Circle B Measurement & Fabrication, LLC
How we got $27.6M
Based on its 116 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
- In business 15 years (since 2011)
From public records and the company's website, not a statement that it's for sale.
What they do
Circle B Measurement & Fabrication is a supplier of energy infrastructure equipment for measurement and production, providing completed systems, technical expertise, parts and services. It serves the oil and gas, solar and renewable energy sectors.
From the company's website. Industry: Oil and Gas Pipeline and Related Structures Construction.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- EXPLORER PIPELINE COMPANY · Tulsa, 11 mi · $619.2M
- MID-CON ENERGY OPERATING, LLC · Tulsa, 10 mi · $467.7M
- SAMSON RESOURCES II OPCO, LLC · Tulsa, 10 mi · $326.7M
- BKG INDUSTRIES, LLC · Stigler, 72 mi · $318.2M
- SUPERIOR MIDSTREAM, LLC · Tulsa, 10 mi · $315.1M
Estimated value over time
▲ 4% 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 |
|---|---|---|
| CIRCLE B MEASUREMENT & FABRICATION, LLC this business | $57.6M | — |
| INDUSTRIAL PIPING SPECIALISTS INC. Tulsa · 421 employees | $199.4M | 0.6 mi |
| DMI INTERNATIONAL, INC. Tulsa · 80 employees | $56.5M | 1.0 mi |
| FORREST GROUP LTD Tulsa · 110 employees | $77.9M | 1.1 mi |
| MID AMERICA PIPELINE CONSTRUCTION, INC Tulsa · 219 employees | $112.1M | 1.5 mi |
| BR HEAVY CONSTRUCTION, LLC Tulsa | $25.2M | 1.5 mi |
| BRIGHT LIGHTING INC Tulsa · 50 employees | $21.2M | 1.8 mi |
The full calculation
| Employees reported to the SBA | 116 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $41.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $61.4M |
| Estimate: the two combined (geometric mean) | $57.6M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $5.6M |
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 | $27.6M |
| Multiple for this size and industry | 4.9× |
| Value range | $14.5M – $37.8M |
| Revenue range | $37.9M – $65.6M |
| EBITDA range | $3.7M – $6.4M |
| Industry (NAICS) | Oil and Gas Pipeline and Related Structures Construction (237120) |
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
- BankingAVB 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
| AVB Bank PPP 2020, PPP 2021 | All 309 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 | $2.4M | 116 |
| 2/16/2021 | second | $1.5M | 81 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Circle B Measurement & Fabrication, LLC
Circle B Measurement & Fabrication, LLC is an oil and gas pipeline and related structures construction company in Tulsa, Oklahoma, in business since 2011. Its estimated annual revenue is about $57.6M, with roughly $5.6M of EBITDA. It has about 116 employees. Its estimated business value is $27.6M (likely range $14.5M–$37.8M).
Common questions
- Who owns Circle B Measurement & Fabrication, LLC?
- The owner of Circle B Measurement & Fabrication, 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 Circle B Measurement & Fabrication, LLC make?
- SeeBITDA estimates Circle B Measurement & Fabrication, LLC's annual revenue at about $57.6M (likely between $37.9M and $65.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Circle B Measurement & Fabrication, LLC worth?
- About $27.6M, roughly 4.9× its estimated EBITDA of $5.6M, typical for a oil and gas pipeline and related structures construction company its size. Likely range: $14.5M–$37.8M.
- How many employees does Circle B Measurement & Fabrication, LLC have?
- About 116, as reported on its PPP loan.
- When was Circle B Measurement & Fabrication, LLC founded?
- Circle B Measurement & Fabrication, LLC has been in business since 2011.