Firex Incorporated
How we got $250K
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 24% 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 |
|---|---|---|
| FIREX INCORPORATED this business | $2.0M | — |
| Verdigris Fire Protection District Verdigris | $2.0M | 40.6 mi |
| Tulsa Fire Department Station 3 Tulsa | $2.0M | 43.5 mi |
| LAW OFFICE OF STEPHEN HALE PC Tulsa · 1 employees | $213K | 44.2 mi |
| THE LAW OFFICES OF RICHARD J EAGLE, PLLC Tulsa · 3 employees | $885K | 44.2 mi |
| LAW OFFICES OF GREG LAVENDER, PLLC Tulsa · 2 employees | $315K | 44.6 mi |
| Osage-pleasant View Volunteer Fire Department Pryor | $2.0M | 44.7 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.9M |
| Estimate: the two combined (geometric mean) | $2.0M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $100K |
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 | $250K |
| Multiple for this size and industry | 2.5× |
| Value range | $132K – $343K |
| Revenue range | $1.3M – $2.3M |
| EBITDA range | $66K – $114K |
| Industry (NAICS) | Public Administration (922160) |
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: approximate sector default. 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
- BankingCommunity National Bank & TrustPPP / 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 Roles are as stated there and may be out of date.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
| Community National Bank & Trust PPP 2020 | All 49 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 | $95K | 10 |
About Firex Incorporated
Firex Incorporated is a public administration company in Dewey, Oklahoma. Its estimated annual revenue is about $2.0M, with roughly $100K of EBITDA. It has about 10 employees. Its estimated business value is $250K (likely range $132K–$343K).
Common questions
- Who owns Firex Incorporated?
- The owner of Firex Incorporated 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 Firex Incorporated make?
- SeeBITDA estimates Firex Incorporated's annual revenue at about $2.0M (likely between $1.3M and $2.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Firex Incorporated worth?
- About $250K, roughly 2.5× its estimated EBITDA of $100K, typical for a public administration company its size. Likely range: $132K–$343K.
- How many employees does Firex Incorporated have?
- About 10, as reported on its PPP loan.