Crown Products Inc
How we got $11.7M
Based on its 37 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 28 years (since 1998)
From public records and the company's website, not a statement that it's for sale.
What they do
Crown Products, Inc. is a Tulsa, OK business that sells hydraulic seals, gaskets, filters, oilfield seals, heaters and tools to industrial and aviation fuel customers in Oklahoma, Texas and Kansas.
From the company's website. Industry: Rubber Product Manufacturing for Mechanical Use.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- EXPLORER PIPELINE COMPANY · Tulsa, 4 mi · $619.2M
- MID-CON ENERGY OPERATING, LLC · Tulsa, 3 mi · $467.7M
- SAMSON RESOURCES II OPCO, LLC · Tulsa, 4 mi · $326.7M
- BKG INDUSTRIES, LLC · Stigler, 73 mi · $318.2M
- SUPERIOR MIDSTREAM, LLC · Tulsa, 5 mi · $315.1M
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
▼ 19% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 37 | $9.7M |
| 2020 | Form 5500 | 31 | $8.1M |
| 2021 | Form 5500 | 30 | $7.9M |
| 2022 | Form 5500 | 27 | $7.1M |
| 2023 | Form 5500 | 28 | $7.3M |
| 2024 | Form 5500 | 30 | $7.9M |
| 2025 | Form 5500 | 30 | $7.9M |
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 |
|---|---|---|
| CROWN PRODUCTS INC this business | $16.6M | — |
| DIVERSIFIED RUBBER PRODUCTS, INC. Tulsa · 17 employees | $8.6M | 5.7 mi |
| JOYEAUX INC Tulsa · 21 employees | $9.3M | 7.6 mi |
| MOLDED PRODUCTS, INCORPORATED Broken Arrow · 46 employees | $17.8M | 15.9 mi |
| E & C RETREADING, LLC Claremore · 1 employees | $342K | 24.2 mi |
The full calculation
| Employees reported to the SBA | 37 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $18.4M |
| Estimate: the two combined (geometric mean) | $16.6M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $2.1M |
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 | $11.7M |
| Multiple for this size and industry | 5.5× |
| Value range | $6.2M – $16.0M |
| Revenue range | $10.9M – $18.9M |
| EBITDA range | $1.4M – $2.4M |
| Industry (NAICS) | Rubber Product Manufacturing for Mechanical Use (326291) |
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
- BankingMabrey 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
| Mabrey Bank PPP 2020, PPP 2021 | All 851 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 | $547K | 37 |
| 1/21/2021 | second | $547K | 37 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Crown Products Inc
Crown Products Inc is a rubber product manufacturing for mechanical use company in Tulsa, Oklahoma, in business since 1998. Its estimated annual revenue is about $16.6M, with roughly $2.1M of EBITDA. It has about 30 employees. Its estimated business value is $11.7M (likely range $6.2M–$16.0M).
Common questions
- Who owns Crown Products Inc?
- The owner of Crown Products 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 Crown Products Inc make?
- SeeBITDA estimates Crown Products Inc's annual revenue at about $16.6M (likely between $10.9M and $18.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Crown Products Inc worth?
- About $11.7M, roughly 5.5× its estimated EBITDA of $2.1M, typical for a rubber product manufacturing for mechanical use company its size. Likely range: $6.2M–$16.0M.
- How many employees does Crown Products Inc have?
- About 30, from its 2025 retirement-plan filing.
- When was Crown Products Inc founded?
- Crown Products Inc has been in business since 1998.