Holly Material Handling Equipment Inc
How we got $7.8M
Based on its 22 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 26 years (since 2000)
From public records and the company's website, not a statement that it's for sale.
Customers & suppliers
Customers
- Department of the Army · federal contracts $196K
Estimated value over time
▲ 99% 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 |
|---|---|---|
| HOLLY MATERIAL HANDLING EQUIPMENT INC this business | $26.6M | — |
| HARRINGTON ENTERPRISES, INC. Tulsa · 3 employees | $3.3M | 0.1 mi |
| THE CANADA COMPANY, INC. Tulsa · 10 employees | $12.4M | 0.4 mi |
| SOUTHWEST DRIVES INC Tulsa · 3 employees | $3.4M | 0.7 mi |
| PROGRESSIVE MACHINE TOOLS Tulsa · 14 employees | $14.1M | 0.7 mi |
| STRAIGHTLINE DISTRIBUTING, LLC Tulsa · 7 employees | $5.4M | 0.9 mi |
| INDEPENDENT TUBULAR CORP Tulsa · 4 employees | $5.3M | 0.9 mi |
The full calculation
| Employees reported to the SBA | 22 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $23.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $22.9M |
| Estimate: the two combined (geometric mean) | $26.6M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $1.8M |
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 | $7.8M |
| Multiple for this size and industry | 4.3× |
| Value range | $4.1M – $10.7M |
| Revenue range | $17.5M – $30.3M |
| EBITDA range | $1.2M – $2.1M |
| Industry (NAICS) | Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers (423810) |
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
Advisors
- BankingAVB 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
| AVB Bank PPP 2020, PPP 2021 | All 309 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 | $242K | 22 |
| 1/16/2021 | second | $240K | 19 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Holly Material Handling Equipment Inc
Holly Material Handling Equipment Inc is a construction and mining (except oil well) machinery and equipment merchant wholesalers company in Tulsa, Oklahoma, in business since 2000. Its estimated annual revenue is about $26.6M, with roughly $1.8M of EBITDA. It has about 22 employees. Its estimated business value is $7.8M (likely range $4.1M–$10.7M).
Common questions
- Who owns Holly Material Handling Equipment Inc?
- The owner of Holly Material Handling Equipment 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 Holly Material Handling Equipment Inc make?
- SeeBITDA estimates Holly Material Handling Equipment Inc's annual revenue at about $26.6M (likely between $17.5M and $30.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Holly Material Handling Equipment Inc worth?
- About $7.8M, roughly 4.3× its estimated EBITDA of $1.8M, typical for a construction and mining (except oil well) machinery and equipment merchant wholesalers company its size. Likely range: $4.1M–$10.7M.
- How many employees does Holly Material Handling Equipment Inc have?
- About 22, as reported on its PPP loan.
- When was Holly Material Handling Equipment Inc founded?
- Holly Material Handling Equipment Inc has been in business since 2000.