Dependable Heat & Air
How we got $946K
Based on its 14 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 16 years (since 2010)
From public records and the company's website, not a statement that it's for sale.
What they do
Dependable Heat & Air is an HVAC company in Ada, Oklahoma offering heating, air conditioning, and air quality services with 24-hour support and 28 years of experience.
From the company's website. Industry: Plumbing, heating & air.
Customers & suppliers
Suppliers & brands
- American Standard · brand it sells or installs
- Energy Star · brand it sells or installs
- REME · brand it sells or installs
Estimated value over time
▲ 36% 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 |
|---|---|---|
| DEPENDABLE HEAT & AIR this business | $3.7M | — |
| OVERHEAD DOOR CO. OF ADA, INC. Ada · 14 employees | $4.3M | 0.4 mi |
| TODD ELECTRIC, INC Ada · 2 employees | $450K | 0.4 mi |
| A & R PLUMBING LLC Ada · 2 employees | $475K | 0.6 mi |
| M&J CONTRACTORS, L.L.C. Ada · 10 employees | $2.4M | 0.9 mi |
| ADVANCED HEATING & AIR OF ADA INC. Ada · 5 employees | $1.3M | 1.0 mi |
| JA-CO HEATING AND AIR LLC Ada · 4 employees | $875K | 1.0 mi |
The full calculation
| Employees reported to the SBA | 14 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.0M |
| Estimate: the two combined (geometric mean) | $3.7M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $394K |
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 | $946K |
| Multiple for this size and industry | 2.4× |
| Value range | $498K – $1.3M |
| Revenue range | $2.4M – $4.2M |
| EBITDA range | $259K – $449K |
| Industry (NAICS) | Plumbing, Heating, and Air-Conditioning Contractors (238220) |
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
- BankingVision 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
| Vision Bank PPP 2020 | All 487 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $102K | 14 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Dependable Heat & Air
Dependable Heat & Air is a plumbing, heating & air company in Ada, Oklahoma, in business since 2010. Its estimated annual revenue is about $3.7M, with roughly $394K of EBITDA. It has about 14 employees. Its estimated business value is $946K (likely range $498K–$1.3M).
Common questions
- Who owns Dependable Heat & Air?
- The owner of Dependable Heat & Air 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 Dependable Heat & Air make?
- SeeBITDA estimates Dependable Heat & Air's annual revenue at about $3.7M (likely between $2.4M and $4.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Dependable Heat & Air worth?
- About $946K, roughly 2.4× its estimated EBITDA of $394K, typical for a plumbing, heating & air company its size. Likely range: $498K–$1.3M.
- How many employees does Dependable Heat & Air have?
- About 14, as reported on its PPP loan.
- When was Dependable Heat & Air founded?
- Dependable Heat & Air has been in business since 2010.