Durant Iron and Metal, Inc.
How we got $12.1M
Based on its 25 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 24% 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 |
|---|---|---|
| DURANT IRON AND METAL, INC. this business | $33.0M | — |
| JIMMIE'S AUTO SUPPLY, L.L.C. Durant · 10 employees | $8.1M | 0.2 mi |
| VALLES INC Durant · 9 employees | $13.2M | 0.3 mi |
| GENE'S TIRE SERVICE, INC. Durant · 7 employees | $5.5M | 0.4 mi |
| BRYAN COUNTY BUILDERS SUPPLY, INC Durant · 11 employees | $9.8M | 0.4 mi |
| Blue Rhino Propane Exchange Durant | $9.6M | 0.4 mi |
| THE SOUTHERN DRAWL BOUTIQUE Durant · 3 employees | $4.0M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 25 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $34.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $24.6M |
| Estimate: the two combined (geometric mean) | $33.0M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $2.3M |
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 | $12.1M |
| Multiple for this size and industry | 5.2× |
| Value range | $6.4M – $16.6M |
| Revenue range | $21.7M – $37.6M |
| EBITDA range | $1.5M – $2.7M |
| Industry (NAICS) | Metal Service Centers and Other Metal Merchant Wholesalers (423510) |
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
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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 4/9/2020 | first | $112K | 12 |
2 locations
| 10 W Locust | Durant | This listing |
| 11 W Locust St | Durant | View |
Revenue, profit and value are for the whole company.
About Durant Iron and Metal, Inc.
Durant Iron and Metal, Inc. is a metal service centers and other metal merchant wholesalers company in Durant, Oklahoma. Its estimated annual revenue is about $33.0M, with roughly $2.3M of EBITDA. It has about 25 employees. Its estimated business value is $12.1M (likely range $6.4M–$16.6M). It has 2 locations.
Common questions
- Who owns Durant Iron and Metal, Inc.?
- The owner of Durant Iron and Metal, 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 Durant Iron and Metal, Inc. make?
- SeeBITDA estimates Durant Iron and Metal, Inc.'s annual revenue at about $33.0M (likely between $21.7M and $37.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Durant Iron and Metal, Inc. worth?
- About $12.1M, roughly 5.2× its estimated EBITDA of $2.3M, typical for a metal service centers and other metal merchant wholesalers company its size. Likely range: $6.4M–$16.6M.
- How many employees does Durant Iron and Metal, Inc. have?
- About 25, as reported on its PPP loan.