Bronco Manufacturing, LLC
How we got $20.0M
Based on its 42 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 46 years (since 1980)
From public records and the company's website, not a statement that it's for sale.
What they do
Bronco is a subsidiary of HMH that manufactures custom-engineered, aftermarket and replacement parts for drilling rigs, mainly serving the oil and gas industry, and also supplies other rig parts and supplies from its stocked inventory.
From the company's website. Industry: Oil and Gas Field Machinery and Equipment Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- EXPLORER PIPELINE COMPANY · Tulsa, 6 mi · $619.2M
- MID-CON ENERGY OPERATING, LLC · Tulsa, 5 mi · $467.6M
- SAMSON RESOURCES II OPCO, LLC · Tulsa, 5 mi · $326.6M
- BKG INDUSTRIES, LLC · Stigler, 75 mi · $318.2M
- SUPERIOR MIDSTREAM, LLC · Tulsa, 5 mi · $315.1M
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BRONCO MANUFACTURING, LLC this business | $33.1M | — |
| INDUSTRIAL FABRICATION SERVICES, LLC Tulsa · 18 employees | $10.8M | 2.8 mi |
| BIG ELK ENERGY SYSTEMS, LLC Tulsa · 80 employees | $67.5M | 2.9 mi |
| D&L MANUFACTURING, INC. Tulsa · 225 employees | $204.6M | 3.1 mi |
| PRO PIPING & FABRICATION LLC Tulsa · 18 employees | $11.8M | 3.2 mi |
| MIDWESTERN MANUFACTURING COMPANY Tulsa · 34 employees | $26.9M | 3.4 mi |
| SAWYER MANUFACTURING COMPANY Tulsa · 51 employees | $46.2M | 3.5 mi |
The full calculation
| Employees reported to the SBA | 42 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $29.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $28.3M |
| Estimate: the two combined (geometric mean) | $33.1M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $3.4M |
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 | $20.0M |
| Multiple for this size and industry | 5.8× |
| Value range | $10.5M – $27.4M |
| Revenue range | $21.8M – $37.7M |
| EBITDA range | $2.3M – $3.9M |
| Industry (NAICS) | Oil and Gas Field Machinery and Equipment Manufacturing (333132) |
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
Advisors
- BankingBOKF, National AssociationPPP / 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 → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $579K | 42 |
| 1/27/2021 | second | $479K | 31 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Bronco Manufacturing, LLC
Bronco Manufacturing, LLC is an oil and gas field machinery and equipment manufacturing company in Tulsa, Oklahoma, in business since 1980. Its estimated annual revenue is about $33.1M, with roughly $3.4M of EBITDA. It has about 42 employees. Its estimated business value is $20.0M (likely range $10.5M–$27.4M).
Common questions
- Who owns Bronco Manufacturing, LLC?
- The owner of Bronco Manufacturing, 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 Bronco Manufacturing, LLC make?
- SeeBITDA estimates Bronco Manufacturing, LLC's annual revenue at about $33.1M (likely between $21.8M and $37.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bronco Manufacturing, LLC worth?
- About $20.0M, roughly 5.8× its estimated EBITDA of $3.4M, typical for a oil and gas field machinery and equipment manufacturing company its size. Likely range: $10.5M–$27.4M.
- How many employees does Bronco Manufacturing, LLC have?
- About 42, as reported on its PPP loan.
- When was Bronco Manufacturing, LLC founded?
- Bronco Manufacturing, LLC has been in business since 1980.