Evans Welding LLC
How we got $1.5M
Based on its 9 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 15 years (since 2011)
From public records and the company's website, not a statement that it's for sale.
What they do
Evans Welding LLC in Duncan, OK offers fabrication, repair and metal sales, including welding for oilfield and other custom projects.
From the company's website. Industry: Welding and Soldering Equipment Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- ENERWEST TRADING CO LLC · Duncan, 2 mi · $169.1M
- TIERNEY TITLE LLC · Washington, 47 mi · $148.7M
- WASHITA VALLEY ENTERPRISES INC · Oklahoma City, 67 mi · $148.0M
- SUPERFLOW TESTERS, INC. · Lindsay, 30 mi · $143.9M
- HOSS DIRECTIONAL SERVICE, INC. · Norman, 57 mi · $128.8M
Estimated value over time
▲ 72% 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 |
|---|---|---|
| EVANS WELDING LLC this business | $3.7M | — |
| FERRELL WELDING LLC Duncan · 1 employees | $568K | 2.7 mi |
| PERKINS CONTRACT PUMPING LLC Ratliff City · 1 employees | $820K | 24.6 mi |
| HOGGARD'S WELDING AND BACKHOE SERVICE, INC. Ratliff City · 8 employees | $3.5M | 26.0 mi |
| CENTRAL WELDING & FABRICATION LLC Cement · 1 employees | $473K | 29.7 mi |
| SLT WELDING Chickasha · 1 employees | $371K | 35.1 mi |
| TEAL'S WELDING, INC Blanchard · 1 employees | $669K | 35.3 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.2M |
| Estimate: the two combined (geometric mean) | $3.7M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $468K |
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 | $1.5M |
| Multiple for this size and industry | 3.2× |
| Value range | $789K – $2.1M |
| Revenue range | $2.4M – $4.2M |
| EBITDA range | $308K – $534K |
| Industry (NAICS) | Welding and Soldering Equipment Manufacturing (333992) |
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
- BankingPeoples Bank and Trust CompanyPPP / 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
| Peoples Bank and Trust Company PPP 2020, PPP 2021 | All 320 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $86K | 9 |
| 1/28/2021 | second | $81K | 8 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Evans Welding LLC
Evans Welding LLC is a welding and soldering equipment manufacturing company in Duncan, Oklahoma, in business since 2011. Its estimated annual revenue is about $3.7M, with roughly $468K of EBITDA. It has about 9 employees. Its estimated business value is $1.5M (likely range $789K–$2.1M).
Common questions
- Who owns Evans Welding LLC?
- The owner of Evans Welding LLC 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 Evans Welding LLC make?
- SeeBITDA estimates Evans Welding LLC's annual revenue at about $3.7M (likely between $2.4M and $4.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Evans Welding LLC worth?
- About $1.5M, roughly 3.2× its estimated EBITDA of $468K, typical for a welding and soldering equipment manufacturing company its size. Likely range: $789K–$2.1M.
- How many employees does Evans Welding LLC have?
- About 9, as reported on its PPP loan.
- When was Evans Welding LLC founded?
- Evans Welding LLC has been in business since 2011.