D & N Fabrication, Inc.
How we got $34.2M
Based on its 57 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)
From public records and the company's website, not a statement that it's for sale.
What they do
D & N Fabrication, Inc. offers fabrication services, using state-of-the-art equipment and high quality materials to deliver durable, cost-effective workmanship for project needs.
From the company's website. Industry: Fabricated Structural Metal Manufacturing.
Estimated value over time
▲ 47% 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 |
|---|---|---|
| D & N FABRICATION, INC. this business | $47.2M | — |
| AMRON ENTERPRISES, LLC Sapulpa · 4 employees | $2.7M | 1.1 mi |
| OK FAB AND MACHINING, LLC Tulsa · 25 employees | $19.0M | 3.0 mi |
| PRESCOR LLC Tulsa · 60 employees | $31.3M | 3.0 mi |
| S&S FABRICATIONS, LLC Tulsa · 4 employees | $1.5M | 4.3 mi |
| LASER SPECIALTIES, INC. Tulsa · 41 employees | $20.0M | 5.2 mi |
| PREMIER STEEL SERVICE, LLC Glenpool · 45 employees | $19.7M | 7.6 mi |
The full calculation
| Employees reported to the SBA | 57 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $39.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $43.9M |
| Estimate: the two combined (geometric mean) | $47.2M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $5.0M |
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 | $34.2M |
| Multiple for this size and industry | 6.8× |
| Value range | $18.0M – $46.8M |
| Revenue range | $31.1M – $53.8M |
| EBITDA range | $3.3M – $5.7M |
| Industry (NAICS) | Fabricated Structural Metal Manufacturing (332312) |
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
Advisors
- BankingAmerican Heritage 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
| American Heritage Bank PPP 2020, PPP 2021 | All 446 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $665K | 57 |
| 1/20/2021 | second | $665K | 55 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About D & N Fabrication, Inc.
D & N Fabrication, Inc. is a fabricated structural metal manufacturing company in Sapulpa, Oklahoma, in business since 2001. It is owned by Rick Daniels (Co-Owner). Its estimated annual revenue is about $47.2M, with roughly $5.0M of EBITDA. It has about 57 employees. Its estimated business value is $34.2M (likely range $18.0M–$46.8M).
Common questions
- Who owns D & N Fabrication, Inc.?
- D & N Fabrication, Inc. is owned by Rick Daniels (Co-Owner), according to public sources such as the company's website or filings.
- How much revenue does D & N Fabrication, Inc. make?
- SeeBITDA estimates D & N Fabrication, Inc.'s annual revenue at about $47.2M (likely between $31.1M and $53.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is D & N Fabrication, Inc. worth?
- About $34.2M, roughly 6.8× its estimated EBITDA of $5.0M, typical for a fabricated structural metal manufacturing company its size. Likely range: $18.0M–$46.8M.
- How many employees does D & N Fabrication, Inc. have?
- About 57, as reported on its PPP loan.
- When was D & N Fabrication, Inc. founded?
- D & N Fabrication, Inc. has been in business since 2001.