Filtrex Service Group Inc.
How we got $4.5M
Based on its 14 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 2% 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 |
|---|---|---|
| FILTREX SERVICE GROUP INC. this business | $14.2M | — |
| CHIPS CUSTOM CARRIERS Tulsa · 1 employees | $1.1M | 1.6 mi |
| THE UNLAUB CO. INC. Tulsa · 22 employees | $24.9M | 1.7 mi |
| PAUL KING COMPANY Tulsa · 2 employees | $2.9M | 1.7 mi |
| LEE HOLDING COMPANY, LLC Tulsa · 47 employees | $50.7M | 1.9 mi |
| Airgas Tulsa | $1.8M | 2.2 mi |
| VICTOR WELDING SUPPLY Tulsa · 43 employees | $36.9M | 2.4 mi |
The full calculation
| Employees reported to the SBA | 14 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $12.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $12.5M |
| Estimate: the two combined (geometric mean) | $14.2M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $1.0M |
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 | $4.5M |
| Multiple for this size and industry | 4.3× |
| Value range | $2.4M – $6.1M |
| Revenue range | $9.3M – $16.1M |
| EBITDA range | $686K – $1.2M |
| Industry (NAICS) | Industrial Machinery and Equipment Merchant Wholesalers (423830) |
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
- 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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 4/13/2020 | first | $181K | 14 |
| 2/27/2021 | second | $181K | 14 |
2 locations
| 1623 E Apache St. | Tulsa | This listing |
| 1418 E 71st St | Tulsa | View |
Revenue, profit and value are for the whole company.
About Filtrex Service Group Inc.
Filtrex Service Group Inc. is an industrial machinery and equipment merchant wholesalers company in Tulsa, Oklahoma. Its estimated annual revenue is about $14.2M, with roughly $1.0M of EBITDA. It has about 14 employees. Its estimated business value is $4.5M (likely range $2.4M–$6.1M). It has 2 locations.
Common questions
- Who owns Filtrex Service Group Inc.?
- The owner of Filtrex Service Group 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 Filtrex Service Group Inc. make?
- SeeBITDA estimates Filtrex Service Group Inc.'s annual revenue at about $14.2M (likely between $9.3M and $16.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Filtrex Service Group Inc. worth?
- About $4.5M, roughly 4.3× its estimated EBITDA of $1.0M, typical for a industrial machinery and equipment merchant wholesalers company its size. Likely range: $2.4M–$6.1M.
- How many employees does Filtrex Service Group Inc. have?
- About 14, as reported on its PPP loan.