Cornerstone Plumbing LLC
How we got $352K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 36% 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 |
|---|---|---|
| CORNERSTONE PLUMBING LLC this business | $1.5M | — |
| CHANEY MECHANICAL INC. Luther · 11 employees | $3.5M | 2.3 mi |
| JONES MECHANICAL LLC Arcadia | $1.8M | 3.8 mi |
| CR & SON'S ELECTRIC INC. Arcadia · 5 employees | $1.4M | 3.9 mi |
| AFFORDABLE PLUMBING BY JIM AND DAVE LLC Guthrie · 4 employees | $803K | 4.9 mi |
| REAL CRAFTSMEN CONTRACTING, INC Luther · 1 employees | $288K | 5.7 mi |
| THERMAL-KAT HEATING & AIR CONDITIONING, LLC Luther · 1 employees | $306K | 5.9 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.5M |
| Estimate: the two combined (geometric mean) | $1.5M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $176K |
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 | $352K |
| Multiple for this size and industry | 2× |
| Value range | $185K – $481K |
| Revenue range | $997K – $1.7M |
| EBITDA range | $116K – $201K |
| Industry (NAICS) | Plumbing, Heating, and Air-Conditioning Contractors (238220) |
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
- BankingMidFirst 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 Roles are as stated there and may be out of date.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
| MidFirst Bank PPP 2020, PPP 2021 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $48K | 5 |
| 1/28/2021 | second | $35K | 5 |
About Cornerstone Plumbing LLC
Cornerstone Plumbing LLC is a plumbing, heating & air company in Luther, Oklahoma. Its estimated annual revenue is about $1.5M, with roughly $176K of EBITDA. It has about 5 employees. Its estimated business value is $352K (likely range $185K–$481K).
Common questions
- Who owns Cornerstone Plumbing LLC?
- The owner of Cornerstone Plumbing 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 Cornerstone Plumbing LLC make?
- SeeBITDA estimates Cornerstone Plumbing LLC's annual revenue at about $1.5M (likely between $997K and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cornerstone Plumbing LLC worth?
- About $352K, roughly 2× its estimated EBITDA of $176K, typical for a plumbing, heating & air company its size. Likely range: $185K–$481K.
- How many employees does Cornerstone Plumbing LLC have?
- About 5, as reported on its PPP loan.