Cushing Truss Manufacturing, Inc
How we got $2.0M
Based on its 6 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 25 years (since 2001)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Cushing Truss Mfg. is a truss manufacturer in Yale, OK, offering wood and light gauge metal trusses, with a stated legacy of strength and craftsmanship since 1977.
From the company's website. Industry: Veneer, Plywood, and Engineered Wood Product Manufacturing.
Estimated value over time
▲ 48% 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 |
|---|---|---|
| CUSHING TRUSS MANUFACTURING, INC this business | $3.6M | — |
| BATTLERIDGE WOOD DESIGNS LLC Cushing · 6 employees | $1.6M | 9.6 mi |
| WILLIAMS MONUMENTS LLC Cushing · 3 employees | $863K | 10.4 mi |
| Gram's Embroidery Cushing | $951K | 10.6 mi |
| Melbre Southern Stitches Cushing | $951K | 11.0 mi |
| CROSSROADS CHEMICAL & CONSULTING, LLC Cushing · 3 employees | $1.8M | 12.1 mi |
| SUPER AIR METER LLC Glencoe · 2 employees | $1.2M | 12.6 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.9M |
| Estimate: the two combined (geometric mean) | $3.6M |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $531K |
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 | $2.0M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.1M – $2.8M |
| Revenue range | $2.3M – $4.1M |
| EBITDA range | $350K – $606K |
| Industry (NAICS) | Veneer, Plywood, and Engineered Wood Product Manufacturing (321214) |
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
People & advisors
“In 1998 ownership passed to the next generation as Harry Sneed III took the reins from his father.”
Leadership
- HSHarry Sneed Jr.Owner · Company website · source
Advisors
- BankingExchange Bank and Trust CompanyPPP / 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
| Exchange Bank and Trust Company PPP 2020 | All 217 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 7/14/2020 | first | $45K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cushing Truss Manufacturing, Inc
Cushing Truss Manufacturing, Inc is a veneer, plywood, and engineered wood product manufacturing company in Yale, Oklahoma, in business since 2001. It is owned by Harry Sneed III. Its estimated annual revenue is about $3.6M, with roughly $531K of EBITDA. It has about 6 employees. Its estimated business value is $2.0M (likely range $1.1M–$2.8M).
Common questions
- Who owns Cushing Truss Manufacturing, Inc?
- Cushing Truss Manufacturing, Inc is owned by Harry Sneed III, according to public sources such as the company's website or filings.
- How much revenue does Cushing Truss Manufacturing, Inc make?
- SeeBITDA estimates Cushing Truss Manufacturing, Inc's annual revenue at about $3.6M (likely between $2.3M and $4.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cushing Truss Manufacturing, Inc worth?
- About $2.0M, roughly 3.8× its estimated EBITDA of $531K, typical for a veneer, plywood, and engineered wood product manufacturing company its size. Likely range: $1.1M–$2.8M.
- How many employees does Cushing Truss Manufacturing, Inc have?
- About 6, as reported on its PPP loan.
- When was Cushing Truss Manufacturing, Inc founded?
- Cushing Truss Manufacturing, Inc has been in business since 2001.