Hartco Insulation, Inc.
How we got $1.4M
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
▲ 23% 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 |
|---|---|---|
| HARTCO INSULATION, INC. this business | $4.8M | — |
| CORPRO CONSTRUCTION MANAGEMENT LLC Sand Springs · 1 employees | $594K | 1.9 mi |
| ISAM PAINTING & SANDBLASTING, INC. Tulsa · 6 employees | $2.1M | 2.8 mi |
| JAMES & MILLER WELDING, LLC Tulsa · 20 employees | $8.4M | 2.9 mi |
| ERICK GOODMAN CONSTRUCTION CO. Sand Springs · 3 employees | $996K | 3.1 mi |
| DYKON BLASTING CORP INC Tulsa · 90 employees | $30.9M | 3.2 mi |
| AMERICAN DEMOLITION & SITE SERVICES, LLC Tulsa · 14 employees | $4.9M | 3.7 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.2M |
| Estimate: the two combined (geometric mean) | $4.8M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $504K |
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 | $1.4M |
| Multiple for this size and industry | 2.8× |
| Value range | $743K – $1.9M |
| Revenue range | $3.1M – $5.4M |
| EBITDA range | $332K – $575K |
| Industry (NAICS) | All Other Specialty Trade Contractors (238990) |
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
- BankingAmerican Heritage 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 Roles are as stated there and may be out of date.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
| American Heritage Bank PPP 2020, PPP 2021 | All 446 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $108K | 12 |
| 2/4/2021 | second | $108K | 5 |
About Hartco Insulation, Inc.
Hartco Insulation, Inc. is a fencing, siding & exterior company in Sapulpa, Oklahoma. Its estimated annual revenue is about $4.8M, with roughly $504K of EBITDA. It has about 12 employees. Its estimated business value is $1.4M (likely range $743K–$1.9M).
Common questions
- Who owns Hartco Insulation, Inc.?
- The owner of Hartco Insulation, Inc. 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 Hartco Insulation, Inc. make?
- SeeBITDA estimates Hartco Insulation, Inc.'s annual revenue at about $4.8M (likely between $3.1M and $5.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hartco Insulation, Inc. worth?
- About $1.4M, roughly 2.8× its estimated EBITDA of $504K, typical for a fencing, siding & exterior company its size. Likely range: $743K–$1.9M.
- How many employees does Hartco Insulation, Inc. have?
- About 12, as reported on its PPP loan.