D S Herron Company, Inc
How we got $2.7M
Based on its 8 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 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
What they do
DS Herron Company Inc is a commercial HVAC supplier that stocks and sells HVAC supplies and equipment to the mechanical community, with locations in Tulsa, Oklahoma City and NW Arkansas. It also offers custom design solutions for industrial dust collection, ventilation, heating and HVLS fans.
From the company's website. Industry: Industrial Machinery and Equipment Merchant Wholesalers.
Customers & suppliers
Suppliers & brands
- MacroAir · brand it sells or installs
- Loren Cook · brand it sells or installs
- Acme Manufacturing · brand it sells or installs
- Air Concepts Inc · brand it sells or installs
- AJ Manufacturing · brand it sells or installs
- Captiveaire Systems · brand it sells or installs
- Dace Manufacturing · brand it sells or installs
- Dayus Register & Grilles · brand it sells or installs
- Denlar · brand it sells or installs
- Fantech Inc · brand it sells or installs
- Gripple Inc · brand it sells or installs
- Magne Grip · brand it sells or installs
- Markel Products · brand it sells or installs
- Metal Form · brand it sells or installs
- Metro Air Products · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- MCINTOSH CORPORATION · Tulsa, 8 mi · $105.6M
- AIRCO SERVICES INC · Tulsa, 10 mi · $88.4M
- PLATINUM MECHANICAL, LLC · Tulsa, 8 mi · $49.5M
- AIR ASSURANCE ACQUISITION CO · Broken Arrow, 12 mi · $39.9M
- OCE MECHANICAL LLC · Broken Arrow, 11 mi · $22.1M
Estimated value over time
▲ 2% 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 S HERRON COMPANY, INC this business | $8.9M | — |
| PAUL KING COMPANY Tulsa · 2 employees | $2.9M | 0.4 mi |
| LEE HOLDING COMPANY, LLC Tulsa · 47 employees | $50.7M | 0.6 mi |
| GARDNER SPRING INC Tulsa · 16 employees | $14.1M | 0.7 mi |
| THE UNLAUB CO. INC. Tulsa · 22 employees | $24.9M | 0.8 mi |
| VICTOR WELDING SUPPLY Tulsa · 43 employees | $36.9M | 1.2 mi |
| FILTREX SERVICE GROUP INC. Tulsa · 14 employees | $14.2M | 1.3 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.3M |
| Estimate: the two combined (geometric mean) | $8.9M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $745K |
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 | $2.7M |
| Multiple for this size and industry | 3.6× |
| Value range | $1.4M – $3.7M |
| Revenue range | $5.9M – $10.2M |
| EBITDA range | $490K – $849K |
| Industry (NAICS) | Industrial Machinery and Equipment Merchant Wholesalers (423830) |
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 | All 446 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $134K | 8 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About D S Herron Company, Inc
D S Herron Company, Inc is an industrial machinery and equipment merchant wholesalers company in Tulsa, Oklahoma, in business since 2002. Its estimated annual revenue is about $8.9M, with roughly $745K of EBITDA. It has about 8 employees. Its estimated business value is $2.7M (likely range $1.4M–$3.7M).
Common questions
- Who owns D S Herron Company, Inc?
- The owner of D S Herron Company, 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 D S Herron Company, Inc make?
- SeeBITDA estimates D S Herron Company, Inc's annual revenue at about $8.9M (likely between $5.9M and $10.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is D S Herron Company, Inc worth?
- About $2.7M, roughly 3.6× its estimated EBITDA of $745K, typical for a industrial machinery and equipment merchant wholesalers company its size. Likely range: $1.4M–$3.7M.
- How many employees does D S Herron Company, Inc have?
- About 8, as reported on its PPP loan.
- When was D S Herron Company, Inc founded?
- D S Herron Company, Inc has been in business since 2002.