Fin-X,inc.
How we got $2.8M
Based on its 20 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Fin-X, Inc. designs custom industrial air-cooled heat exchangers, according to its homepage.
From the company's website. Industry: All Other Miscellaneous Fabricated Metal Product Manufacturing.
Estimated value over time
▲ 26% 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
▼ 30% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 20 | $5.9M |
| 2020 | Form 5500 | 15 | $4.4M |
| 2021 | Form 5500 | 14 | $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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FIN-X,INC. this business | $6.2M | — |
| OKLAHOMA SPECIALTIES INC. Owasso · 4 employees | $1.4M | 0.8 mi |
| FE SUPPLY LP Tulsa · 4 employees | $1.1M | 3.7 mi |
| RIVER INDUSTRIES, LLC Collinsville · 9 employees | $2.2M | 5.2 mi |
| PRECISION HOSE TECHNOLOGY, INC. Tulsa · 10 employees | $3.2M | 5.5 mi |
| HONOR COMPANIES, INC. Tulsa | $7.6M | 5.5 mi |
| HORTON INDUSTRIES, INC. Tulsa · 19 employees | $4.3M | 6.0 mi |
The full calculation
| Employees reported to the SBA | 20 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.5M |
| Estimate: the two combined (geometric mean) | $6.2M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $710K |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has grown 1% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $2.8M |
| Multiple for this size and industry | 3.9× |
| Value range | $1.7M – $4.3M |
| Revenue range | $4.6M – $8.1M |
| EBITDA range | $533K – $923K |
| Industry (NAICS) | All Other Miscellaneous Fabricated Metal Product Manufacturing (332999) |
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
- BankingFirst Bank of OwassoPPP / 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 Bank of Owasso PPP 2020, PPP 2021 | All 426 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $229K | 20 |
| 1/17/2021 | second | $229K | 18 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Fin-X,inc.
Fin-X,inc. is an all other miscellaneous fabricated metal product manufacturing company in Owasso, Oklahoma. Its estimated annual revenue is about $6.2M, with roughly $710K of EBITDA. It has about 14 employees. Its estimated business value is $2.8M (likely range $1.7M–$4.3M).
Common questions
- Who owns Fin-X,inc.?
- The owner of Fin-X,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 Fin-X,inc. make?
- SeeBITDA estimates Fin-X,inc.'s annual revenue at about $6.2M (likely between $4.6M and $8.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Fin-X,inc. worth?
- About $2.8M, roughly 3.9× its estimated EBITDA of $710K, typical for a all other miscellaneous fabricated metal product manufacturing company its size. Likely range: $1.7M–$4.3M.
- How many employees does Fin-X,inc. have?
- About 14, from its 2021 retirement-plan filing.