevator Company was established in 1975 with the idea that excellent customer care at a fair price would form a long-term bond with our clients.”
Leadership
- VFValerie FoxSigned for the company · 2020 retirement-plan filing (Form 5500)
Advisors
- BankingJPMorgan Chase 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
| JPMorgan Chase Bank, National Association 7(a) 2025, PPP 2020 | All 993 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $709K | 26 |
Public records
| Dec 2024 | 7(a) | $500K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About American Elevator Company, Inc.
American Elevator Company, Inc. is an other personal and household goods repair and maintenance company in Oklahoma City, Oklahoma, in business since 1975. Its estimated annual revenue is about $6.4M, with roughly $732K of EBITDA. It has about 3 employees. Its estimated business value is $2.8M (likely range $1.3M–$3.9M).
Common questions
- Who owns American Elevator Company, Inc.?
- The owner of American Elevator Company, 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 American Elevator Company, Inc. make?
- SeeBITDA estimates American Elevator Company, Inc.'s annual revenue at about $6.4M (likely between $3.8M and $7.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is American Elevator Company, Inc. worth?
- About $2.8M, roughly 3.8× its estimated EBITDA of $732K, typical for a other personal and household goods repair and maintenance company its size. Likely range: $1.3M–$3.9M.
- How many employees does American Elevator Company, Inc. have?
- About 3, from its 2025 retirement-plan filing.
- When was American Elevator Company, Inc. founded?
- American Elevator Company, Inc. has been in business since 1975.