East-Co Rental Tools Inc
How we got $3.4M
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 21 years (since 2005)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▼ 13% 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 |
|---|---|---|
| EAST-CO RENTAL TOOLS INC this business | $2.4M | — |
| JOSE RAYGOZA Enid · 1 employees | $743K | 2.7 mi |
| DH VENTURES, INC. Enid | $6.0M | 3.3 mi |
| WW OIL TOOLS LLC Waukomis · 2 employees | $1.9M | 8.3 mi |
| CROWN OILFIELD RENTAL LLC Drummond · 1 employees | $415K | 12.0 mi |
| AMERICAN FIBERGLASS, LLC Lamont · 3 employees | $1.8M | 23.2 mi |
| SUNDOWN SERVICES LLC Cleo Springs · 2 employees | $1.5M | 34.4 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.4M |
| Estimate: the two combined (geometric mean) | $2.4M |
| EBITDA margin (industry, adjusted for size) | 37% |
| EBITDA = revenue × margin | $890K |
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 | $3.4M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.8M – $4.6M |
| Revenue range | $1.6M – $2.8M |
| EBITDA range | $585K – $1.0M |
| Industry (NAICS) | Other Commercial and Industrial Machinery and Equipment Rental and Leasing (532490) |
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. 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
- BankingCowboy 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 Roles are as stated there and may be out of date.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
| Cowboy Bank PPP 2020, PPP 2021 | All 286 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $62K | 5 |
| 2/11/2021 | second | $40K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About East-Co Rental Tools Inc
East-Co Rental Tools Inc is an other commercial and industrial machinery and equipment rental and leasing company in Enid, Oklahoma, in business since 2005. Its estimated annual revenue is about $2.4M, with roughly $890K of EBITDA. It has about 5 employees. Its estimated business value is $3.4M (likely range $1.8M–$4.6M).
Common questions
- Who owns East-Co Rental Tools Inc?
- The owner of East-Co Rental Tools 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 East-Co Rental Tools Inc make?
- SeeBITDA estimates East-Co Rental Tools Inc's annual revenue at about $2.4M (likely between $1.6M and $2.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is East-Co Rental Tools Inc worth?
- About $3.4M, roughly 3.8× its estimated EBITDA of $890K, typical for a other commercial and industrial machinery and equipment rental and leasing company its size. Likely range: $1.8M–$4.6M.
- How many employees does East-Co Rental Tools Inc have?
- About 5, as reported on its PPP loan.
- When was East-Co Rental Tools Inc founded?
- East-Co Rental Tools Inc has been in business since 2005.