Fre Mechanical, LLC
How we got $884K
Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 36% 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 |
|---|---|---|
| FRE MECHANICAL, LLC this business | $3.5M | — |
| FRANCIS SOLAR, LLC Tulsa · 26 employees | $10.1M | 0.0 mi |
| TULSA ELECTRIC, LLC Tulsa · 16 employees | $6.8M | 0.1 mi |
| ALRAC ELECTRIC INCORPORATED Tulsa · 9 employees | $3.1M | 0.1 mi |
| EMC ELECTRICAL MECHANICAL COMPANY Tulsa · 23 employees | $8.5M | 0.2 mi |
| AA ELECTRIC AND PLUMBING, INC. Tulsa · 15 employees | $5.3M | 0.2 mi |
| Tulsa Plumbing And Remodeling, Llc Tulsa | $1.8M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.1M |
| Estimate: the two combined (geometric mean) | $3.5M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $368K |
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 | $884K |
| Multiple for this size and industry | 2.4× |
| Value range | $465K – $1.2M |
| Revenue range | $2.3M – $4.0M |
| EBITDA range | $242K – $420K |
| Industry (NAICS) | Plumbing, Heating, and Air-Conditioning Contractors (238220) |
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
People & 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 Roles are as stated there and may be out of date.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 | All 695 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $104K | 12 |
About Fre Mechanical, LLC
Fre Mechanical, LLC is a plumbing, heating & air company in Tulsa, Oklahoma. Its estimated annual revenue is about $3.5M, with roughly $368K of EBITDA. It has about 12 employees. Its estimated business value is $884K (likely range $465K–$1.2M).
Common questions
- Who owns Fre Mechanical, LLC?
- The owner of Fre Mechanical, LLC 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 Fre Mechanical, LLC make?
- SeeBITDA estimates Fre Mechanical, LLC's annual revenue at about $3.5M (likely between $2.3M and $4.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Fre Mechanical, LLC worth?
- About $884K, roughly 2.4× its estimated EBITDA of $368K, typical for a plumbing, heating & air company its size. Likely range: $465K–$1.2M.
- How many employees does Fre Mechanical, LLC have?
- About 12, as reported on its PPP loan.