Aztech Lubricants
How we got $468K
Based on its 3 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
- In business 21 years (since 2005)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 21% 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
▲ 100% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 3 | $312K |
| 2020 | Form 5500 | 4 | $416K |
| 2021 | Form 5500 | 4 | $416K |
| 2022 | Form 5500 | 5 | $520K |
| 2023 | Form 5500 | 5 | $520K |
| 2024 | Form 5500 | 6 | $624K |
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 |
|---|---|---|
| AZTECH LUBRICANTS this business | $814K | — |
| VERITAS CONSULTING, LLC Wayne · 1 employees | $152K | 0.8 mi |
| JSF BUSINESS SOLUTIONS, LLC Wayne · 1 employees | $254K | 3.3 mi |
| SUSAN JENKINS CPA PLLC Purcell · 1 employees | $167K | 5.5 mi |
| ROGER D CUDD CPA PLLC Purcell · 7 employees | $1.5M | 6.9 mi |
| SUZANNE WOODROW P.C. Purcell · 4 employees | $927K | 7.0 mi |
| Healthy Financials Lexington | $736K | 7.4 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $493K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.0M |
| Estimate: the two combined (geometric mean) | $814K |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $161K |
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 | $468K |
| Multiple for this size and industry | 2.9× |
| Value range | $246K – $640K |
| Revenue range | $535K – $928K |
| EBITDA range | $106K – $184K |
| Industry (NAICS) | Other Accounting Services (541219) |
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
People & advisors
Leadership
- MCMichael ColvinSigned for the company · 2021 retirement-plan filing (Form 5500)
Advisors
- BankingFirst Bank and Trust CoPPP / 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 Bank and Trust Co PPP 2020 | All 694 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 | $41K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Aztech Lubricants
Aztech Lubricants is an accounting & tax company in Wayne, Oklahoma, in business since 2005. Its estimated annual revenue is about $814K, with roughly $161K of EBITDA. It has about 6 employees. Its estimated business value is $468K (likely range $246K–$640K).
Common questions
- Who owns Aztech Lubricants?
- The owner of Aztech Lubricants 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 Aztech Lubricants make?
- SeeBITDA estimates Aztech Lubricants's annual revenue at about $814K (likely between $535K and $928K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Aztech Lubricants worth?
- About $468K, roughly 2.9× its estimated EBITDA of $161K, typical for a accounting & tax company its size. Likely range: $246K–$640K.
- How many employees does Aztech Lubricants have?
- About 6, from its 2024 retirement-plan filing.
- When was Aztech Lubricants founded?
- Aztech Lubricants has been in business since 2005.