Associated Environmental Industries, Corp.
How we got $6.9M
Based on its 28 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 34 years (since 1992)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 90% 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 |
|---|---|---|
| ASSOCIATED ENVIRONMENTAL INDUSTRIES, CORP. this business | $9.2M | — |
| CAMPBELL & ASSOCIATES INC Norman · 7 employees | $2.7M | 0.2 mi |
| MITSCHER & ASSOCIATES ARCHITECTS, PLLC Norman · 2 employees | $687K | 0.3 mi |
| Diagnostic Laboratory of Oklahoma Norman | $2.0M | 0.8 mi |
| Diagnostic Laboratory of Oklahoma - Tecumseh Crossings PSC | $2.0M | 0.8 mi |
| Vip Hosting Norman | $4.0M | 0.8 mi |
| Video Game Console Repair at CPR Norman | $2.0M | 0.9 mi |
The full calculation
| Employees reported to the SBA | 28 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.8M |
| Estimate: the two combined (geometric mean) | $9.2M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $1.3M |
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 | $6.9M |
| Multiple for this size and industry | 5.2× |
| Value range | $3.6M – $9.4M |
| Revenue range | $6.1M – $10.5M |
| EBITDA range | $874K – $1.5M |
| Industry (NAICS) | Engineering Services (541330) |
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
People & advisors
Advisors
- BankingFirst United Bank and Trust CompanyPPP / 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
| First United Bank and Trust Company PPP 2020, PPP 2021 | All 2,229 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 | $353K | 28 |
| 3/23/2021 | second | $355K | 23 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Associated Environmental Industries, Corp.
Associated Environmental Industries, Corp. is an engineering & architecture company in Norman, Oklahoma, in business since 1992. It is owned by Robert C. Keyes (President and CEO). Its estimated annual revenue is about $9.2M, with roughly $1.3M of EBITDA. It has about 28 employees. Its estimated business value is $6.9M (likely range $3.6M–$9.4M).
Common questions
- Who owns Associated Environmental Industries, Corp.?
- Associated Environmental Industries, Corp. is owned by Robert C. Keyes (President and CEO), according to public sources such as the company's website or filings.
- How much revenue does Associated Environmental Industries, Corp. make?
- SeeBITDA estimates Associated Environmental Industries, Corp.'s annual revenue at about $9.2M (likely between $6.1M and $10.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Associated Environmental Industries, Corp. worth?
- About $6.9M, roughly 5.2× its estimated EBITDA of $1.3M, typical for a engineering & architecture company its size. Likely range: $3.6M–$9.4M.
- How many employees does Associated Environmental Industries, Corp. have?
- About 28, as reported on its PPP loan.
- When was Associated Environmental Industries, Corp. founded?
- Associated Environmental Industries, Corp. has been in business since 1992.