Applied Industrial Coatings, LLC
- Dennis GlascoVP Aviation · Company website
- Craig SmithVP Operations · Company website
- Klint SchusterSales / Business Development · Company website
- Mindy ColeSales/Customer Service · Company website
How we got $5.1M
Based on its 32 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 52 years (since 1974)
From public records and the company's website, not a statement that it's for sale.
What they do
DuraCoatings provides industrial hard chrome, industrial nickel and thermal spray coating services that extend the wear life of components for a variety of industries. The page describes it as the leading industrial coatings company in the Midwest with over 40 years of experience.
From the company's website. Industry: Electroplating, Plating, Polishing, Anodizing, and Coloring.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Continental Resources · Oklahoma City, 11 mi · $7.69B
- GULFPORT ENERGY CORPORATION · Oklahoma City, 20 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 20 mi · $1.18B
- CROWN ENERGY COMPANY · Oklahoma City, 12 mi · $711.7M
- T/J INSPECTION, INC. · Del City, 12 mi · $651.7M
Estimated value over time
▲ 0% 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 |
|---|---|---|
| APPLIED INDUSTRIAL COATINGS, LLC this business | $8.3M | — |
| Moostafa Powder Coating Moore | $3.1M | 5.9 mi |
| Performance Dustless Blasting Moore | $3.1M | 6.5 mi |
| TOPPS POWDER COATING, L.L.C. Moore · 10 employees | $2.3M | 6.6 mi |
| PRECISION ANODIZING INC. Oklahoma City · 11 employees | $1.9M | 6.7 mi |
| Affordable Coating Solutions Oklahoma City | $3.1M | 7.1 mi |
| FINE ARTS ENGRAVING CO. INC. Oklahoma City · 15 employees | $4.2M | 7.8 mi |
The full calculation
| Employees reported to the SBA | 32 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.9M |
| Estimate: the two combined (geometric mean) | $8.3M |
| EBITDA margin (industry, adjusted for size) | 13% |
| 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 | $5.1M |
| Multiple for this size and industry | 4.7× |
| Value range | $2.7M – $7.0M |
| Revenue range | $5.5M – $9.5M |
| EBITDA range | $713K – $1.2M |
| Industry (NAICS) | Electroplating, Plating, Polishing, Anodizing, and Coloring (332813) |
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
- BankingGulf Capital 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
| Gulf Capital Bank PPP 2020 | All 4 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $457K | 32 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Applied Industrial Coatings, LLC
Applied Industrial Coatings, LLC is an electroplating, plating, polishing, anodizing, and coloring company in Oklahoma City, Oklahoma, in business since 1974. Its estimated annual revenue is about $8.3M, with roughly $1.1M of EBITDA. It has about 32 employees. Its estimated business value is $5.1M (likely range $2.7M–$7.0M).
Common questions
- Who owns Applied Industrial Coatings, LLC?
- The owner of Applied Industrial Coatings, 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 Applied Industrial Coatings, LLC make?
- SeeBITDA estimates Applied Industrial Coatings, LLC's annual revenue at about $8.3M (likely between $5.5M and $9.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Applied Industrial Coatings, LLC worth?
- About $5.1M, roughly 4.7× its estimated EBITDA of $1.1M, typical for a electroplating, plating, polishing, anodizing, and coloring company its size. Likely range: $2.7M–$7.0M.
- How many employees does Applied Industrial Coatings, LLC have?
- About 32, as reported on its PPP loan.
- When was Applied Industrial Coatings, LLC founded?
- Applied Industrial Coatings, LLC has been in business since 1974.