Challenger Technologies Inc.
How we got $2.5M
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 32% 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 |
|---|---|---|
| CHALLENGER TECHNOLOGIES INC. this business | $5.7M | — |
| CENTRAL OKLAHOMA RADIATION ONCOLOGY, P.C. Tulsa · 1 employees | $1.2M | 3.5 mi |
| LIQUID METER CALIBRATION CO., INC. Tulsa · 1 employees | $462K | 5.5 mi |
| INDUSTRIAL VEHICLES INTERNATIONAL, INC. Tulsa · 7 employees | $2.9M | 7.7 mi |
| 2056 COMPANY INC Tulsa · 6 employees | $1.8M | 7.7 mi |
| EASTECH FLOW CONTROLS, INC Tulsa · 10 employees | $4.4M | 9.1 mi |
| MCCOLLOUGH ENTERPRISES Jenks · 26 employees | $9.8M | 10.2 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.3M |
| Estimate: the two combined (geometric mean) | $5.7M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $648K |
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 | $2.5M |
| Multiple for this size and industry | 3.9× |
| Value range | $1.3M – $3.5M |
| Revenue range | $3.7M – $6.5M |
| EBITDA range | $426K – $739K |
| Industry (NAICS) | Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals (334515) |
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
People & advisors
Advisors
- BankingTriad Bank, National Association, Grand 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 Roles are as stated there and may be out of date.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
| Grand Bank PPP 2021 | All 407 borrowers → |
| Triad Bank, National Association PPP 2020 | All 138 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $195K | 10 |
| 2/6/2021 | second | $195K | 10 |
About Challenger Technologies Inc.
Challenger Technologies Inc. is an instrument manufacturing for measuring and testing electricity and electrical signals company in Tulsa, Oklahoma. Its estimated annual revenue is about $5.7M, with roughly $648K of EBITDA. It has about 10 employees. Its estimated business value is $2.5M (likely range $1.3M–$3.5M).
Common questions
- Who owns Challenger Technologies Inc.?
- The owner of Challenger Technologies 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 Challenger Technologies Inc. make?
- SeeBITDA estimates Challenger Technologies Inc.'s annual revenue at about $5.7M (likely between $3.7M and $6.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Challenger Technologies Inc. worth?
- About $2.5M, roughly 3.9× its estimated EBITDA of $648K, typical for a instrument manufacturing for measuring and testing electricity and electrical signals company its size. Likely range: $1.3M–$3.5M.
- How many employees does Challenger Technologies Inc. have?
- About 10, as reported on its PPP loan.