Flying W, Inc
How we got $3.4M
Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 30 years (since 1996)
From public records and the company's website, not a statement that it's for sale.
Customers & suppliers
Customers
- Forest Service · federal contracts $45K
- Bureau of Land Management · federal contracts $42K
Estimated value over time
▼ 12% 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 |
|---|---|---|
| FLYING W, INC this business | $6.9M | — |
| MURRAY SERVICES, INC. Hinton · 15 employees | $12.7M | 23.5 mi |
| AB BITS LLC Weatherford · 1 employees | $816K | 24.3 mi |
| T-N-T MACHINE Weatherford · 3 employees | $2.9M | 28.3 mi |
| BRAMCO, INC. Fairview · 19 employees | $9.4M | 30.2 mi |
| SPARK PLUGS UNLIMITED, LLC Arapaho · 3 employees | $2.9M | 36.1 mi |
| WALL BIN HOPPERS LLC Colony · 8 employees | $3.3M | 36.5 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.8M |
| Estimate: the two combined (geometric mean) | $6.9M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $877K |
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 | $3.4M |
| Multiple for this size and industry | 3.9× |
| Value range | $1.8M – $4.7M |
| Revenue range | $4.5M – $7.9M |
| EBITDA range | $577K – $1000K |
| Industry (NAICS) | Farm Machinery and Equipment Manufacturing (333111) |
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 State 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 State Bank PPP 2020, PPP 2021 | All 268 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $88K | 13 |
| 1/22/2021 | second | $100K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Flying W, Inc
Flying W, Inc is a farm machinery and equipment manufacturing company in Watonga, Oklahoma, in business since 1996. Its estimated annual revenue is about $6.9M, with roughly $877K of EBITDA. It has about 13 employees. Its estimated business value is $3.4M (likely range $1.8M–$4.7M).
Common questions
- Who owns Flying W, Inc?
- The owner of Flying W, 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 Flying W, Inc make?
- SeeBITDA estimates Flying W, Inc's annual revenue at about $6.9M (likely between $4.5M and $7.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Flying W, Inc worth?
- About $3.4M, roughly 3.9× its estimated EBITDA of $877K, typical for a farm machinery and equipment manufacturing company its size. Likely range: $1.8M–$4.7M.
- How many employees does Flying W, Inc have?
- About 13, as reported on its PPP loan.
- When was Flying W, Inc founded?
- Flying W, Inc has been in business since 1996.