Barnes Welding LLC
How we got $532K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 72% 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 |
|---|---|---|
| BARNES WELDING LLC this business | $1.5M | — |
| MERRELL WELDS, LLC Weatherford · 1 employees | $437K | 26.7 mi |
| JIM'S WELDING SERVICE LLC Hennessey · 3 employees | $1.6M | 31.7 mi |
| TRANS-TECH LLC El Reno · 11 employees | $5.6M | 34.4 mi |
| H&H SPECIALTY WELDING LLC El Reno · 11 employees | $4.6M | 38.3 mi |
| DARRYL RUSSELL'S WELDING Yukon · 2 employees | $849K | 40.3 mi |
| MCCARTNEY WELDING LLC Lahoma · 42 employees | $14.1M | 41.7 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $768K |
| Estimate: the two combined (geometric mean) | $1.5M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $205K |
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 | $532K |
| Multiple for this size and industry | 2.6× |
| Value range | $280K – $728K |
| Revenue range | $966K – $1.7M |
| EBITDA range | $135K – $233K |
| Industry (NAICS) | Welding and Soldering Equipment Manufacturing (333992) |
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. 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
- BankingFirst State 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 Roles are as stated there and may be out of date.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
| First State Bank PPP 2020, PPP 2021 | All 268 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $21K | 6 |
| 1/17/2021 | second | $24K | 4 |
About Barnes Welding LLC
Barnes Welding LLC is a welding and soldering equipment manufacturing company in Watonga, Oklahoma. Its estimated annual revenue is about $1.5M, with roughly $205K of EBITDA. It has about 6 employees. Its estimated business value is $532K (likely range $280K–$728K).
Common questions
- Who owns Barnes Welding LLC?
- The owner of Barnes Welding 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 Barnes Welding LLC make?
- SeeBITDA estimates Barnes Welding LLC's annual revenue at about $1.5M (likely between $966K and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Barnes Welding LLC worth?
- About $532K, roughly 2.6× its estimated EBITDA of $205K, typical for a welding and soldering equipment manufacturing company its size. Likely range: $280K–$728K.
- How many employees does Barnes Welding LLC have?
- About 6, as reported on its PPP loan.