Drennan Heat & Air Inc
How we got $239K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| DRENNAN HEAT & AIR INC this business | $931K | — |
| COOLING TOWER SPECIALISTS LLC Chickasha · 1 employees | $171K | 1.0 mi |
| Sunbelt Rentals Power & HVAC Chickasha | $3.7M | 1.3 mi |
| UNION HILL ELECTRIC, LLC Chickasha · 5 employees | $1.5M | 1.9 mi |
| VAN DYCK MECHANICAL LLC Chickasha · 14 employees | $4.1M | 2.0 mi |
| ELECTRICAL TECHNOLOGIES,INC Chickasha · 13 employees | $4.6M | 2.0 mi |
| ERSLAND STEAM & PLUMBING LLC Chickasha · 1 employees | $291K | 2.2 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $644K |
| Estimate: the two combined (geometric mean) | $931K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $119K |
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 | $239K |
| Multiple for this size and industry | 2× |
| Value range | $126K – $327K |
| Revenue range | $612K – $1.1M |
| EBITDA range | $79K – $136K |
| 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
History & advisors
Advisors
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020 | All 5,114 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 | $19K | 4 |
About Drennan Heat & Air Inc
Drennan Heat & Air Inc is a plumbing, heating & air company in Chickasha, Oklahoma. Its estimated annual revenue is about $931K, with roughly $119K of EBITDA. It has about 4 employees. Its estimated business value is $239K (likely range $126K–$327K).
Common questions
- Who owns Drennan Heat & Air Inc?
- The owner of Drennan Heat & Air 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 Drennan Heat & Air Inc make?
- SeeBITDA estimates Drennan Heat & Air Inc's annual revenue at about $931K (likely between $612K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Drennan Heat & Air Inc worth?
- About $239K, roughly 2× its estimated EBITDA of $119K, typical for a plumbing, heating & air company its size. Likely range: $126K–$327K.
- How many employees does Drennan Heat & Air Inc have?
- About 4, as reported on its PPP loan.