Class Ten Industries
How we got $6.9M
Based on its 24 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 19 years (since 2007)
From public records and the company's website, not a statement that it's for sale.
What they do
Class Ten Industries is a manufacturer and supplier of finned tubing and specialty tube coils for heat transfer and heat exchanger applications. It also offers value-added products and services such as special packaging and inventory reduction strategies.
From the company's website. Industry: Other Metal Valve and Pipe Fitting Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- EXPLORER PIPELINE COMPANY · Tulsa, 39 mi · $619.2M
- MID-CON ENERGY OPERATING, LLC · Tulsa, 39 mi · $467.6M
- SAMSON RESOURCES II OPCO, LLC · Tulsa, 40 mi · $326.6M
- SUPERIOR MIDSTREAM, LLC · Tulsa, 40 mi · $315.1M
- NADEL AND GUSSMAN MANAGEMENT LLC · Tulsa, 40 mi · $246.6M
Estimated value over time
▼ 13% 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
▲ 0% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 24 | $9.1M |
| 2023 | Form 5500 | 16 | $6.1M |
| 2024 | Form 5500 | 24 | $9.1M |
| 2025 | Form 5500 | 24 | $9.1M |
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 |
|---|---|---|
| CLASS TEN INDUSTRIES this business | $12.7M | — |
| CADET MANUFACTURING, INC. Chouteau · 45 employees | $15.3M | 4.1 mi |
| JACKSON METAL RECYCLING LLC Claremore · 4 employees | $2.2M | 20.9 mi |
| JB METAL FAB LLC Catoosa · 5 employees | $1.6M | 21.0 mi |
| CIMCO INDUSTRIES LLC Big Cabin · 16 employees | $5.1M | 21.1 mi |
| R & S MANUFACTURING, INC. Catoosa · 10 employees | $4.0M | 24.5 mi |
| EADS COOLING SOLUTIONS, LLC Catoosa | $77.9M | 24.5 mi |
The full calculation
| Employees reported to the SBA | 24 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $10.8M |
| Estimate: the two combined (geometric mean) | $12.7M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.5M |
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 | $6.9M |
| Multiple for this size and industry | 4.7× |
| Value range | $3.6M – $9.4M |
| Revenue range | $8.4M – $14.5M |
| EBITDA range | $960K – $1.7M |
| Industry (NAICS) | Other Metal Valve and Pipe Fitting Manufacturing (332919) |
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
- BankingArvest 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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $259K | 24 |
| 1/21/2021 | second | $266K | 22 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Class Ten Industries
Class Ten Industries is an other metal valve and pipe fitting manufacturing company in Pryor, Oklahoma, in business since 2007. Its estimated annual revenue is about $12.7M, with roughly $1.5M of EBITDA. It has about 24 employees. Its estimated business value is $6.9M (likely range $3.6M–$9.4M).
Common questions
- Who owns Class Ten Industries?
- The owner of Class Ten Industries 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 Class Ten Industries make?
- SeeBITDA estimates Class Ten Industries's annual revenue at about $12.7M (likely between $8.4M and $14.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Class Ten Industries worth?
- About $6.9M, roughly 4.7× its estimated EBITDA of $1.5M, typical for a other metal valve and pipe fitting manufacturing company its size. Likely range: $3.6M–$9.4M.
- How many employees does Class Ten Industries have?
- About 24, from its 2025 retirement-plan filing.
- When was Class Ten Industries founded?
- Class Ten Industries has been in business since 2007.