Gsb, Inc.
- Ronald G. Smith, AIAPrincipal, President · Company website
- Ryan Eshelman, AIA, LEED APPrincipal, Design · Company website
- James Ligon, AIAPrincipal, Project Manager · Company website
- Phil Elwell, AIAPrincipal, Contracts · Company website
- Michelle McElyeaController · Company website
How we got $10.0M
Based on its 36 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 28 years (since 1998)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 30% 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 |
|---|---|---|
| GSB, INC. this business | $14.3M | — |
| J & J Technology Inc Oklahoma City | $2.0M | 0.0 mi |
| INTEGRITY TESTING LABORATORIES, LLC Oklahoma City · 2 employees | $803K | 0.2 mi |
| Diagnostic Laboratory of Oklahoma - Building D PSC | $2.0M | 0.3 mi |
| Diagnostic Laboratory of Oklahoma - Building C PSC OKC - Employer Drug Testing Not Offered | $2.0M | 0.3 mi |
| Diagnostic Laboratory of Oklahoma - Building A PSC | $2.0M | 0.3 mi |
| Quest Diagnostics Oklahoma City | $2.0M | 0.3 mi |
The full calculation
| Employees reported to the SBA | 36 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $12.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $12.7M |
| Estimate: the two combined (geometric mean) | $14.3M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $1.9M |
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 | $10.0M |
| Multiple for this size and industry | 5.2× |
| Value range | $5.3M – $13.7M |
| Revenue range | $9.4M – $16.3M |
| EBITDA range | $1.3M – $2.2M |
| Industry (NAICS) | Architectural Services (541310) |
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
“Over the course of its forty six year history, the firm has built an impressive portfolio and developed long-term relationships with leading developers and brands worldwide.”
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 |
|---|---|---|---|
| 4/7/2020 | first | $562K | 36 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Gsb, Inc.
Gsb, Inc. is an engineering & architecture company in Oklahoma City, Oklahoma, in business since 1998. It is owned by Ronald G. Smith (President). Its estimated annual revenue is about $14.3M, with roughly $1.9M of EBITDA. It has about 36 employees. Its estimated business value is $10.0M (likely range $5.3M–$13.7M).
Common questions
- Who owns Gsb, Inc.?
- Gsb, Inc. is owned by Ronald G. Smith (President), according to public sources such as the company's website or filings.
- How much revenue does Gsb, Inc. make?
- SeeBITDA estimates Gsb, Inc.'s annual revenue at about $14.3M (likely between $9.4M and $16.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Gsb, Inc. worth?
- About $10.0M, roughly 5.2× its estimated EBITDA of $1.9M, typical for a engineering & architecture company its size. Likely range: $5.3M–$13.7M.
- How many employees does Gsb, Inc. have?
- About 36, as reported on its PPP loan.
- When was Gsb, Inc. founded?
- Gsb, Inc. has been in business since 1998.