American Pipe Bending Inc
How we got $8.7M
Based on its 35 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 39 years (since 1987)
From public records and the company's website, not a statement that it's for sale.
What they do
American Pipe Bending provides pipe and tube bending services for business customers across a range of industries, including heat induction bending, coiling, and cold bending.
From the company's website. Industry: Fabricated Pipe and Pipe Fitting Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- MCINTOSH CORPORATION · Tulsa, 6 mi · $105.6M
- AIRCO SERVICES INC · Tulsa, 8 mi · $88.4M
- PLATINUM MECHANICAL, LLC · Tulsa, 6 mi · $49.5M
- AIR ASSURANCE ACQUISITION CO · Broken Arrow, 10 mi · $39.9M
- Kinty Jones Heating & Cooling · Broken Arrow, 12 mi · $22.7M
Estimated value over time
▲ 31% 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
▼ 17% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 35 | $9.4M |
| 2020 | Form 5500 | 31 | $8.3M |
| 2021 | Form 5500 | 29 | $7.8M |
| 2022 | Form 5500 | 29 | $7.8M |
| 2023 | Form 5500 | 29 | $7.8M |
| 2024 | Form 5500 | 30 | $8.0M |
| 2025 | Form 5500 | 29 | $7.8M |
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 PIPE BENDING INC this business | $17.4M | — |
| LAUGHING WATER ENTERPRISES LLC Tulsa · 6 employees | $2.0M | 2.1 mi |
| HONOR COMPANIES, INC. Tulsa | $9.2M | 2.2 mi |
| PRECISION HOSE TECHNOLOGY, INC. Tulsa · 10 employees | $4.8M | 2.4 mi |
| HORTON INDUSTRIES, INC. Tulsa · 19 employees | $8.3M | 2.4 mi |
| WELDPRO MANUFACTURING LLC Tulsa · 9 employees | $3.7M | 2.5 mi |
| FSEB ENTERPRISE LLC Tulsa · 24 employees | $14.6M | 2.7 mi |
The full calculation
| Employees reported to the SBA | 35 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $12.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $18.9M |
| Estimate: the two combined (geometric mean) | $17.4M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.9M |
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 | $8.7M |
| Multiple for this size and industry | 4.7× |
| Value range | $4.6M – $12.0M |
| Revenue range | $11.5M – $19.9M |
| EBITDA range | $1.2M – $2.1M |
| Industry (NAICS) | Fabricated Pipe and Pipe Fitting Manufacturing (332996) |
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
“Founded in 1987, AMERICAN PIPE BENDING COMPANY has been an industry leader in custom built, high quality pipe and tube bending, coiling and fabrication.”
Advisors
- BankingMabrey 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
| Mabrey Bank PPP 2020, PPP 2021 | All 851 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 | $631K | 35 |
| 3/26/2021 | second | $631K | 34 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About American Pipe Bending Inc
American Pipe Bending Inc is a fabricated pipe and pipe fitting manufacturing company in Tulsa, Oklahoma, in business since 1987. It is owned by Larry Houston (President). Its estimated annual revenue is about $17.4M, with roughly $1.9M of EBITDA. It has about 29 employees. Its estimated business value is $8.7M (likely range $4.6M–$12.0M).
Common questions
- Who owns American Pipe Bending Inc?
- American Pipe Bending Inc is owned by Larry Houston (President), according to public sources such as the company's website or filings.
- How much revenue does American Pipe Bending Inc make?
- SeeBITDA estimates American Pipe Bending Inc's annual revenue at about $17.4M (likely between $11.5M and $19.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is American Pipe Bending Inc worth?
- About $8.7M, roughly 4.7× its estimated EBITDA of $1.9M, typical for a fabricated pipe and pipe fitting manufacturing company its size. Likely range: $4.6M–$12.0M.
- How many employees does American Pipe Bending Inc have?
- About 29, from its 2025 retirement-plan filing.
- When was American Pipe Bending Inc founded?
- American Pipe Bending Inc has been in business since 1987.