Fenimore Manufacturing Inc
How we got $1.3M
Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 40% 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 |
|---|---|---|
| FENIMORE MANUFACTURING INC this business | $2.9M | — |
| BRADLEY MACHINE & DESIGN, LLC Chickasha · 13 employees | $3.6M | 0.1 mi |
| BADGETT CORPORATION Chickasha · 53 employees | $19.5M | 4.1 mi |
| SUPERIOR CUSTOM METAL FABRICATION, LLC Blanchard · 3 employees | $893K | 18.5 mi |
| CURING SYSTEM COMPONENTS INC. Tuttle · 9 employees | $2.6M | 19.3 mi |
| Grace Machine Inc Tuttle | $2.0M | 20.3 mi |
| RPM Union City | $2.0M | 22.9 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.1M |
| Estimate: the two combined (geometric mean) | $2.9M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $413K |
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 | $1.3M |
| Multiple for this size and industry | 3.2× |
| Value range | $695K – $1.8M |
| Revenue range | $1.9M – $3.3M |
| EBITDA range | $272K – $471K |
| Industry (NAICS) | Machine Shops (332710) |
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
- BankingLiberty 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 Roles are as stated there and may be out of date.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
| Liberty National Bank PPP 2020, PPP 2021 | All 430 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $80K | 12 |
| 1/19/2021 | second | $81K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Fenimore Manufacturing Inc
Fenimore Manufacturing Inc is a machine shops & fabrication company in Chickasha, Oklahoma. It is owned by STEVE SMITH (President). Its estimated annual revenue is about $2.9M, with roughly $413K of EBITDA. It has about 12 employees. Its estimated business value is $1.3M (likely range $695K–$1.8M).
Common questions
- Who owns Fenimore Manufacturing Inc?
- Fenimore Manufacturing Inc is owned by STEVE SMITH (President), according to public sources such as the company's website or filings.
- How much revenue does Fenimore Manufacturing Inc make?
- SeeBITDA estimates Fenimore Manufacturing Inc's annual revenue at about $2.9M (likely between $1.9M and $3.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Fenimore Manufacturing Inc worth?
- About $1.3M, roughly 3.2× its estimated EBITDA of $413K, typical for a machine shops & fabrication company its size. Likely range: $695K–$1.8M.
- How many employees does Fenimore Manufacturing Inc have?
- About 12, as reported on its PPP loan.