Fammco Mfg. Co., Inc.
How we got $9.0M
Based on its 22 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▼ 13% 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 |
|---|---|---|
| FAMMCO MFG. CO., INC. this business | $17.2M | — |
| DESIGN & MFG INC Tulsa · 2 employees | $1.2M | 0.5 mi |
| DIECO MANUFACTURING INC Tulsa · 38 employees | $30.2M | 1.0 mi |
| 1ST CHOICE OF TULSA, INC Catoosa · 5 employees | $2.3M | 1.8 mi |
| TULSA NEW HOLLAND, INC. Tulsa · 26 employees | $15.9M | 3.4 mi |
| BORETS U.S., INC. Tulsa · 187 employees | $162.5M | 3.9 mi |
| BROWNCO MANUFACTURING AND SALES LLC Tulsa · 13 employees | $8.0M | 4.3 mi |
The full calculation
| Employees reported to the SBA | 22 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $15.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $14.6M |
| Estimate: the two combined (geometric mean) | $17.2M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.9M |
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 | $9.0M |
| Multiple for this size and industry | 4.7× |
| Value range | $4.8M – $12.4M |
| Revenue range | $11.3M – $19.6M |
| EBITDA range | $1.3M – $2.2M |
| Industry (NAICS) | Oil and Gas Field Machinery and Equipment Manufacturing (333132) |
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
People & advisors
Advisors
- BankingFirst Oklahoma 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 Roles are as stated there and may be out of date.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
| First Oklahoma Bank PPP 2020, PPP 2021 | All 695 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $297K | 22 |
| 1/16/2021 | second | $297K | 22 |
About Fammco Mfg. Co., Inc.
Fammco Mfg. Co., Inc. is an oil and gas field machinery and equipment manufacturing company in Tulsa, Oklahoma. Its estimated annual revenue is about $17.2M, with roughly $1.9M of EBITDA. It has about 22 employees. Its estimated business value is $9.0M (likely range $4.8M–$12.4M).
Common questions
- Who owns Fammco Mfg. Co., Inc.?
- The owner of Fammco Mfg. Co., 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 Fammco Mfg. Co., Inc. make?
- SeeBITDA estimates Fammco Mfg. Co., Inc.'s annual revenue at about $17.2M (likely between $11.3M and $19.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Fammco Mfg. Co., Inc. worth?
- About $9.0M, roughly 4.7× its estimated EBITDA of $1.9M, typical for a oil and gas field machinery and equipment manufacturing company its size. Likely range: $4.8M–$12.4M.
- How many employees does Fammco Mfg. Co., Inc. have?
- About 22, as reported on its PPP loan.