Bergey Windpower Co. LLC
- Karl BergeyPast Chairman & CEO · Company website
How we got $3.7M
Based on its 18 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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
▼ 11% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 18 | $7.1M |
| 2020 | Form 5500 | 7 | $2.7M |
| 2021 | Form 5500 | 8 | $3.1M |
| 2022 | Form 5500 | 10 | $3.9M |
| 2023 | Form 5500 | 13 | $5.1M |
| 2024 | Form 5500 | 16 | $6.3M |
| 2025 | Form 5500 | 16 | $6.3M |
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.
What we know
Signs of a sale Unlikely to sell soon
- In business 31 years (since 1995)
- Family in the business (Karl Bergey, Past Chairman & CEO)
From public records and the company's website, not a statement that it's for sale.
What they do
Bergey Windpower Co. makes small wind turbines for homes, farms, and small businesses, including grid-tied and off-grid systems. It also offers remote power solutions for projects around the globe.
From the company's website. Industry: Turbine and Turbine Generator Set Units Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- BENNETT CONSTRUCTION, INC. · Oklahoma City, 20 mi · $791.1M
- H.C. EMPLOYEES LLC · Moore, 7 mi · $196.4M
- FUENTES CONCRETE CONSTRUCTION · Edmond, 33 mi · $177.4M
- IDEAL HOMES OF NORMAN, LP · Norman, 1 mi · $163.9M
- TABER BUILT HOMES, LLC · Oklahoma City, 25 mi · $135.1M
- LAZY J ARENA, LLC · Stillwater, 58 mi · $30.7M
- FIRE LEAF ENTERPRISES LLC · Oklahoma City, 15 mi · $30.1M
- EXPRESS RANCHES INC · Yukon, 27 mi · $18.0M
- CASTLE ROCK HEF, LLC · Oklahoma City, 25 mi · $10.7M
- T-MAC FARMS FAMILY LIMITED PARTNERSHIP · Wayne, 26 mi · $9.9M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BERGEY WINDPOWER CO. LLC this business | $7.4M | — |
| LETS GO CNG LLC Oklahoma City · 7 employees | $2.9M | 13.4 mi |
| BOB BROOKS MOTOR COMPANY Oklahoma City · 98 employees | $56.8M | 16.1 mi |
| WILLIAMS ENGINE & EQUIPMENT CO Oklahoma City · 2 employees | $1.2M | 18.3 mi |
| Clutchco International Oklahoma City | $1.5M | 19.0 mi |
| ITOT INC. Shawnee · 1 employees | $857K | 24.2 mi |
| TIM'S ENGINE & COMPRESSOR LLC Tryon · 3 employees | $2.6M | 51.8 mi |
The full calculation
| Employees reported to the SBA | 18 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.7M |
| Estimate: the two combined (geometric mean) | $7.4M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $941K |
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 | $3.7M |
| Multiple for this size and industry | 3.9× |
| Value range | $1.9M – $5.0M |
| Revenue range | $4.9M – $8.4M |
| EBITDA range | $619K – $1.1M |
| Industry (NAICS) | Turbine and Turbine Generator Set Units Manufacturing (333611) |
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
- BankingBOKF, National Association, First United Bank and Trust CompanyPPP / 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
| BOKF, National Association PPP 2020, PPP 2021 | All 2,399 borrowers → |
| First United Bank and Trust Company 7(a) 2025 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/12/2020 | first | $183K | 18 |
| 1/26/2021 | second | $188K | 18 |
Public records
| Apr 2025 | 7(a) | $500K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Bergey Windpower Co. LLC
Bergey Windpower Co. LLC is a turbine and turbine generator set units manufacturing company in Norman, Oklahoma, in business since 1995. It is owned by Mike Bergey (President). Its estimated annual revenue is about $7.4M, with roughly $941K of EBITDA. It has about 16 employees. Its estimated business value is $3.7M (likely range $1.9M–$5.0M).
Common questions
- Who owns Bergey Windpower Co. LLC?
- Bergey Windpower Co. LLC is owned by Mike Bergey (President), according to public sources such as the company's website or filings.
- How much revenue does Bergey Windpower Co. LLC make?
- SeeBITDA estimates Bergey Windpower Co. LLC's annual revenue at about $7.4M (likely between $4.9M and $8.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bergey Windpower Co. LLC worth?
- About $3.7M, roughly 3.9× its estimated EBITDA of $941K, typical for a turbine and turbine generator set units manufacturing company its size. Likely range: $1.9M–$5.0M.
- How many employees does Bergey Windpower Co. LLC have?
- About 16, from its 2025 retirement-plan filing.
- When was Bergey Windpower Co. LLC founded?
- Bergey Windpower Co. LLC has been in business since 1995.