Banker Heating & Air, L.L.C.
- Gerald BankerSigns company filings · Form 5500 (2024)
How we got $200K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Employees over time
▼ 33% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 3 | $613K |
| 2020 | Form 5500 | 2 | $409K |
| 2021 | Form 5500 | 2 | $409K |
| 2022 | Form 5500 | 5 | $1.0M |
| 2023 | Form 5500 | 5 | $1.0M |
| 2024 | Form 5500 | 2 | $409K |
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 |
|---|---|---|
| BANKER HEATING & AIR, L.L.C. this business | $781K | — |
| LANCE PLUMBING AND DRAIN INC Bixby · 6 employees | $1.2M | 0.7 mi |
| SPROUSE HEATING & AIR INC. Bixby · 3 employees | $814K | 0.7 mi |
| A-P ELECTRIC, INC. Tulsa · 5 employees | $1.4M | 0.8 mi |
| FREEDOM PLUMBING HEAT & AIR CONDITIONING, INC. Bixby · 7 employees | $2.5M | 0.9 mi |
| FREEDOM PLUMBING HEAT AND AIR CONDITIONING INC Bixby · 7 employees | $2.5M | 0.9 mi |
| ONE WAY PLUMBING, LLC Tulsa · 7 employees | $2.1M | 1.3 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $776K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $604K |
| Estimate: the two combined (geometric mean) | $781K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $100K |
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 | $200K |
| Multiple for this size and industry | 2× |
| Value range | $105K – $274K |
| Revenue range | $514K – $890K |
| EBITDA range | $66K – $114K |
| 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
- BankingGrand 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
| Grand Bank PPP 2020 | All 407 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 | $18K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Banker Heating & Air, L.L.C.
Banker Heating & Air, L.L.C. is a plumbing, heating & air company in Bixby, Oklahoma. Its estimated annual revenue is about $781K, with roughly $100K of EBITDA. It has about 2 employees. Its estimated business value is $200K (likely range $105K–$274K).
Common questions
- Who owns Banker Heating & Air, L.L.C.?
- The owner of Banker Heating & Air, L.L.C. 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 Banker Heating & Air, L.L.C. make?
- SeeBITDA estimates Banker Heating & Air, L.L.C.'s annual revenue at about $781K (likely between $514K and $890K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Banker Heating & Air, L.L.C. worth?
- About $200K, roughly 2× its estimated EBITDA of $100K, typical for a plumbing, heating & air company its size. Likely range: $105K–$274K.
- How many employees does Banker Heating & Air, L.L.C. have?
- About 2, from its 2024 retirement-plan filing.