C & L Supply Inc
How we got $41.2M
Based on its 143 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 59% 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
▼ 52% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 143 | $42.0M |
| 2020 | Form 5500 | 117 | $34.4M |
| 2021 | Form 5500 | 74 | $21.7M |
| 2022 | Form 5500 | 72 | $21.1M |
| 2023 | Form 5500 | 68 | $20.0M |
| 2024 | Form 5500 | 71 | $20.9M |
| 2025 | Form 5500 | 69 | $20.3M |
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 52 years (since 1974)
- Acquired by Munch's Supply
From public records and the company's website, not a statement that it's for sale.
Ownership & transactions
- Acquired by Munch's SupplyMunch's Supply acquired Oklahoma-based C&L Supply HVAC and Plumbing, according to a ZoomInfo listing; the announcement date is not stated.Source
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| C & L SUPPLY INC this business | $58.2M | — |
| Century Refrigeration Pryor | $2.0M | 27.9 mi |
| RAE CORPORATION Pryor · 355 employees | $146.2M | 27.9 mi |
| ACME MANUFACTURING CORP Claremore · 29 employees | $13.6M | 40.7 mi |
| Mistop Claremore | $3.0M | 40.7 mi |
| FIN-X,INC. Owasso · 20 employees | $8.1M | 46.5 mi |
| Clear Edge Filtration Tulsa | $1.3M | 47.8 mi |
The full calculation
| Employees reported to the SBA | 143 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $51.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $50.7M |
| Estimate: the two combined (geometric mean) | $58.2M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $6.1M |
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 | $41.2M |
| Multiple for this size and industry | 6.8× |
| Value range | $21.7M – $56.4M |
| Revenue range | $38.3M – $66.4M |
| EBITDA range | $4.0M – $6.9M |
| Industry (NAICS) | Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415) |
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
- AccountingCck Strategies, PLLCAudits its 401(k) plan (2021 filing)
- BankingArvest 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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $1.5M | 143 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About C & L Supply Inc
C & L Supply Inc is an air-conditioning and warm air heating equipment and commercial and industrial refrigeration equipment manufacturing company in Vinita, Oklahoma, in business since 1974. Its estimated annual revenue is about $58.2M, with roughly $6.1M of EBITDA. It has about 69 employees. Its estimated business value is $41.2M (likely range $21.7M–$56.4M).
Common questions
- Who owns C & L Supply Inc?
- The owner of C & L Supply 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 C & L Supply Inc make?
- SeeBITDA estimates C & L Supply Inc's annual revenue at about $58.2M (likely between $38.3M and $66.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is C & L Supply Inc worth?
- About $41.2M, roughly 6.8× its estimated EBITDA of $6.1M, typical for a air-conditioning and warm air heating equipment and commercial and industrial refrigeration equipment manufacturing company its size. Likely range: $21.7M–$56.4M.
- How many employees does C & L Supply Inc have?
- About 69, from its 2025 retirement-plan filing.
- When was C & L Supply Inc founded?
- C & L Supply Inc has been in business since 1974.