Diversified Rubber Products, Inc.
How we got $5.0M
Based on its 17 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
Diversified Rubber Products, Inc. manufactures custom molded rubber and metal-bonded rubber products, with a focus on oilfield and other molded rubber needs.
From the company's website. Industry: Rubber and Plastics Hoses and Belting Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- EXPLORER PIPELINE COMPANY · Tulsa, 9 mi · $619.2M
- MID-CON ENERGY OPERATING, LLC · Tulsa, 8 mi · $467.7M
- SAMSON RESOURCES II OPCO, LLC · Tulsa, 5 mi · $326.7M
- BKG INDUSTRIES, LLC · Stigler, 79 mi · $318.2M
- SUPERIOR MIDSTREAM, LLC · Tulsa, 5 mi · $315.1M
Estimated value over time
▲ 27% 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 |
|---|---|---|
| DIVERSIFIED RUBBER PRODUCTS, INC. this business | $8.6M | — |
| CROWN PRODUCTS INC Tulsa · 37 employees | $16.6M | 5.7 mi |
| JOYEAUX INC Tulsa · 21 employees | $9.3M | 12.5 mi |
| MOLDED PRODUCTS, INCORPORATED Broken Arrow · 46 employees | $17.8M | 21.1 mi |
| E & C RETREADING, LLC Claremore · 1 employees | $342K | 26.1 mi |
The full calculation
| Employees reported to the SBA | 17 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.0M |
| Estimate: the two combined (geometric mean) | $8.6M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $1.1M |
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 | $5.0M |
| Multiple for this size and industry | 4.5× |
| Value range | $2.6M – $6.8M |
| Revenue range | $5.6M – $9.8M |
| EBITDA range | $726K – $1.3M |
| Industry (NAICS) | Rubber and Plastics Hoses and Belting Manufacturing (326220) |
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
People & advisors
“Diversified Rubber was founded in the early 1970’s and has been under the current ownership since 1991.”
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020, PPP 2021 | All 7,048 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 | $168K | 17 |
| 4/3/2021 | second | $121K | 13 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Diversified Rubber Products, Inc.
Diversified Rubber Products, Inc. is a rubber and plastics hoses and belting manufacturing company in Tulsa, Oklahoma, in business since 2001. Its estimated annual revenue is about $8.6M, with roughly $1.1M of EBITDA. It has about 17 employees. Its estimated business value is $5.0M (likely range $2.6M–$6.8M).
Common questions
- Who owns Diversified Rubber Products, Inc.?
- The owner of Diversified Rubber Products, 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 Diversified Rubber Products, Inc. make?
- SeeBITDA estimates Diversified Rubber Products, Inc.'s annual revenue at about $8.6M (likely between $5.6M and $9.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Diversified Rubber Products, Inc. worth?
- About $5.0M, roughly 4.5× its estimated EBITDA of $1.1M, typical for a rubber and plastics hoses and belting manufacturing company its size. Likely range: $2.6M–$6.8M.
- How many employees does Diversified Rubber Products, Inc. have?
- About 17, as reported on its PPP loan.
- When was Diversified Rubber Products, Inc. founded?
- Diversified Rubber Products, Inc. has been in business since 2001.