Downing Manufacturing Inc
How we got $322K
Based on 17 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
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.
Estimated value over time
▲ 26% 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 |
|---|---|---|
| DOWNING MANUFACTURING INC this business | $1.8M | — |
| Daylight Donuts Tulsa | $1.7M | 0.8 mi |
| Parrillas Mexican Grill - Sapulpa Sapulpa | $1.7M | 1.7 mi |
| Subway Sapulpa | $1.7M | 1.9 mi |
| RAMONA ENTERPRISES, INC Sapulpa · 2 employees | $294K | 1.9 mi |
| Flowers Discount Bakery Sapulpa | $1.7M | 1.9 mi |
| La Margarita Sapulpa | $1.7M | 1.9 mi |
The full calculation
| Employees reported to the SBA | 17 |
| Industry revenue per employee | $60K |
| Revenue = employees × revenue per employee | $1.8M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $179K |
| Cross-check: revenue implied by PPP payroll | $5.3M |
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 | $322K |
| Multiple for this size and industry | 1.8× |
| Value range | $153K – $458K |
| Revenue range | $1.1M – $2.1M |
| EBITDA range | $106K – $212K |
| Industry (NAICS) | Full-Service Restaurants (722511) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
History & advisors
Advisors
- BankingFirst United Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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 United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $200K | 17 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Downing Manufacturing Inc
Downing Manufacturing Inc is a restaurants company in Tulsa, Oklahoma, in business since 2002. Its estimated annual revenue is about $1.8M, with roughly $179K of EBITDA. It has about 17 employees. Its estimated business value is $322K (likely range $153K–$458K).
Common questions
- Who owns Downing Manufacturing Inc?
- The owner of Downing Manufacturing 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 Downing Manufacturing Inc make?
- SeeBITDA estimates Downing Manufacturing Inc's annual revenue at about $1.8M (likely between $1.1M and $2.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Downing Manufacturing Inc worth?
- About $322K, roughly 1.8× its estimated EBITDA of $179K, typical for a restaurants company its size. Likely range: $153K–$458K.
- How many employees does Downing Manufacturing Inc have?
- About 17, as reported on its PPP loan.
- When was Downing Manufacturing Inc founded?
- Downing Manufacturing Inc has been in business since 2002.