Hill Manufacturing and Fabrication, LLC
How we got $5.6M
Based on its 27 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 40% 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.
What we know
Signs of a sale Likely to sell
- In business 50 years (since 1976)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Hill Manufacturing and Fabrication is a CNC machining and fabrication shop in Broken Arrow, OK that provides precision machined parts, welding, and assembly for manufacturers and OEMs.
From the company's website. Industry: Machine shops & fabrication.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HILL MANUFACTURING AND FABRICATION, LLC this business | $10.4M | — |
| Boyd Machining Tulsa | $2.0M | 1.3 mi |
| LL PRESSURE EQUIPMENT FABRICATION LLC Broken Arrow · 15 employees | $4.3M | 1.3 mi |
| MANUFACTURING SOLUTIONS, LLC Broken Arrow · 2 employees | $416K | 1.7 mi |
| Northeast Oklahoma Manufacturing Inc Tulsa | $2.0M | 2.2 mi |
| NORTH EAST OK MFG INC Tulsa · 11 employees | $4.2M | 2.2 mi |
| NORTHEAST OK MFG INC Tulsa · 9 employees | $3.1M | 2.2 mi |
The full calculation
| Employees reported to the SBA | 27 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $10.6M |
| Estimate: the two combined (geometric mean) | $10.4M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.2M |
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 | $5.6M |
| Multiple for this size and industry | 4.7× |
| Value range | $2.9M – $7.7M |
| Revenue range | $6.8M – $11.8M |
| EBITDA range | $783K – $1.4M |
| Industry (NAICS) | Machine Shops (332710) |
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
“In 1976, Hill Manufacturing was founded by Jerry and Cheryl Hill in Broken Arrow, Oklahoma and from the start, Hill developed a strong reputation for offering premium manufacturing services.”
Advisors
- BankingSimmons 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
| Simmons Bank PPP 2020, PPP 2021 | All 789 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 | $396K | 27 |
| 1/28/2021 | second | $341K | 23 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hill Manufacturing and Fabrication, LLC
Hill Manufacturing and Fabrication, LLC is a machine shops & fabrication company in Broken Arrow, Oklahoma, in business since 1976. It is owned by Mike Payne. Its estimated annual revenue is about $10.4M, with roughly $1.2M of EBITDA. It has about 27 employees. Its estimated business value is $5.6M (likely range $2.9M–$7.7M).
Common questions
- Who owns Hill Manufacturing and Fabrication, LLC?
- Hill Manufacturing and Fabrication, LLC is owned by Mike Payne, according to public sources such as the company's website or filings.
- How much revenue does Hill Manufacturing and Fabrication, LLC make?
- SeeBITDA estimates Hill Manufacturing and Fabrication, LLC's annual revenue at about $10.4M (likely between $6.8M and $11.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hill Manufacturing and Fabrication, LLC worth?
- About $5.6M, roughly 4.7× its estimated EBITDA of $1.2M, typical for a machine shops & fabrication company its size. Likely range: $2.9M–$7.7M.
- How many employees does Hill Manufacturing and Fabrication, LLC have?
- About 27, as reported on its PPP loan.
- When was Hill Manufacturing and Fabrication, LLC founded?
- Hill Manufacturing and Fabrication, LLC has been in business since 1976.
- Is Hill Manufacturing and Fabrication, LLC for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 50 years (since 1976); no family successor named on its website.