General Plastics, Inc.
How we got $2.9M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 46% 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
Signs of a sale Some signs of a sale
- In business 28 years (since 1998)
From public records and the company's website, not a statement that it's for sale.
What they do
General Plastics, Inc. manufactures tough, hi-impact plastic fittings for under slab, raised floors and crawl space heating and air conditioning systems. Its fittings are described as airtight, watertight, non-corrosive and an alternative to rust-prone sheet metal fittings.
From the company's website. Industry: Plastics Pipe and Pipe Fitting Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- MCINTOSH CORPORATION · Tulsa, 77 mi · $105.7M
- AIRCO SERVICES INC · Tulsa, 77 mi · $88.4M
- UNITED MECHANICAL, INC. · Oklahoma City, 35 mi · $77.2M
- HARRISON-ORR AIR CONDITIONING, LLC · Oklahoma City, 35 mi · $77.1M
- AIR COMFORT SOLUTIONS LLC · Moore, 32 mi · $72.9M
- MASTERCRAFT FC, LLC · Glenpool, 65 mi · $53.8M
- INTERIORS ONE, INC. · Tulsa, 82 mi · $40.7M
- BRYAN'S FLOORING, LLC · Oklahoma City, 39 mi · $22.9M
- AKIN BROTHERS FLOORING LLC · Oklahoma City, 38 mi · $16.1M
- C & C TILE AND CARPET CO · Tulsa, 77 mi · $15.2M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GENERAL PLASTICS, INC. this business | $5.3M | — |
| SWAN PLASTICS LLC Shawnee · 1 employees | $1.5M | 2.4 mi |
| Norwesco Shawnee | $1.3M | 2.9 mi |
| Sovereign Pipe Technologies Shawnee | $3.0M | 4.0 mi |
| FAB SEAL INDUSTRIAL LINERS, IN Shawnee · 19 employees | $5.9M | 5.2 mi |
| ARROW PUMP & SUPPLY OF SEMINOLE, LLC Seminole · 22 employees | $8.9M | 15.1 mi |
| GRACE FIBERGLASS & COMPOSITES, LLC Harrah · 2 employees | $1.0M | 19.6 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.0M |
| Estimate: the two combined (geometric mean) | $5.3M |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $768K |
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 | $2.9M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.5M – $4.0M |
| Revenue range | $3.5M – $6.0M |
| EBITDA range | $505K – $876K |
| Industry (NAICS) | Plastics Pipe and Pipe Fitting Manufacturing (326122) |
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
History & advisors
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $66K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About General Plastics, Inc.
General Plastics, Inc. is a plastics pipe and pipe fitting manufacturing company in Shawnee, Oklahoma, in business since 1998. It is owned by Tyler Inda. Its estimated annual revenue is about $5.3M, with roughly $768K of EBITDA. It has about 9 employees. Its estimated business value is $2.9M (likely range $1.5M–$4.0M).
Common questions
- Who owns General Plastics, Inc.?
- General Plastics, Inc. is owned by Tyler Inda, according to public sources such as the company's website or filings.
- How much revenue does General Plastics, Inc. make?
- SeeBITDA estimates General Plastics, Inc.'s annual revenue at about $5.3M (likely between $3.5M and $6.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is General Plastics, Inc. worth?
- About $2.9M, roughly 3.8× its estimated EBITDA of $768K, typical for a plastics pipe and pipe fitting manufacturing company its size. Likely range: $1.5M–$4.0M.
- How many employees does General Plastics, Inc. have?
- About 9, as reported on its PPP loan.
- When was General Plastics, Inc. founded?
- General Plastics, Inc. has been in business since 1998.