Associated Glass Company
How we got $1.1M
Based on its 14 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 10% 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
▼ 21% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 14 | $2.2M |
| 2020 | Form 5500 | 13 | $2.0M |
| 2021 | Form 5500 | 11 | $1.7M |
| 2022 | Form 5500 | 11 | $1.7M |
| 2023 | Form 5500 | 11 | $1.7M |
| 2024 | Form 5500 | 11 | $1.7M |
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 |
|---|---|---|
| ASSOCIATED GLASS COMPANY this business | $4.5M | — |
| GODWIN FORMWORK SOLUTIONS, INC. Oklahoma City · 93 employees | $33.8M | 0.2 mi |
| ATLAS GLASS & MIRROR COMPANY Oklahoma City · 9 employees | $2.0M | 0.2 mi |
| CAPITOL ROOFING COMPANY INC Oklahoma City | $2.2M | 0.2 mi |
| The Friendly Concrete Experts Oklahoma City | $2.2M | 0.3 mi |
| SOUTHWESTERN ROOFING & METAL Oklahoma City · 64 employees | $39.7M | 0.4 mi |
| Kibera Concrete & Excavation Oklahoma City | $2.2M | 0.7 mi |
The full calculation
| Employees reported to the SBA | 14 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.1M |
| Estimate: the two combined (geometric mean) | $4.5M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $480K |
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 | $1.1M |
| Multiple for this size and industry | 2.3× |
| Value range | $581K – $1.5M |
| Revenue range | $3.0M – $5.2M |
| EBITDA range | $316K – $547K |
| Industry (NAICS) | Glass and Glazing Contractors (238150) |
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
- BankingJPMorgan Chase Bank, National AssociationPPP / 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
| JPMorgan Chase Bank, National Association PPP 2020, PPP 2021 | All 993 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/16/2020 | first | $161K | 14 |
| 2/5/2021 | second | $171K | 12 |
About Associated Glass Company
Associated Glass Company is a glass and glazing contractors company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $4.5M, with roughly $480K of EBITDA. It has about 11 employees. Its estimated business value is $1.1M (likely range $581K–$1.5M).
Common questions
- Who owns Associated Glass Company?
- The owner of Associated Glass Company 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 Associated Glass Company make?
- SeeBITDA estimates Associated Glass Company's annual revenue at about $4.5M (likely between $3.0M and $5.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Associated Glass Company worth?
- About $1.1M, roughly 2.3× its estimated EBITDA of $480K, typical for a glass and glazing contractors company its size. Likely range: $581K–$1.5M.
- How many employees does Associated Glass Company have?
- About 11, from its 2024 retirement-plan filing.