Double Life Corporation Inc.
How we got $3.8M
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 Likely to sell
- In business 45 years (since 1981)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Double Life Corporation specializes in the design, manufacture, and distribution of solids control components and centrifugal pumps for drill rigs, and says it provides turn key services on mud systems for all sizes of drill rigs throughout the world.
From the company's website. Industry: Pump and Compressor Manufacturing.
Estimated value over time
▲ 20% 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 |
|---|---|---|
| DOUBLE LIFE CORPORATION INC. this business | $8.7M | — |
| INDUSTRIAL TRUCK EQUIPMENT, INC. Oklahoma City · 21 employees | $10.4M | 3.2 mi |
| LPM FORKLIFT SALES AND SERVICE, INC Bethany · 29 employees | $15.9M | 3.2 mi |
| ORIGIN RESOUCE GROUP HOLDINGS, LLC Oklahoma City · 8 employees | $7.2M | 3.3 mi |
| REVEILLE ENERGY INNOVATION, LLC Oklahoma City · 6 employees | $4.5M | 3.3 mi |
| 4-STAR TRAILERS INC Oklahoma City · 160 employees | $93.2M | 3.4 mi |
| HYDRAULIC EQUIPMENT COMPANY INC. Oklahoma City · 4 employees | $5.1M | 4.1 mi |
The full calculation
| Employees reported to the SBA | 14 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.6M |
| Estimate: the two combined (geometric mean) | $8.7M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $974K |
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 | $3.8M |
| Multiple for this size and industry | 3.9× |
| Value range | $2.0M – $5.2M |
| Revenue range | $5.7M – $9.9M |
| EBITDA range | $641K – $1.1M |
| Industry (NAICS) | Pump and Compressor Manufacturing (333911) |
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
“Since Incorporation in 1981, Double Life has been providing the industry with solutions to solids separation and solving pumping problems.”
Advisors
- BankingFirst Bethany Bank & TrustPPP / 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
| First Bethany Bank & Trust PPP 2020, PPP 2021 | All 186 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $197K | 14 |
| 1/16/2021 | second | $194K | 14 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Double Life Corporation Inc.
Double Life Corporation Inc. is a pump and compressor manufacturing company in Oklahoma City, Oklahoma, in business since 1981. It is owned by Les Banta. Its estimated annual revenue is about $8.7M, with roughly $974K of EBITDA. It has about 14 employees. Its estimated business value is $3.8M (likely range $2.0M–$5.2M).
Common questions
- Who owns Double Life Corporation Inc.?
- Double Life Corporation Inc. is owned by Les Banta, according to public sources such as the company's website or filings.
- How much revenue does Double Life Corporation Inc. make?
- SeeBITDA estimates Double Life Corporation Inc.'s annual revenue at about $8.7M (likely between $5.7M and $9.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Double Life Corporation Inc. worth?
- About $3.8M, roughly 3.9× its estimated EBITDA of $974K, typical for a pump and compressor manufacturing company its size. Likely range: $2.0M–$5.2M.
- How many employees does Double Life Corporation Inc. have?
- About 14, as reported on its PPP loan.
- When was Double Life Corporation Inc. founded?
- Double Life Corporation Inc. has been in business since 1981.
- Is Double Life Corporation Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 45 years (since 1981); no family successor named on its website.