Convergence Combustion, Inc
How we got $358K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CONVERGENCE COMBUSTION, INC this business | $616K | — |
| BURNERCOM LLC Bixby · 1 employees | $530K | 0.0 mi |
| LUCID LABORATORY SERVICES, LLC Bixby · 7 employees | $1.8M | 0.8 mi |
| MONTGOMERY GROUP MARKETING Bixby · 2 employees | $641K | 0.9 mi |
| Baker Small Animal Clinic Bixby | $1.2M | 0.9 mi |
| CRESTWOOD CROSSING ANIMAL HOSPITAL LLC Tulsa · 4 employees | $796K | 1.1 mi |
| FUNDAMENTAL MANAGEMENT SOLUTIONS, LLC Bixby · 7 employees | $1.9M | 2.0 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $413K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $707K |
| Estimate: the two combined (geometric mean) | $616K |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $143K |
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 | $358K |
| Multiple for this size and industry | 2.5× |
| Value range | $188K – $490K |
| Revenue range | $405K – $703K |
| EBITDA range | $94K – $163K |
| Industry (NAICS) | All Other Professional, Scientific, and Technical Services (541990) |
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
- BankingProsperity 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 Roles are as stated there and may be out of date.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
| Prosperity Bank PPP 2020 | All 748 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/30/2020 | first | $21K | 1 |
About Convergence Combustion, Inc
Convergence Combustion, Inc is an all other professional, scientific, and technical services company in Bixby, Oklahoma. Its estimated annual revenue is about $616K, with roughly $143K of EBITDA. It has about 1 employees. Its estimated business value is $358K (likely range $188K–$490K).
Common questions
- Who owns Convergence Combustion, Inc?
- The owner of Convergence Combustion, Inc 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 Convergence Combustion, Inc make?
- SeeBITDA estimates Convergence Combustion, Inc's annual revenue at about $616K (likely between $405K and $703K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Convergence Combustion, Inc worth?
- About $358K, roughly 2.5× its estimated EBITDA of $143K, typical for a all other professional, scientific, and technical services company its size. Likely range: $188K–$490K.
- How many employees does Convergence Combustion, Inc have?
- About 1, as reported on its PPP loan.