Cymstar LLC
How we got $16.4M
Based on its 92 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 23 years (since 2003)
From public records and the company's website, not a statement that it's for sale.
What they do
CymSTAR LLC is a training systems integrator providing engineering, training services, and simulation products for the U.S. Armed Forces, allied nations, and aerospace industry.
From the company's website. Industry: Facilities Support Services.
Customers & suppliers
Customers
- Department of the Air Force · federal contracts $277.2M
- Department of the Navy · federal contracts $16.1M
- Department of the Army · federal contracts $1K
- Missile Defense Agency · federal contracts $500
- Defense Contract Management Agency · federal contracts $-1K
- U.S. Air Force · named on its website
- U.S. Marine Corps · named on its website
- U.S. Army · named on its website
- U.S. Air Force Test Pilot School · named on its website
Estimated value over time
▼ 6% 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
▲ 67% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 92 | $12.3M |
| 2020 | Form 5500 | 125 | $16.7M |
| 2021 | Form 5500 | 150 | $20.1M |
| 2022 | Form 5500 | 156 | $20.9M |
| 2023 | Form 5500 | 165 | $22.1M |
| 2024 | Form 5500 | 168 | $22.5M |
| 2025 | Form 5500 | 154 | $20.6M |
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 |
|---|---|---|
| CYMSTAR LLC this business | $33.9M | — |
| CABLE CLOAKING LLC Tulsa | $865K | 6.5 mi |
| WILLIAMS, PARTNERS & AFFILIATES, LTD Tulsa · 13 employees | $4.7M | 7.1 mi |
| R & D MAINTENANCE SERVICES, INC. Tulsa | $35.0M | 7.6 mi |
| MUSCOGEE BUSINESS SERVICES LLC. Okmulgee · 1 employees | $569K | 33.1 mi |
| TRIDENT FINANCIAL SERVICES, LLC Bartlesville · 2 employees | $966K | 46.7 mi |
The full calculation
| Employees reported to the SBA | 92 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $20.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $43.4M |
| Estimate: the two combined (geometric mean) | $33.9M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $3.0M |
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 | $16.4M |
| Multiple for this size and industry | 5.5× |
| Value range | $8.6M – $22.4M |
| Revenue range | $22.3M – $38.6M |
| EBITDA range | $2.0M – $3.4M |
| Industry (NAICS) | Facilities Support Services (561210) |
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, 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
Leadership
- GCGary CollinsSigned for the company · 2024 retirement-plan filing (Form 5500)
Advisors
- AccountingStotts, Archambo, Mueggenborg & BarAudits its 401(k) plan (2025 filing)
- BankingFirst Oklahoma 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
| First Oklahoma Bank PPP 2020 | All 695 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $1.9M | 92 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cymstar LLC
Cymstar LLC is a facilities support services company in Broken Arrow, Oklahoma, in business since 2003. Its estimated annual revenue is about $33.9M, with roughly $3.0M of EBITDA. It has about 154 employees. Its estimated business value is $16.4M (likely range $8.6M–$22.4M).
Common questions
- Who owns Cymstar LLC?
- The owner of Cymstar 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 Cymstar LLC make?
- SeeBITDA estimates Cymstar LLC's annual revenue at about $33.9M (likely between $22.3M and $38.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cymstar LLC worth?
- About $16.4M, roughly 5.5× its estimated EBITDA of $3.0M, typical for a facilities support services company its size. Likely range: $8.6M–$22.4M.
- How many employees does Cymstar LLC have?
- About 154, from its 2025 retirement-plan filing.
- When was Cymstar LLC founded?
- Cymstar LLC has been in business since 2003.