Hayes Welding, Inc.
How we got $337K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 18% 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 |
|---|---|---|
| HAYES WELDING, INC. this business | $976K | — |
| Anytime Propane Chickasha | $1.8M | 4.1 mi |
| Flogistix Chickasha | $1.8M | 4.7 mi |
| CRAIG'S OKLAHOMA PRIDE, LLC Chickasha · 13 employees | $2.9M | 4.8 mi |
| BAILEY'S WELDING & MACHINE, LLC Chickasha · 6 employees | $2.0M | 7.5 mi |
| EVCO SERVICE CO., INC. Tuttle · 34 employees | $14.2M | 12.5 mi |
| MCKINNEY WELDING, INC. Ninnekah · 1 employees | $410K | 13.2 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $629K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.2M |
| Estimate: the two combined (geometric mean) | $976K |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $135K |
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 | $337K |
| Multiple for this size and industry | 2.5× |
| Value range | $177K – $460K |
| Revenue range | $642K – $1.1M |
| EBITDA range | $89K – $153K |
| Industry (NAICS) | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (811310) |
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
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $28K | 2 |
| 3/13/2021 | second | $32K | 1 |
About Hayes Welding, Inc.
Hayes Welding, Inc. is a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company in Chickasha, Oklahoma. Its estimated annual revenue is about $976K, with roughly $135K of EBITDA. It has about 2 employees. Its estimated business value is $337K (likely range $177K–$460K).
Common questions
- Who owns Hayes Welding, Inc.?
- The owner of Hayes Welding, 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 Hayes Welding, Inc. make?
- SeeBITDA estimates Hayes Welding, Inc.'s annual revenue at about $976K (likely between $642K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hayes Welding, Inc. worth?
- About $337K, roughly 2.5× its estimated EBITDA of $135K, typical for a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company its size. Likely range: $177K–$460K.
- How many employees does Hayes Welding, Inc. have?
- About 2, as reported on its PPP loan.