Heavy Equipment Training-Oklahoma
How we got $2.0M
Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Heavy Equipment Colleges of America (HEC) offers hands-on heavy equipment operator training and skilled trade programs for students, with campuses in California, Georgia, and Oklahoma.
From the company's website. Industry: Other Technical and Trade Schools.
Customers & suppliers
Customers
- TSMC Arizona · named on its website
- Athens Services · named on its website
- Waste Connections · named on its website
- Astra Group · named on its website
- Motive Energy Telecommunication · named on its website
- Pure Pride Construction · named on its website
- Thiessen Construction & Engineering · named on its website
- Peterson CAT · named on its website
- South Way Crane · named on its website
- Cyclone Construction · named on its website
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- RGCE LLC · Oklahoma City, 7 mi · $42.0M
- DELCO ELECTRIC, INC. · Oklahoma City, 11 mi · $41.3M
- BAKER BROTHERS ELECTRIC, INC. · Moore, 13 mi · $39.9M
- DANE & ASSOCIATES ELECTRIC CO. INC. · Oklahoma City, 2 mi · $35.9M
- PATCO ELECTRICAL SERVICES, INC. · Oklahoma City, 8 mi · $30.9M
Estimated value over time
▼ 7% 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 |
|---|---|---|
| HEAVY EQUIPMENT TRAINING-OKLAHOMA this business | $2.7M | — |
| DALE ROGERS TRAINING CENTER, INC. Oklahoma City · 490 employees | $26.4M | 1.4 mi |
| BEAUTY CAREERS INC Oklahoma City · 8 employees | $1.3M | 1.9 mi |
| BALANCED ENERGY, LLC Oklahoma City · 1 employees | $190K | 4.0 mi |
| OKLAHOMA AVIATION LLC Bethany · 17 employees | $5.7M | 4.7 mi |
| SAMI S DAHR MD PLLC Oklahoma City · 5 employees | $1.3M | 5.1 mi |
| EXECUTIVE HAIR DESIGN, LLC Oklahoma City · 1 employees | $240K | 5.4 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.5M |
| Estimate: the two combined (geometric mean) | $2.7M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $501K |
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 | $2.0M |
| Multiple for this size and industry | 3.9× |
| Value range | $1.0M – $2.7M |
| Revenue range | $1.8M – $3.0M |
| EBITDA range | $330K – $571K |
| Industry (NAICS) | Other Technical and Trade Schools (611519) |
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
People & advisors
Advisors
- BankingWebster Bank National AssociationPPP / 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
| Webster Bank National Association PPP 2020 | View → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/30/2020 | first | $99K | 13 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Heavy Equipment Training-Oklahoma
Heavy Equipment Training-Oklahoma is an other technical and trade schools company in Oklahoma City, Oklahoma, in business since 2017. It is owned by Cory Albano (CEO). Its estimated annual revenue is about $2.7M, with roughly $501K of EBITDA. It has about 13 employees. Its estimated business value is $2.0M (likely range $1.0M–$2.7M).
Common questions
- Who owns Heavy Equipment Training-Oklahoma?
- Heavy Equipment Training-Oklahoma is owned by Cory Albano (CEO), according to public sources such as the company's website or filings.
- How much revenue does Heavy Equipment Training-Oklahoma make?
- SeeBITDA estimates Heavy Equipment Training-Oklahoma's annual revenue at about $2.7M (likely between $1.8M and $3.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Heavy Equipment Training-Oklahoma worth?
- About $2.0M, roughly 3.9× its estimated EBITDA of $501K, typical for a other technical and trade schools company its size. Likely range: $1.0M–$2.7M.
- How many employees does Heavy Equipment Training-Oklahoma have?
- About 13, as reported on its PPP loan.
- When was Heavy Equipment Training-Oklahoma founded?
- Heavy Equipment Training-Oklahoma has been in business since 2017.