Elite Piping Contractors, Inc
How we got $3.7M
Based on its 19 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 36% 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 Piping Contractors, Inc. is a Edmond, Oklahoma plumbing and piping contractor providing commercial plumbing, hydronic piping, and utility construction services for businesses, commercial, industrial, residential, and government clients across Oklahoma.
From the company's website. Industry: Plumbing, heating & air.
Customers & suppliers
Customers
- Perry Jr High & Athletic Center · named on its website
- Langston University Horticulture · named on its website
- Deer Creek Transition Center · named on its website
- Edmond Memorial Freshman Academy · named on its website
- Tuttle High School Fieldhouse & Football Stadium · named on its website
- Scissortail Elementary & Phase 2 · named on its website
- Knight Ridge Elementary- Deer Creek · named on its website
- Mustang Central Middle School · named on its website
- Canadian Valley Tech Center – Cowan Campus · named on its website
- Riverwood Elementary · named on its website
- Bethany Fire Station · named on its website
- Earlywine Family Aquatics · named on its website
- OKC Fire Station #21 and #23 · named on its website
- Consolidated Rental Car Facility · named on its website
- Sunshine Brewery · named on its website
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ELITE PIPING CONTRACTORS, INC this business | $5.8M | — |
| TED JENKS WATER WELL SERVICE, LLC Edmond · 4 employees | $1.2M | 0.3 mi |
| ALL AMERICAN ELECTRIC LLP Edmond · 19 employees | $5.8M | 0.4 mi |
| Air Care Clean Edmond | $1.9M | 0.5 mi |
| SPRINKLERWORKS LLC Edmond · 9 employees | $2.1M | 0.9 mi |
| CUSTOM INSTALLATIONS INC Edmond · 4 employees | $1.1M | 1.1 mi |
| Glazier Plumbing & Sprinkler Edmond | $1.9M | 1.6 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.3M |
| Estimate: the two combined (geometric mean) | $5.8M |
| EBITDA margin (industry, adjusted for size) | 17% |
| EBITDA = revenue × margin | $1.0M |
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 | $3.7M |
| Multiple for this size and industry | 3.6× |
| Value range | $1.6M – $5.3M |
| Revenue range | $3.8M – $6.6M |
| EBITDA range | $553K – $1.2M |
| Industry (NAICS) | Plumbing, Heating, and Air-Conditioning Contractors (238220) |
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
- BankingGreat Plains National 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
| Great Plains National Bank PPP 2020, PPP 2021 | All 1,112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $180K | 19 |
| 1/21/2021 | second | $203K | 16 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Elite Piping Contractors, Inc
Elite Piping Contractors, Inc is a plumbing, heating & air company in Edmond, Oklahoma, in business since 2012. Its estimated annual revenue is about $5.8M, with roughly $1.0M of EBITDA. It has about 19 employees. Its estimated business value is $3.7M (likely range $1.6M–$5.3M).
Common questions
- Who owns Elite Piping Contractors, Inc?
- The owner of Elite Piping Contractors, 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 Elite Piping Contractors, Inc make?
- SeeBITDA estimates Elite Piping Contractors, Inc's annual revenue at about $5.8M (likely between $3.8M and $6.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Elite Piping Contractors, Inc worth?
- About $3.7M, roughly 3.6× its estimated EBITDA of $1.0M, typical for a plumbing, heating & air company its size. Likely range: $1.6M–$5.3M.
- How many employees does Elite Piping Contractors, Inc have?
- About 19, as reported on its PPP loan.
- When was Elite Piping Contractors, Inc founded?
- Elite Piping Contractors, Inc has been in business since 2012.