Hydronic Systems Inc.
How we got $2.2M
Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 59% 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.
Employees over time
Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 13 | $3.9M |
| 2020 | Form 5500 | 6 | $1.8M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HYDRONIC SYSTEMS INC. this business | $7.8M | — |
| EVENTS BYKEKO INC Oklahoma City · 4 employees | $2.3M | 1.1 mi |
| TRADE MENS WARES Oklahoma City · 1 employees | $638K | 2.4 mi |
| NKAB LLC Oklahoma City · 52 employees | $21.5M | 3.0 mi |
| TOTALLY TICKETS INC. Oklahoma City · 10 employees | $6.5M | 3.3 mi |
| TRADE MEN'S WARES LLC Oklahoma City · 2 employees | $1.2M | 3.6 mi |
| AMY WINTER Oklahoma City · 1 employees | $566K | 3.6 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $10.4M |
| Estimate: the two combined (geometric mean) | $7.8M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $722K |
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 | $2.2M |
| Multiple for this size and industry | 3× |
| Value range | $1.1M – $3.0M |
| Revenue range | $5.1M – $8.9M |
| EBITDA range | $475K – $824K |
| Industry (NAICS) | Retail Trade (454390) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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: approximate sector default. 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
- BankingFirst National Bank of 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
| First National Bank of Oklahoma PPP 2020, PPP 2021 | All 405 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $183K | 13 |
| 1/22/2021 | second | $183K | 9 |
About Hydronic Systems Inc.
Hydronic Systems Inc. is a retail trade company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $7.8M, with roughly $722K of EBITDA. It has about 6 employees. Its estimated business value is $2.2M (likely range $1.1M–$3.0M).
Common questions
- Who owns Hydronic Systems Inc.?
- The owner of Hydronic Systems 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 Hydronic Systems Inc. make?
- SeeBITDA estimates Hydronic Systems Inc.'s annual revenue at about $7.8M (likely between $5.1M and $8.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hydronic Systems Inc. worth?
- About $2.2M, roughly 3× its estimated EBITDA of $722K, typical for a retail trade company its size. Likely range: $1.1M–$3.0M.
- How many employees does Hydronic Systems Inc. have?
- About 6, from its 2020 retirement-plan filing.