SeeBITDAOklahoma

Green Country Aircraft Exhaust, Inc.

Other Aircraft Parts and Auxiliary Equipment Manufacturing
Estimated valueMedium confidence
$10.3M
$5.4Mlikely range$14.1M
About 6.3× its yearly profit, typical for a company this size in its industry.
Revenue
$16.0M
a year
Profit (EBITDA)
$1.6M
10% of revenue
Employees
42
reported in 2020
Leadership
Heidi Teague
President and Corporate Secretary · source · confirmed by 2 sources
Unlikely to sell soon
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $10.3M

Based on its 42 employees and its payroll, both reported for PPP in 2020 and brought up to date.

42 employees × $318K each$13.3M
PPP payroll ÷ payroll's usual share of revenue$14.8M
Shown toward the top of its range×1.14
Revenue$16.0M
× 10% profit margin$1.6M
× 6.3 sale multiple = value$10.3M

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Unlikely to sell soon

  • In business 20 years (since 2006)

From public records and the company's website, not a statement that it's for sale.

What they do

Green Country Aircraft is a contract manufacturer of build-to-print aircraft components, structures and assemblies. It supplies OEMs and Tier 1 suppliers for commercial, business jet, general aviation and military and defense aircraft.

Products & services
Hydroforming & sheet metal fabricationMachiningBenchtop assemblyHeat treatmentPunch, router, water jet & laser capabilitiesPress brake & roll forming3, 4 & 5 axis machiningBenchtop & mid-size hardware integration
Markets served
Commercial OEMBusiness jetGeneral aviationRotorcraftMilitary & defenseTier 1 suppliers
Service area
Tulsa, Oklahoma
Certifications
AS9100 rev DAMS2770AMS2658ITAR RegisteredHUBZone Small Business

From the company's website. Industry: Other Aircraft Parts and Auxiliary Equipment Manufacturing.

Customers & suppliers

Customers

  • Lockheed Martin · named on its website
  • Boeing · named on its website
  • Raytheon · named on its website

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Wholesale & distribution

Estimated value over time

▼ 13% since 2020
$0$6.8M$13.6M20202026

Today'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

BusinessEst. revenueEst. profitDistance
GREEN COUNTRY AIRCRAFT EXHAUST, INC.
this business
$16.0M$1.6M—
Accurus Aerospace Tulsa
Tulsa
$1.3M$171K1.3 mi
Spirit Aerosystems
Tulsa
$3.0M$403K1.5 mi
Triumph Aerostructures
Tulsa
$1.3M$171K1.5 mi
ONEFIRE AEROSPACE SERVICES LLC
Tulsa · 5 employees
$2.1M$272K2.3 mi
PRYER AEROSPACE, LLC
Tulsa · 110 employees
$55.3M$5.3M2.6 mi
PRECISION HOSE TECHNOLOGY, INC.
Tulsa · 10 employees
$3.6M$455K2.7 mi

The full calculation

Employees reported to the SBA42
Revenue from headcount (employees × revenue per employee for companies this size)$13.3M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$14.8M
Estimate: the two combined (geometric mean)$16.0M
EBITDA margin (industry, adjusted for size)10%
EBITDA = revenue × margin$1.6M

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$10.3M
Multiple for this size and industry6.3×
Value range$5.4M – $14.1M
Revenue range$10.5M – $18.2M
EBITDA range$1.1M – $1.9M
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

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

ApprovedDrawAmountForgivenJobsLender
4/4/2020first$507K$510K42First State Bank
1/23/2021second$525K$518K30First State Bank

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Green Country Aircraft Exhaust, Inc.

Green Country Aircraft Exhaust, Inc. is an other aircraft parts and auxiliary equipment manufacturing company in Tulsa, Oklahoma, in business since 2006. It is owned by Heidi Teague (President and Corporate Secretary). Its estimated annual revenue is about $16.0M, with roughly $1.6M of EBITDA. It has about 42 employees. Its estimated business value is $10.3M (likely range $5.4M–$14.1M).

Common questions

Who owns Green Country Aircraft Exhaust, Inc.?
Green Country Aircraft Exhaust, Inc. is owned by Heidi Teague (President and Corporate Secretary), according to public sources such as the company's website or filings.
How much revenue does Green Country Aircraft Exhaust, Inc. make?
SeeBITDA estimates Green Country Aircraft Exhaust, Inc.'s annual revenue at about $16.0M (likely between $10.5M and $18.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Green Country Aircraft Exhaust, Inc. worth?
About $10.3M, roughly 6.3× its estimated EBITDA of $1.6M, typical for a other aircraft parts and auxiliary equipment manufacturing company its size. Likely range: $5.4M–$14.1M.
How many employees does Green Country Aircraft Exhaust, Inc. have?
About 42, as reported on its PPP loan.
When was Green Country Aircraft Exhaust, Inc. founded?
Green Country Aircraft Exhaust, Inc. has been in business since 2006.