Amsco Steel, LLC
How we got $5.0M
Based on its 10 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 74 years (since 1952)
From public records and the company's website, not a statement that it's for sale.
What they do
AMSCO Steel, LLC is a steel distributor in Altus, Oklahoma, serving its community since 1952 with steel products and welding supplies for industrial and commercial needs.
From the company's website. Industry: Metal Service Centers and Other Metal Merchant Wholesalers.
Customers & suppliers
Suppliers & brands
- Central States Manufacturing · brand it sells or installs
Estimated value over time
▲ 46% 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 |
|---|---|---|
| AMSCO STEEL, LLC this business | $12.0M | — |
| M&M Coatings Inc Altus | $3.1M | 0.3 mi |
| AVIATION TRAINING CONSULTING, LLC Altus · 189 employees | $102.3M | 0.9 mi |
| RED RIVER AVIATION SERVICES LLC Altus · 6 employees | $3.7M | 4.9 mi |
| TURBINES INC Altus · 38 employees | $21.5M | 5.4 mi |
| KINDER EQUIPMENT, LLC Frederick · 4 employees | $1.8M | 27.6 mi |
| GIN REPAIR, CONSTRUCTION AND WELDING SERVICES, LLC Davidson · 8 employees | $2.2M | 30.3 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $14.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.4M |
| Estimate: the two combined (geometric mean) | $12.0M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.1M |
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 | $5.0M |
| Multiple for this size and industry | 4.7× |
| Value range | $2.6M – $6.8M |
| Revenue range | $7.9M – $13.7M |
| EBITDA range | $700K – $1.2M |
| Industry (NAICS) | Metal Service Centers and Other Metal Merchant Wholesalers (423510) |
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, 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
“As a family-owned and operated business, we are deeply rooted in the communities we serve, with local owners dedicated to meeting the needs of Western Oklahoma and North Texas.”
Advisors
- BankingFrazer 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
| Frazer Bank PPP 2020 | All 177 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $95K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Amsco Steel, LLC
Amsco Steel, LLC is a family-owned metal service centers and other metal merchant wholesalers company in Altus, Oklahoma, in business since 1952. Its estimated annual revenue is about $12.0M, with roughly $1.1M of EBITDA. It has about 10 employees. Its estimated business value is $5.0M (likely range $2.6M–$6.8M).
Common questions
- Who owns Amsco Steel, LLC?
- The owner of Amsco Steel, LLC 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 Amsco Steel, LLC make?
- SeeBITDA estimates Amsco Steel, LLC's annual revenue at about $12.0M (likely between $7.9M and $13.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Amsco Steel, LLC worth?
- About $5.0M, roughly 4.7× its estimated EBITDA of $1.1M, typical for a metal service centers and other metal merchant wholesalers company its size. Likely range: $2.6M–$6.8M.
- How many employees does Amsco Steel, LLC have?
- About 10, as reported on its PPP loan.
- When was Amsco Steel, LLC founded?
- Amsco Steel, LLC has been in business since 1952.