Duncan Bit Service, Inc.
How we got $827K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▼ 10% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| DUNCAN BIT SERVICE, INC. this business | $3.1M | — |
| MAGNESIUM HOLDINGS LLC Duncan · 3 employees | $3.4M | 5.5 mi |
| RIGHTWAY MANUFACTURING SOLUTIONS LLC Duncan · 26 employees | $22.7M | 5.5 mi |
| NEXSTAR INTEGRATION LLC Lawton · 1 employees | $1.2M | 23.2 mi |
| RRR INC Lawton · 14 employees | $7.2M | 24.1 mi |
| OKLAHOMA DESIGN TECHNOLOGIES LLC Lawton · 2 employees | $1.6M | 25.4 mi |
| MODERN EYES, LTD Lawton · 4 employees | $3.8M | 25.4 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.7M |
| Estimate: the two combined (geometric mean) | $3.1M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $285K |
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 | $827K |
| Multiple for this size and industry | 2.9× |
| Value range | $435K – $1.1M |
| Revenue range | $2.0M – $3.5M |
| EBITDA range | $188K – $325K |
| Industry (NAICS) | Other Commercial Equipment Merchant Wholesalers (423440) |
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
- BankingLegacy 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 Roles are as stated there and may be out of date.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
| Legacy Bank PPP 2020 | All 727 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 | $39K | 4 |
About Duncan Bit Service, Inc.
Duncan Bit Service, Inc. is an other commercial equipment merchant wholesalers company in Duncan, Oklahoma. Its estimated annual revenue is about $3.1M, with roughly $285K of EBITDA. It has about 4 employees. Its estimated business value is $827K (likely range $435K–$1.1M).
Common questions
- Who owns Duncan Bit Service, Inc.?
- The owner of Duncan Bit Service, 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 Duncan Bit Service, Inc. make?
- SeeBITDA estimates Duncan Bit Service, Inc.'s annual revenue at about $3.1M (likely between $2.0M and $3.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Duncan Bit Service, Inc. worth?
- About $827K, roughly 2.9× its estimated EBITDA of $285K, typical for a other commercial equipment merchant wholesalers company its size. Likely range: $435K–$1.1M.
- How many employees does Duncan Bit Service, Inc. have?
- About 4, as reported on its PPP loan.