Crimson Cutting Solutions
How we got $294K
Based on its 3 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 21 years (since 2005)
From public records and the company's website, not a statement that it's for sale.
What they do
Crimson Cutting Solutions is a Tulsa, OK company that offers waterjet flooring and architectural fabrication, working with architectural, design and contractor communities.
From the company's website. Industry: Plastics Plumbing Fixture Manufacturing.
Customers & suppliers
Customers
- Webber Fall High School · named on its website
- Dry Goods Store · named on its website
- Coweta Public Schools · named on its website
- Bixby Public Schools · named on its website
Estimated value over time
▲ 12% 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 |
|---|---|---|
| CRIMSON CUTTING SOLUTIONS this business | $663K | — |
| MARCO INDUSTRIES, INC. Tulsa · 122 employees | $42.0M | 1.0 mi |
| PLASTIC SUPPLY AND FABRICATION COMPANY Tulsa · 4 employees | $1.1M | 1.7 mi |
| WJLS INC. Tulsa · 23 employees | $5.7M | 2.2 mi |
| W J L S, INC. Tulsa · 22 employees | $10.8M | 2.2 mi |
| JARRT HOLDINGS, INC. Tulsa · 25 employees | $9.7M | 2.7 mi |
| WELLTEK TULSA, INC. Tulsa · 7 employees | $1.6M | 4.0 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $421K |
| Estimate: the two combined (geometric mean) | $663K |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $117K |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has fallen 10% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $294K |
| Multiple for this size and industry | 2.5× |
| Value range | $176K – $458K |
| Revenue range | $497K – $862K |
| EBITDA range | $88K – $153K |
| Industry (NAICS) | Plastics Plumbing Fixture Manufacturing (326191) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
“Crimson Cutting Solutions may be a new name but this Tulsa based company has been around since 2005.”
Advisors
- BankingTriad Bank, 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
| Triad Bank, National Association PPP 2020 | All 138 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $14K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Crimson Cutting Solutions
Crimson Cutting Solutions is a plastics plumbing fixture manufacturing company in Tulsa, Oklahoma, in business since 2005. Its estimated annual revenue is about $663K, with roughly $117K of EBITDA. It has about 3 employees. Its estimated business value is $294K (likely range $176K–$458K).
Common questions
- Who owns Crimson Cutting Solutions?
- The owner of Crimson Cutting Solutions 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 Crimson Cutting Solutions make?
- SeeBITDA estimates Crimson Cutting Solutions's annual revenue at about $663K (likely between $497K and $862K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Crimson Cutting Solutions worth?
- About $294K, roughly 2.5× its estimated EBITDA of $117K, typical for a plastics plumbing fixture manufacturing company its size. Likely range: $176K–$458K.
- How many employees does Crimson Cutting Solutions have?
- About 3, as reported on its PPP loan.
- When was Crimson Cutting Solutions founded?
- Crimson Cutting Solutions has been in business since 2005.