B&b Heating & Air Conditioning, Inc
How we got $2.9M
Based on its 28 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
B&B Heating & Air Conditioning is a locally owned HVAC contractor in Grove, OK that provides heating, cooling, indoor air quality and plumbing services for residential and commercial customers.
From the company's website. Industry: Plumbing, heating & air.
Customers & suppliers
Suppliers & brands
- Lennox · brand it sells or installs
Estimated value over time
▲ 36% 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 |
|---|---|---|
| B&B HEATING & AIR CONDITIONING, INC this business | $10.5M | — |
| Argent Electric LLC Grove | $1.8M | 0.3 mi |
| WHIZ PLUMBING, LLC Grove · 2 employees | $374K | 0.7 mi |
| ZAP, INC Grove · 8 employees | $1.6M | 1.1 mi |
| TESS ELECTRICAL SYSTEMS INC Grove · 4 employees | $1.0M | 1.1 mi |
| TOTAL COVERAGE ELECTRIC INC. Grove · 5 employees | $1.3M | 1.1 mi |
| TYLER DOZIER Grove · 5 employees | $1.0M | 1.1 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) | $10.1M |
| Estimate: the two combined (geometric mean) | $10.5M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $979K |
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 | $2.9M |
| Multiple for this size and industry | 3× |
| Value range | $1.5M – $4.0M |
| Revenue range | $6.9M – $12.0M |
| EBITDA range | $644K – $1.1M |
| Industry (NAICS) | Plumbing, Heating, and Air-Conditioning Contractors (238220) |
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
- BankingArvest 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 PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $340K | 28 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About B&b Heating & Air Conditioning, Inc
B&b Heating & Air Conditioning, Inc is a plumbing, heating & air company in Grove, Oklahoma, in business since 2014. Its estimated annual revenue is about $10.5M, with roughly $979K of EBITDA. It has about 28 employees. Its estimated business value is $2.9M (likely range $1.5M–$4.0M).
Common questions
- Who owns B&b Heating & Air Conditioning, Inc?
- The owner of B&b Heating & Air Conditioning, Inc 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 B&b Heating & Air Conditioning, Inc make?
- SeeBITDA estimates B&b Heating & Air Conditioning, Inc's annual revenue at about $10.5M (likely between $6.9M and $12.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is B&b Heating & Air Conditioning, Inc worth?
- About $2.9M, roughly 3× its estimated EBITDA of $979K, typical for a plumbing, heating & air company its size. Likely range: $1.5M–$4.0M.
- How many employees does B&b Heating & Air Conditioning, Inc have?
- About 28, as reported on its PPP loan.
- When was B&b Heating & Air Conditioning, Inc founded?
- B&b Heating & Air Conditioning, Inc has been in business since 2014.