Charles Mechanical LLC
How we got $136K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 36% 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 |
|---|---|---|
| CHARLES MECHANICAL LLC this business | $453K | — |
| DONS DOORS LLC Enid · 7 employees | $2.7M | 0.2 mi |
| MIDWEST REFRIGERATION, INC. Enid · 11 employees | $3.2M | 0.3 mi |
| LEE'S PLBG LLC Enid · 2 employees | $518K | 0.4 mi |
| DENNIS PLUMBING COMPANY Enid · 7 employees | $1.9M | 0.4 mi |
| SERVICE ELECTRIC OF ENID INC Enid · 2 employees | $584K | 0.4 mi |
| A-1 PLBG, HTG, A/C & SHEET METAL Enid · 5 employees | $1.4M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $517K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $305K |
| Estimate: the two combined (geometric mean) | $453K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $68K |
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 | $136K |
| Multiple for this size and industry | 2× |
| Value range | $72K – $186K |
| Revenue range | $298K – $516K |
| EBITDA range | $45K – $78K |
| Industry (NAICS) | Plumbing, Heating, and Air-Conditioning Contractors (238220) |
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
- BankingCowboy 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 Roles are as stated there and may be out of date.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
| Cowboy Bank PPP 2020, PPP 2021 | All 286 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 | $9K | 2 |
| 1/16/2021 | second | $11K | 2 |
About Charles Mechanical LLC
Charles Mechanical LLC is a plumbing, heating & air company in Enid, Oklahoma. Its estimated annual revenue is about $453K, with roughly $68K of EBITDA. It has about 2 employees. Its estimated business value is $136K (likely range $72K–$186K).
Common questions
- Who owns Charles Mechanical LLC?
- The owner of Charles Mechanical 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 Charles Mechanical LLC make?
- SeeBITDA estimates Charles Mechanical LLC's annual revenue at about $453K (likely between $298K and $516K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Charles Mechanical LLC worth?
- About $136K, roughly 2× its estimated EBITDA of $68K, typical for a plumbing, heating & air company its size. Likely range: $72K–$186K.
- How many employees does Charles Mechanical LLC have?
- About 2, as reported on its PPP loan.