Bruce's Welding Service Inc
How we got $150K
Based on 1 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
Estimated value over time
▲ 18% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BRUCE'S WELDING SERVICE INC this business | $372K | — |
| WALDROPS ENGINE SERVICE COMPANY Woodward · 3 employees | $1.3M | 0.4 mi |
| Valve Tech Laboratory Inc Woodward | $1.8M | 0.7 mi |
| ELWYNS WELDING SERVICE INC Woodward · 5 employees | $1.6M | 0.9 mi |
| MIKE'S WELDING SERVICE LLC Woodward · 2 employees | $460K | 3.3 mi |
| TWINRIVERS WELDING INC Woodward · 2 employees | $488K | 6.4 mi |
| FABTECH WELDING SERVICES, LLC Woodward · 1 employees | $285K | 6.4 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Industry revenue per employee | $241K |
| Revenue = employees × revenue per employee | $372K |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $60K |
| Cross-check: revenue implied by PPP payroll | $103K |
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 | $150K |
| Multiple for this size and industry | 2.5× |
| Value range | $71K – $213K |
| Revenue range | $220K – $440K |
| EBITDA range | $36K – $71K |
| Industry (NAICS) | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (811310) |
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, 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
- BankingMidFirst 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 Roles are as stated there and may be out of date.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
| MidFirst Bank PPP 2020 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $3K | 1 |
About Bruce's Welding Service Inc
Bruce's Welding Service Inc is a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company in Woodward, Oklahoma. Its estimated annual revenue is about $372K, with roughly $60K of EBITDA. It has about 1 employees. Its estimated business value is $150K (likely range $71K–$213K).
Common questions
- Who owns Bruce's Welding Service Inc?
- The owner of Bruce's Welding Service 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 Bruce's Welding Service Inc make?
- SeeBITDA estimates Bruce's Welding Service Inc's annual revenue at about $372K (likely between $220K and $440K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bruce's Welding Service Inc worth?
- About $150K, roughly 2.5× its estimated EBITDA of $60K, typical for a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company its size. Likely range: $71K–$213K.
- How many employees does Bruce's Welding Service Inc have?
- About 1, as reported on its PPP loan.