Elite Manufacturing, L.L.C.
How we got $6.1M
Based on its 19 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 37% 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
What they do
Elite Manufacturing fabricates and welds structural steel products for the oil and gas, mining and quarry, and heat exchanger industries.
From the company's website. Industry: Iron and Steel Pipe and Tube Manufacturing from Purchased Steel.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- ONEOK, Inc. · Tulsa, 15 mi · $33.63B
- Helmerich & Payne · Tulsa, 15 mi · $3.75B
- EXPLORER PIPELINE COMPANY · Tulsa, 17 mi · $619.2M
- MID-CON ENERGY OPERATING, LLC · Tulsa, 16 mi · $468.0M
- SAMSON RESOURCES II OPCO, LLC · Tulsa, 15 mi · $326.9M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ELITE MANUFACTURING, L.L.C. this business | $15.7M | — |
| PRECISION METALS, LLC Tulsa · 7 employees | $7.3M | 6.1 mi |
| G&G FABRICATION & MACHINING CORPORATION Claremore · 7 employees | $4.0M | 8.5 mi |
| VENTAIRE LLC Tulsa · 37 employees | $56.7M | 13.1 mi |
| TFT, LLC Tulsa · 34 employees | $50.9M | 14.7 mi |
| ROSA OPERATING LLC Tulsa · 24 employees | $31.6M | 16.7 mi |
| STEELTEK, INC. Tulsa · 122 employees | $130.3M | 16.9 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $12.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $15.9M |
| Estimate: the two combined (geometric mean) | $15.7M |
| EBITDA margin (industry, adjusted for size) | 8% |
| 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 – $8.4M |
| Revenue range | $10.4M – $17.9M |
| EBITDA range | $855K – $1.5M |
| Industry (NAICS) | Iron and Steel Pipe and Tube Manufacturing from Purchased Steel (331210) |
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
- BankingFountainhead SBF LLCPPP / 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
| Fountainhead SBF LLC PPP 2020, PPP 2021 | All 33 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $218K | 19 |
| 1/29/2021 | second | $204K | 19 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Elite Manufacturing, L.L.C.
Elite Manufacturing, L.L.C. is an iron and steel pipe and tube manufacturing from purchased steel company in Catoosa, Oklahoma, in business since 2012. Its estimated annual revenue is about $15.7M, with roughly $1.3M of EBITDA. It has about 19 employees. Its estimated business value is $6.1M (likely range $3.2M–$8.4M).
Common questions
- Who owns Elite Manufacturing, L.L.C.?
- The owner of Elite Manufacturing, L.L.C. 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 Elite Manufacturing, L.L.C. make?
- SeeBITDA estimates Elite Manufacturing, L.L.C.'s annual revenue at about $15.7M (likely between $10.4M and $17.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Elite Manufacturing, L.L.C. worth?
- About $6.1M, roughly 4.7× its estimated EBITDA of $1.3M, typical for a iron and steel pipe and tube manufacturing from purchased steel company its size. Likely range: $3.2M–$8.4M.
- How many employees does Elite Manufacturing, L.L.C. have?
- About 19, as reported on its PPP loan.
- When was Elite Manufacturing, L.L.C. founded?
- Elite Manufacturing, L.L.C. has been in business since 2012.