Excell Products, Inc.
How we got $5.0M
Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 46% 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.
Employees over time
▼ 50% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 12 | $8.3M |
| 2020 | Form 5500 | 10 | $6.9M |
| 2021 | Form 5500 | 10 | $6.9M |
| 2022 | Form 5500 | 11 | $7.6M |
| 2023 | Form 5500 | 9 | $6.2M |
| 2024 | Form 5500 | 8 | $5.5M |
| 2025 | Form 5500 | 6 | $4.1M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
Signs of a sale Some signs of a sale
- In business 26 years (since 2000)
- Headcount down 45% since 2022 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| EXCELL PRODUCTS, INC. this business | $8.6M | — |
| GRACE FIBERGLASS & COMPOSITES, LLC Harrah · 2 employees | $1.0M | 6.9 mi |
| BAGS INC Oklahoma City · 57 employees | $35.2M | 10.2 mi |
| POLY FILMS, INC Oklahoma City · 17 employees | $9.3M | 10.2 mi |
| HITE PLASTICS INC Oklahoma City · 15 employees | $4.5M | 13.5 mi |
| Advanced Drainage Systems Oklahoma City | $2.0M | 14.0 mi |
| FAB SEAL INDUSTRIAL LINERS, IN Shawnee · 19 employees | $5.9M | 15.1 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.9M |
| Estimate: the two combined (geometric mean) | $8.6M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $1.1M |
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 | $5.0M |
| Multiple for this size and industry | 4.5× |
| Value range | $2.6M – $6.8M |
| Revenue range | $5.6M – $9.8M |
| EBITDA range | $725K – $1.3M |
| Industry (NAICS) | Plastics Pipe and Pipe Fitting Manufacturing (326122) |
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
History & 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 |
|---|---|---|---|
| 4/28/2020 | first | $119K | 12 |
| 3/20/2021 | second | $105K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Excell Products, Inc.
Excell Products, Inc. is a plastics pipe and pipe fitting manufacturing company in Choctaw, Oklahoma, in business since 2000. Its estimated annual revenue is about $8.6M, with roughly $1.1M of EBITDA. It has about 6 employees. Its estimated business value is $5.0M (likely range $2.6M–$6.8M).
Common questions
- Who owns Excell Products, Inc.?
- The owner of Excell Products, 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 Excell Products, Inc. make?
- SeeBITDA estimates Excell Products, Inc.'s annual revenue at about $8.6M (likely between $5.6M and $9.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Excell Products, Inc. worth?
- About $5.0M, roughly 4.5× its estimated EBITDA of $1.1M, typical for a plastics pipe and pipe fitting manufacturing company its size. Likely range: $2.6M–$6.8M.
- How many employees does Excell Products, Inc. have?
- About 6, from its 2025 retirement-plan filing.
- When was Excell Products, Inc. founded?
- Excell Products, Inc. has been in business since 2000.