American Welding Supply
How we got $2.6M
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 19 years (since 2007)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 99% 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 |
|---|---|---|
| AMERICAN WELDING SUPPLY this business | $10.7M | — |
| AKL SERVICES, INC Cushing · 9 employees | $10.9M | 1.1 mi |
| FECHNER PUMP & SUPPLY,INC. Cushing · 29 employees | $26.2M | 1.2 mi |
| REDMONT SALES LLC Cushing · 2 employees | $4.0M | 2.2 mi |
| SERVICE KING MANUFACTURING, INC Stroud · 104 employees | $103.0M | 16.6 mi |
| SERVICE KING SALES INTERNATIONAL, INC Stroud · 3 employees | $4.4M | 17.1 mi |
| SPECIALTY AVIATION SERVICES LLC Stroud · 2 employees | $2.8M | 19.2 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $10.7M |
| Estimate: the two combined (geometric mean) | $10.7M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $731K |
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 | $2.6M |
| Multiple for this size and industry | 3.6× |
| Value range | $1.4M – $3.6M |
| Revenue range | $7.0M – $12.2M |
| EBITDA range | $481K – $834K |
| Industry (NAICS) | Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers (423810) |
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
- BankingBlue Sky 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
| Blue Sky Bank PPP 2020 | All 430 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $96K | 8 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About American Welding Supply
American Welding Supply is a construction and mining (except oil well) machinery and equipment merchant wholesalers company in Cushing, Oklahoma, in business since 2007. It is owned by J Kevin Daves (Owner / Officer). Its estimated annual revenue is about $10.7M, with roughly $731K of EBITDA. It has about 8 employees. Its estimated business value is $2.6M (likely range $1.4M–$3.6M).
Common questions
- Who owns American Welding Supply?
- American Welding Supply is owned by J Kevin Daves (Owner / Officer), according to public sources such as the company's website or filings.
- How much revenue does American Welding Supply make?
- SeeBITDA estimates American Welding Supply's annual revenue at about $10.7M (likely between $7.0M and $12.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is American Welding Supply worth?
- About $2.6M, roughly 3.6× its estimated EBITDA of $731K, typical for a construction and mining (except oil well) machinery and equipment merchant wholesalers company its size. Likely range: $1.4M–$3.6M.
- How many employees does American Welding Supply have?
- About 8, as reported on its PPP loan.
- When was American Welding Supply founded?
- American Welding Supply has been in business since 2007.