Chromium Plating Co
How we got $2.8M
Based on its 25 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- Headcount down 29% since 2020 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 0% 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
▼ 60% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 25 | $2.8M |
| 2020 | Form 5500 | 14 | $1.6M |
| 2021 | Form 5500 | 12 | $1.3M |
| 2022 | Form 5500 | 10 | $1.1M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CHROMIUM PLATING CO this business | $5.5M | — |
| CHRONIUM PLATING COMPANY Tulsa · 16 employees | $3.6M | 0.0 mi |
| ZENTECH LLC Tulsa · 12 employees | $4.0M | 1.0 mi |
| EMG ONE, LLC Tulsa · 16 employees | $4.3M | 1.1 mi |
| ABC COATING COMPANY, INC. Tulsa · 46 employees | $12.3M | 2.2 mi |
| Universal Sandblasting & Coating, Inc. Tulsa | $3.1M | 3.2 mi |
| TRANSTRADE, LLC Tulsa · 3 employees | $991K | 4.2 mi |
The full calculation
| Employees reported to the SBA | 25 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.0M |
| Estimate: the two combined (geometric mean) | $5.5M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $719K |
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 | $2.8M |
| Multiple for this size and industry | 3.9× |
| Value range | $1.5M – $3.8M |
| Revenue range | $3.6M – $6.3M |
| EBITDA range | $473K – $820K |
| Industry (NAICS) | Electroplating, Plating, Polishing, Anodizing, and Coloring (332813) |
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
- BankingBOKF, National Association, SpiritBankPPP / 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
| BOKF, National Association PPP 2020 | All 2,399 borrowers → |
| SpiritBank 7(a) 2023 | All 369 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/12/2020 | first | $258K | 25 |
Public records
| Sep 2023 | 7(a) | $3.1M |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Chromium Plating Co
Chromium Plating Co is an electroplating, plating, polishing, anodizing, and coloring company in Tulsa, Oklahoma. Its estimated annual revenue is about $5.5M, with roughly $719K of EBITDA. It has about 10 employees. Its estimated business value is $2.8M (likely range $1.5M–$3.8M).
Common questions
- Who owns Chromium Plating Co?
- The owner of Chromium Plating Co 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 Chromium Plating Co make?
- SeeBITDA estimates Chromium Plating Co's annual revenue at about $5.5M (likely between $3.6M and $6.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Chromium Plating Co worth?
- About $2.8M, roughly 3.9× its estimated EBITDA of $719K, typical for a electroplating, plating, polishing, anodizing, and coloring company its size. Likely range: $1.5M–$3.8M.
- How many employees does Chromium Plating Co have?
- About 10, from its 2022 retirement-plan filing.