General Aviation Modifications, Inc
How we got $2.0M
Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▼ 13% 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
▲ 292% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 12 | $3.9M |
| 2020 | Form 5500 | 42 | $13.8M |
| 2021 | Form 5500 | 43 | $14.1M |
| 2022 | Form 5500 | 45 | $14.8M |
| 2023 | Form 5500 | 48 | $15.7M |
| 2024 | Form 5500 | 48 | $15.7M |
| 2025 | Form 5500 | 47 | $15.4M |
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.
What we know
Signs of a sale Likely to sell
- In business 32 years (since 1994)
- Founder still runs it after 32 years
From public records and the company's website, not a statement that it's for sale.
What they do
General Aviation Modifications, Inc. (GAMI) of Ada, OK develops and certifies aircraft modifications, chiefly precision fuel injectors (GAMIjectors) for piston aircraft engines, and also works on other aircraft modifications and products.
From the company's website. Industry: Other Aircraft Parts and Auxiliary Equipment Manufacturing.
Customers & suppliers
Customers
- Tornado Alley Turbo, Inc. (TAT) · named on its website
- Hartzell Propeller · named on its website
Suppliers & brands
- Continental · brand it sells or installs
- Lycoming · brand it sells or installs
- Hartzell Propeller · brand it sells or installs
- Tornado Alley Turbo, Inc · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GENERAL AVIATION MODIFICATIONS, INC this business | $3.8M | — |
| TGV Rockets Norman | $1.1M | 53.3 mi |
| The Boeing Company Oklahoma City | $1.8M | 58.0 mi |
| DAVIS THORPE CO. LLC Moore · 2 employees | $1.1M | 58.5 mi |
| Northrop Grumman Oklahoma City | $1.3M | 58.6 mi |
| Boeing Aerospace Operations Oklahoma City | $2.4M | 58.7 mi |
| Nicrocraft Aircraft Exhaust Systems Oklahoma City | $3.0M | 59.7 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.2M |
| Estimate: the two combined (geometric mean) | $3.8M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $486K |
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 | $2.0M |
| Multiple for this size and industry | 4.2× |
| Value range | $1.1M – $2.8M |
| Revenue range | $2.5M – $4.3M |
| EBITDA range | $320K – $554K |
| Industry (NAICS) | Other Aircraft Parts and Auxiliary Equipment Manufacturing (336413) |
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
“Located in Ada, Oklahoma, General Aviation Modifications, Inc. was founded in 1994 by aeronautical engineers George Braly and Tim Roehl in order to obtain a Supplementary Type Certificate (STC) to install balanced fuel injectors on Continental Motors engines, and a Parts Manufacturing Approval (PMA) to make them.”
Advisors
- BankingCitizens Bank of AdaPPP / 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
| Citizens Bank of Ada PPP 2020 | All 171 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $113K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About General Aviation Modifications, Inc
General Aviation Modifications, Inc is an other aircraft parts and auxiliary equipment manufacturing company in Ada, Oklahoma, in business since 1994. It is owned by George Braly (Founder). Its estimated annual revenue is about $3.8M, with roughly $486K of EBITDA. It has about 47 employees. Its estimated business value is $2.0M (likely range $1.1M–$2.8M).
Common questions
- Who owns General Aviation Modifications, Inc?
- General Aviation Modifications, Inc is owned by George Braly (Founder), according to public sources such as the company's website or filings.
- How much revenue does General Aviation Modifications, Inc make?
- SeeBITDA estimates General Aviation Modifications, Inc's annual revenue at about $3.8M (likely between $2.5M and $4.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is General Aviation Modifications, Inc worth?
- About $2.0M, roughly 4.2× its estimated EBITDA of $486K, typical for a other aircraft parts and auxiliary equipment manufacturing company its size. Likely range: $1.1M–$2.8M.
- How many employees does General Aviation Modifications, Inc have?
- About 47, from its 2025 retirement-plan filing.
- When was General Aviation Modifications, Inc founded?
- General Aviation Modifications, Inc has been in business since 1994.
- Is General Aviation Modifications, Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 32 years (since 1994); founder still runs it after 32 years.