C-Star Manufacturing, Inc.
How we got $2.7M
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 47% 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 |
|---|---|---|
| C-STAR MANUFACTURING, INC. this business | $5.3M | — |
| MAC MANUFACTURING, INC. Purcell · 5 employees | $2.3M | 16.9 mi |
| WARRIOR STEEL, LLC Norman · 12 employees | $4.1M | 19.9 mi |
| 5T INDUSTRIAL SPECIALTIES LLC Noble · 5 employees | $3.3M | 21.9 mi |
| CUSTOM SHEETMETAL, INCORPORATED Noble · 1 employees | $632K | 22.4 mi |
| NATURAL LIGHT SOURCE, LLC Newcastle · 7 employees | $3.3M | 23.2 mi |
| CRAWLER FAB WORKS, INC Chickasha · 4 employees | $1.5M | 23.4 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.2M |
| Estimate: the two combined (geometric mean) | $5.3M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $694K |
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 | $2.7M |
| Multiple for this size and industry | 3.9× |
| Value range | $1.4M – $3.7M |
| Revenue range | $3.5M – $6.1M |
| EBITDA range | $456K – $791K |
| Industry (NAICS) | Fabricated Structural Metal Manufacturing (332312) |
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
- BankingThe First National Bank of LindsayPPP / 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 Roles are as stated there and may be out of date.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
| The First National Bank of Lindsay PPP 2020, PPP 2021 | All 58 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $83K | 7 |
| 1/16/2021 | second | $79K | 8 |
About C-Star Manufacturing, Inc.
C-Star Manufacturing, Inc. is a fabricated structural metal manufacturing company in Lindsay, Oklahoma. Its estimated annual revenue is about $5.3M, with roughly $694K of EBITDA. It has about 8 employees. Its estimated business value is $2.7M (likely range $1.4M–$3.7M).
Common questions
- Who owns C-Star Manufacturing, Inc.?
- The owner of C-Star Manufacturing, 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-Star Manufacturing, Inc. make?
- SeeBITDA estimates C-Star Manufacturing, Inc.'s annual revenue at about $5.3M (likely between $3.5M and $6.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is C-Star Manufacturing, Inc. worth?
- About $2.7M, roughly 3.9× its estimated EBITDA of $694K, typical for a fabricated structural metal manufacturing company its size. Likely range: $1.4M–$3.7M.
- How many employees does C-Star Manufacturing, Inc. have?
- About 8, as reported on its PPP loan.