Eastern Manufacturing, Inc.
How we got $6.1M
Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| EASTERN MANUFACTURING, INC. this business | $10.1M | — |
| J & J PRODUCTS LLC Muskogee · 1 employees | $618K | 12.1 mi |
| ZEECO, INC Broken Arrow · 500 employees | $519.3M | 16.2 mi |
| MORRIS OILFIELD SUPPLY, INC Morris · 6 employees | $4.4M | 17.2 mi |
| BENNETT AND SONS MACHINE & SUP Muskogee · 10 employees | $5.2M | 18.3 mi |
| KING VALVE COMPANY, LLC Broken Arrow · 23 employees | $14.3M | 19.1 mi |
| MIDWAY MACHINING COMPANY LLC Broken Arrow · 45 employees | $26.5M | 19.1 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $10.2M |
| Estimate: the two combined (geometric mean) | $10.1M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $1.3M |
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 | $6.1M |
| Multiple for this size and industry | 4.7× |
| Value range | $3.2M – $8.3M |
| Revenue range | $6.7M – $11.6M |
| EBITDA range | $848K – $1.5M |
| Industry (NAICS) | Oil and Gas Field Machinery and Equipment Manufacturing (333132) |
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
- 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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 4/4/2020 | first | $206K | 13 |
| 3/8/2021 | second | $137K | 13 |
About Eastern Manufacturing, Inc.
Eastern Manufacturing, Inc. is an oil and gas field machinery and equipment manufacturing company in Haskell, Oklahoma. Its estimated annual revenue is about $10.1M, with roughly $1.3M of EBITDA. It has about 13 employees. Its estimated business value is $6.1M (likely range $3.2M–$8.3M).
Common questions
- Who owns Eastern Manufacturing, Inc.?
- The owner of Eastern Manufacturing, 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 Eastern Manufacturing, Inc. make?
- SeeBITDA estimates Eastern Manufacturing, Inc.'s annual revenue at about $10.1M (likely between $6.7M and $11.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Eastern Manufacturing, Inc. worth?
- About $6.1M, roughly 4.7× its estimated EBITDA of $1.3M, typical for a oil and gas field machinery and equipment manufacturing company its size. Likely range: $3.2M–$8.3M.
- How many employees does Eastern Manufacturing, Inc. have?
- About 13, as reported on its PPP loan.