Divco, Inc.
- Chuck JarvisGeneral Manager / Vice President · Company website
- Jane Ann RamirezOffice Manager · Company website
- Marne GibbsShipping Manager · Company website
How we got $8.1M
Based on its 24 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 50 years (since 1976)
- Family in the business (Chuck Jarvis, General Manager / Vice President)
From public records and the company's website, not a statement that it's for sale.
What they do
DivCo, Inc. is a Native American owned business that repairs aircraft engine crankcases, serving aircraft owners and pilots. It states it has serviced crankcases for companies in 27 countries and six continents.
From the company's website. Industry: Aircraft Engine and Engine Parts Manufacturing.
Estimated value over time
▲ 34% 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 |
|---|---|---|
| DIVCO, INC. this business | $12.5M | — |
| RICK ROMANS INC Tulsa · 9 employees | $4.9M | 0.0 mi |
| PRECISION HOSE TECHNOLOGY, INC. Tulsa · 10 employees | $3.6M | 0.1 mi |
| BARRETT PRECISION ENGINES INC Tulsa · 7 employees | $3.8M | 0.1 mi |
| PRYER AEROSPACE, LLC Tulsa · 110 employees | $55.3M | 0.5 mi |
| Triumph Aerostructures Tulsa | $1.3M | 1.8 mi |
| Spirit Aerosystems Tulsa | $3.0M | 1.8 mi |
The full calculation
| Employees reported to the SBA | 24 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $12.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.7M |
| Estimate: the two combined (geometric mean) | $12.5M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $1.3M |
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 | $8.1M |
| Multiple for this size and industry | 6.3× |
| Value range | $4.3M – $11.1M |
| Revenue range | $8.2M – $14.3M |
| EBITDA range | $844K – $1.5M |
| Industry (NAICS) | Aircraft Engine and Engine Parts Manufacturing (336412) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingMabrey 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
| Mabrey Bank PPP 2020, PPP 2021 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $314K | 24 |
| 1/20/2021 | second | $150K | 24 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Divco, Inc.
Divco, Inc. is an aircraft engine and engine parts manufacturing company in Tulsa, Oklahoma, in business since 1976. It is owned by Sandy Jarvis (President). Its estimated annual revenue is about $12.5M, with roughly $1.3M of EBITDA. It has about 24 employees. Its estimated business value is $8.1M (likely range $4.3M–$11.1M).
Common questions
- Who owns Divco, Inc.?
- Divco, Inc. is owned by Sandy Jarvis (President), according to public sources such as the company's website or filings.
- How much revenue does Divco, Inc. make?
- SeeBITDA estimates Divco, Inc.'s annual revenue at about $12.5M (likely between $8.2M and $14.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Divco, Inc. worth?
- About $8.1M, roughly 6.3× its estimated EBITDA of $1.3M, typical for a aircraft engine and engine parts manufacturing company its size. Likely range: $4.3M–$11.1M.
- How many employees does Divco, Inc. have?
- About 24, as reported on its PPP loan.
- When was Divco, Inc. founded?
- Divco, Inc. has been in business since 1976.