Cisco-Eagle, Inc.
How we got $52.7M
Based on its 126 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 2% 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
▼ 5% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 126 | $97.1M |
| 2020 | Form 5500 | 115 | $88.7M |
| 2021 | Form 5500 | 113 | $87.1M |
| 2022 | Form 5500 | 121 | $93.3M |
| 2023 | Form 5500 | 127 | $97.9M |
| 2024 | Form 5500 | 120 | $92.5M |
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 |
|---|---|---|
| CISCO-EAGLE, INC. this business | $141.8M | — |
| INDEPENDENT TUBULAR CORP Tulsa · 4 employees | $5.3M | 0.2 mi |
| HILLARY MACHINERY, LLC Tulsa · 8 employees | $9.1M | 0.3 mi |
| STRAIGHTLINE DISTRIBUTING, LLC Tulsa · 7 employees | $5.4M | 0.3 mi |
| BPC INTERNATIONAL INC. Tulsa · 2 employees | $2.2M | 0.3 mi |
| EAGLE BOLT & SUPPLY, INC. Tulsa · 5 employees | $4.5M | 0.4 mi |
| M-TEC, LLC Tulsa · 4 employees | $3.1M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 126 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $118.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $130.4M |
| Estimate: the two combined (geometric mean) | $141.8M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $8.5M |
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 | $52.7M |
| Multiple for this size and industry | 6.2× |
| Value range | $27.8M – $72.2M |
| Revenue range | $93.2M – $161.6M |
| EBITDA range | $5.6M – $9.7M |
| Industry (NAICS) | Industrial Machinery and Equipment Merchant Wholesalers (423830) |
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
Leadership
- MMMorgan, Michael AlanAssistant Secretary and Controller · From a web search · source
- SWStevenrandell WilliamsSigned for the company · 2021 retirement-plan filing (Form 5500)
Advisors
- AccountingEide Bailly LLPAudits its 401(k) plan (2024 filing)
- BankingBOKF, National AssociationPPP / 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 → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $2.0M | 126 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cisco-Eagle, Inc.
Cisco-Eagle, Inc. is an industrial machinery and equipment merchant wholesalers company in Tulsa, Oklahoma. It is owned by Warren Gandall (Founder, Chairman and CEO). Its estimated annual revenue is about $141.8M, with roughly $8.5M of EBITDA. It has about 120 employees. Its estimated business value is $52.7M (likely range $27.8M–$72.2M).
Common questions
- Who owns Cisco-Eagle, Inc.?
- Cisco-Eagle, Inc. is owned by Warren Gandall (Founder, Chairman and CEO), according to public sources such as the company's website or filings.
- How much revenue does Cisco-Eagle, Inc. make?
- SeeBITDA estimates Cisco-Eagle, Inc.'s annual revenue at about $141.8M (likely between $93.2M and $161.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cisco-Eagle, Inc. worth?
- About $52.7M, roughly 6.2× its estimated EBITDA of $8.5M, typical for a industrial machinery and equipment merchant wholesalers company its size. Likely range: $27.8M–$72.2M.
- How many employees does Cisco-Eagle, Inc. have?
- About 120, from its 2024 retirement-plan filing.