Ast Storage LLC
How we got $13.6M
Based on its 56 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
- Headcount down 23% since 2021 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
What they do
AST Storage makes powder coated bolted storage tanks, described as made in USA, for fire protection, potable water, wastewater/leachate, frac sand, dry bulk and data center uses.
From the company's website. Industry: Metal Tank (Heavy Gauge) Manufacturing.
Estimated value over time
▼ 13% 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
▲ 23% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 56 | $19.0M |
| 2020 | Form 5500 | 87 | $29.4M |
| 2021 | Form 5500 | 90 | $30.5M |
| 2022 | Form 5500 | 87 | $29.4M |
| 2023 | Form 5500 | 45 | $15.2M |
| 2024 | Form 5500 | 57 | $19.3M |
| 2025 | Form 5500 | 69 | $23.4M |
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 |
|---|---|---|
| AST STORAGE LLC this business | $20.5M | — |
| CIRCLE R CONSTRUCTION Jay · 15 employees | $4.9M | 8.7 mi |
| CAPP CONSTRUCTION LLC Jay · 20 employees | $10.1M | 10.3 mi |
| C&M CONTRACTORS, LLC Vinita · 23 employees | $7.8M | 18.8 mi |
| N. E. O. FABRICATION L. L. C. Miami · 40 employees | $16.4M | 29.9 mi |
| FTDM INVESTMENTS, LLC Locust Grove · 97 employees | $68.3M | 31.5 mi |
| PARFAB INDUSTRIES LLC Inola · 93 employees | $71.5M | 47.2 mi |
The full calculation
| Employees reported to the SBA | 56 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $23.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $13.6M |
| Estimate: the two combined (geometric mean) | $20.5M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $2.4M |
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 | $13.6M |
| Multiple for this size and industry | 5.8× |
| Value range | $7.2M – $18.7M |
| Revenue range | $13.5M – $23.4M |
| EBITDA range | $1.5M – $2.7M |
| Industry (NAICS) | Metal Tank (Heavy Gauge) Manufacturing (332420) |
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. 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
- BankingThe Corner Stone Bank, Arvest 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
| Arvest Bank 7(a) 2020 | All 5,114 borrowers → |
| The Corner Stone Bank PPP 2020, PPP 2021 | All 20 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $387K | 50 |
| 1/19/2021 | second | $388K | 56 |
Public records
| Sep 2020 | 7(a) | $2.6M |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ast Storage LLC
Ast Storage LLC is a metal tank (heavy gauge) manufacturing company in Jay, Oklahoma, in business since 2015. Its estimated annual revenue is about $20.5M, with roughly $2.4M of EBITDA. It has about 69 employees. Its estimated business value is $13.6M (likely range $7.2M–$18.7M).
Common questions
- Who owns Ast Storage LLC?
- The owner of Ast Storage 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 Ast Storage LLC make?
- SeeBITDA estimates Ast Storage LLC's annual revenue at about $20.5M (likely between $13.5M and $23.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ast Storage LLC worth?
- About $13.6M, roughly 5.8× its estimated EBITDA of $2.4M, typical for a metal tank (heavy gauge) manufacturing company its size. Likely range: $7.2M–$18.7M.
- How many employees does Ast Storage LLC have?
- About 69, from its 2025 retirement-plan filing.
- When was Ast Storage LLC founded?
- Ast Storage LLC has been in business since 2015.