Heavybilt Mfg, Inc.
How we got $13.5M
Based on its 38 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 33 years (since 1993)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▼ 13% 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 |
|---|---|---|
| HEAVYBILT MFG, INC. this business | $20.3M | — |
| BOXEL MANUFACTURING, INC. Atoka · 6 employees | $2.0M | 13.0 mi |
| OHANA MANUFACTURIN, LLC. Eufaula · 9 employees | $3.3M | 59.6 mi |
| OHANA MANUFACTURING LLC Eufaula · 8 employees | $3.1M | 59.6 mi |
The full calculation
| Employees reported to the SBA | 38 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $16.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $19.5M |
| Estimate: the two combined (geometric mean) | $20.3M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $2.3M |
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 | $13.5M |
| Multiple for this size and industry | 5.8× |
| Value range | $7.1M – $18.4M |
| Revenue range | $13.3M – $23.1M |
| EBITDA range | $1.5M – $2.6M |
| Industry (NAICS) | Metal Tank (Heavy Gauge) Manufacturing (332420) |
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
History & advisors
Advisors
- BankingFarmers State Bank, Allen, OklahomaPPP / 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 Roles are as stated there and may be out of date.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
| Farmers State Bank, Allen, Oklahoma PPP 2020, PPP 2021 | All 27 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $554K | 38 |
| 1/16/2021 | second | $425K | 36 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Heavybilt Mfg, Inc.
Heavybilt Mfg, Inc. is a metal tank (heavy gauge) manufacturing company in Coalgate, Oklahoma, in business since 1993. Its estimated annual revenue is about $20.3M, with roughly $2.3M of EBITDA. It has about 38 employees. Its estimated business value is $13.5M (likely range $7.1M–$18.4M).
Common questions
- Who owns Heavybilt Mfg, Inc.?
- The owner of Heavybilt Mfg, 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 Heavybilt Mfg, Inc. make?
- SeeBITDA estimates Heavybilt Mfg, Inc.'s annual revenue at about $20.3M (likely between $13.3M and $23.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Heavybilt Mfg, Inc. worth?
- About $13.5M, roughly 5.8× its estimated EBITDA of $2.3M, typical for a metal tank (heavy gauge) manufacturing company its size. Likely range: $7.1M–$18.4M.
- How many employees does Heavybilt Mfg, Inc. have?
- About 38, as reported on its PPP loan.
- When was Heavybilt Mfg, Inc. founded?
- Heavybilt Mfg, Inc. has been in business since 1993.