Elwyns Welding Service Inc
How we got $511K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 18% 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ELWYNS WELDING SERVICE INC this business | $1.6M | — |
| Valve Tech Laboratory Inc Woodward | $1.8M | 0.6 mi |
| WALDROPS ENGINE SERVICE COMPANY Woodward · 3 employees | $1.3M | 0.8 mi |
| BRUCE'S WELDING SERVICE INC Woodward · 1 employees | $372K | 0.9 mi |
| MIKE'S WELDING SERVICE LLC Woodward · 2 employees | $460K | 3.3 mi |
| TWINRIVERS WELDING INC Woodward · 2 employees | $488K | 6.0 mi |
| FABTECH WELDING SERVICES, LLC Woodward · 1 employees | $285K | 7.1 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.4M |
| Estimate: the two combined (geometric mean) | $1.6M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $204K |
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 | $511K |
| Multiple for this size and industry | 2.5× |
| Value range | $269K – $699K |
| Revenue range | $1.1M – $1.9M |
| EBITDA range | $134K – $233K |
| Industry (NAICS) | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (811310) |
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
- BankingMidFirst 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 Roles are as stated there and may be out of date.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
| MidFirst Bank PPP 2020 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $39K | 5 |
About Elwyns Welding Service Inc
Elwyns Welding Service Inc is a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company in Woodward, Oklahoma. Its estimated annual revenue is about $1.6M, with roughly $204K of EBITDA. It has about 5 employees. Its estimated business value is $511K (likely range $269K–$699K).
Common questions
- Who owns Elwyns Welding Service Inc?
- The owner of Elwyns Welding Service 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 Elwyns Welding Service Inc make?
- SeeBITDA estimates Elwyns Welding Service Inc's annual revenue at about $1.6M (likely between $1.1M and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Elwyns Welding Service Inc worth?
- About $511K, roughly 2.5× its estimated EBITDA of $204K, typical for a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company its size. Likely range: $269K–$699K.
- How many employees does Elwyns Welding Service Inc have?
- About 5, as reported on its PPP loan.