Hipower Systems Oklahoma LLC
How we got $1.1M
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
LarMar Power, the Hipower Systems Oklahoma business, sells and services generators and power generation packages for residential, commercial and industrial sectors. It states it is the principal supplier of power distribution and prime, standalone power generation equipment to the U.S. and Canadian markets.
From the company's website. Industry: Motor and Generator Manufacturing.
Customers & suppliers
Suppliers & brands
- Hipower AG · brand it sells or installs
Estimated value over time
▲ 22% 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 |
|---|---|---|
| HIPOWER SYSTEMS OKLAHOMA LLC this business | $2.6M | — |
| AM & A TECHNICAL SERVICE INC Sapulpa · 6 employees | $2.6M | 2.4 mi |
| WISE CHOICE CRANE & CONTROLS LLC Sapulpa · 3 employees | $1.7M | 2.7 mi |
| ELECTRODYNE INC Sapulpa · 4 employees | $3.6M | 3.2 mi |
| SAMINCO TECHNOLOGIES LLC Tulsa | $35.7M | 7.6 mi |
| LAYCO, INC. Tulsa · 53 employees | $33.0M | 13.0 mi |
| CLIFFORD POWER SYSTEMS INC Tulsa · 159 employees | $98.6M | 15.7 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.3M |
| Estimate: the two combined (geometric mean) | $2.6M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $348K |
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 | $1.1M |
| Multiple for this size and industry | 3.2× |
| Value range | $585K – $1.5M |
| Revenue range | $1.7M – $2.9M |
| EBITDA range | $229K – $396K |
| Industry (NAICS) | Motor and Generator Manufacturing (335312) |
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
Leadership
- ATAustin TurnerContact for ribbon cutting ceremony · Company website · source
Advisors
- BankingSouthWest 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
| SouthWest Bank PPP 2020 | All 4 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 | $60K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hipower Systems Oklahoma LLC
Hipower Systems Oklahoma LLC is a motor and generator manufacturing company in Tulsa, Oklahoma, in business since 2016. Its estimated annual revenue is about $2.6M, with roughly $348K of EBITDA. It has about 5 employees. Its estimated business value is $1.1M (likely range $585K–$1.5M).
Common questions
- Who owns Hipower Systems Oklahoma LLC?
- The owner of Hipower Systems Oklahoma LLC 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 Hipower Systems Oklahoma LLC make?
- SeeBITDA estimates Hipower Systems Oklahoma LLC's annual revenue at about $2.6M (likely between $1.7M and $2.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hipower Systems Oklahoma LLC worth?
- About $1.1M, roughly 3.2× its estimated EBITDA of $348K, typical for a motor and generator manufacturing company its size. Likely range: $585K–$1.5M.
- How many employees does Hipower Systems Oklahoma LLC have?
- About 5, as reported on its PPP loan.
- When was Hipower Systems Oklahoma LLC founded?
- Hipower Systems Oklahoma LLC has been in business since 2016.