E.t. Mechanical LLC
- Tom BierschwaleCo-founder and former partner; sold his share in 1993 · Company website
- Kelli SheneSigns company filings · Form 5500 (2020)
How we got $1.6M
Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 2% 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.
Employees over time
▼ 64% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 11 | $2.7M |
| 2020 | Form 5500 | 4 | $989K |
| 2021 | Form 5500 | 4 | $989K |
| 2022 | Form 5500 | 4 | $989K |
| 2023 | Form 5500 | 4 | $989K |
| 2024 | Form 5500 | 4 | $989K |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
Signs of a sale Likely to sell
- In business 40 years (since 1986)
- 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
E.T. Mechanical is an FAA Part 145 repair station in Bethany, OK that provides general and corporate aviation maintenance, repairs, battery and power supply services, and non-destructive testing for aircraft owners and operators.
From the company's website. Industry: Other Support Activities for Air Transportation.
Customers & suppliers
Customers
- Touchdown Aviation LLC · named on its website
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| E.T. MECHANICAL LLC this business | $4.2M | — |
| ASSOCIATED AERO SERVICE, INC. Bethany · 9 employees | $3.5M | 0.1 mi |
| CAPITAL AVIATION, INC Bethany · 50 employees | $21.8M | 0.1 mi |
| JET STREAM DETAILING LLC Bethany · 2 employees | $653K | 0.2 mi |
| STARLINE INC. Bethany · 9 employees | $3.7M | 0.3 mi |
| TURBINE AIRCRAFT SERVICES LLC Bethany · 11 employees | $4.2M | 0.4 mi |
| AK STRUCTURES LLC Bethany · 12 employees | $5.0M | 0.6 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.0M |
| Estimate: the two combined (geometric mean) | $4.2M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $496K |
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 | $1.6M |
| Multiple for this size and industry | 3.2× |
| Value range | $835K – $2.2M |
| Revenue range | $2.8M – $4.8M |
| EBITDA range | $326K – $565K |
| Industry (NAICS) | Other Support Activities for Air Transportation (488190) |
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
“Out of these layoffs, a new company was born in 1986.”
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $149K | 11 |
| 3/3/2021 | second | $149K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About E.t. Mechanical LLC
E.t. Mechanical LLC is an other support activities for air transportation company in Bethany, Oklahoma, in business since 1986. It is owned by Ed Schwartz. Its estimated annual revenue is about $4.2M, with roughly $496K of EBITDA. It has about 4 employees. Its estimated business value is $1.6M (likely range $835K–$2.2M).
Common questions
- Who owns E.t. Mechanical LLC?
- E.t. Mechanical LLC is owned by Ed Schwartz, according to public sources such as the company's website or filings.
- How much revenue does E.t. Mechanical LLC make?
- SeeBITDA estimates E.t. Mechanical LLC's annual revenue at about $4.2M (likely between $2.8M and $4.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is E.t. Mechanical LLC worth?
- About $1.6M, roughly 3.2× its estimated EBITDA of $496K, typical for a other support activities for air transportation company its size. Likely range: $835K–$2.2M.
- How many employees does E.t. Mechanical LLC have?
- About 4, from its 2024 retirement-plan filing.
- When was E.t. Mechanical LLC founded?
- E.t. Mechanical LLC has been in business since 1986.
- Is E.t. Mechanical LLC for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 40 years (since 1986); no family successor named on its website.