Iliff Aircraft Repair & Service Co., Inc
How we got $2.2M
Based on its 15 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 62 years (since 1964)
From public records and the company's website, not a statement that it's for sale.
What they do
Iliff Aircraft Repair & Service Co. is a Tulsa, OK repair station that repairs and overhauls aviation waste and water components, serving aircraft fleets including airlines.
From the company's website. Industry: Other Support Activities for Air Transportation.
Customers & suppliers
Suppliers & brands
- Boeing · brand it sells or installs
- Airbus · brand it sells or installs
- ATR · brand it sells or installs
- Embraer · brand it sells or installs
- CRJ · brand it sells or installs
- Bombardier · brand it sells or installs
- Fokker · brand it sells or installs
Estimated value over time
▲ 2% 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 |
|---|---|---|
| ILIFF AIRCRAFT REPAIR & SERVICE CO., INC this business | $5.2M | — |
| TULSAIR BEECHCRAFT INC Tulsa · 37 employees | $18.7M | 0.1 mi |
| LUFTHANSA TECHNIK NORTH AMERICA HOLDING CORPORATION Tulsa | $107.3M | 0.5 mi |
| PREMIER JET CENTER, INC. Tulsa · 12 employees | $4.0M | 0.7 mi |
| AIRFLOW SOLUTIONS, LLC Tulsa · 20 employees | $8.4M | 3.5 mi |
| PRO-TECH AEROSERVICES INC. Tulsa · 6 employees | $3.1M | 4.0 mi |
| AMAZING GRACE GENERAL MAINTENANCE CO INC Tulsa · 1 employees | $389K | 5.6 mi |
The full calculation
| Employees reported to the SBA | 15 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.4M |
| Estimate: the two combined (geometric mean) | $5.2M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $558K |
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 | 3.9× |
| Value range | $1.1M – $3.0M |
| Revenue range | $3.4M – $5.9M |
| EBITDA range | $367K – $636K |
| Industry (NAICS) | Other Support Activities for Air Transportation (488190) |
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
- BankingProsperity 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
| Prosperity Bank PPP 2020, PPP 2021 | All 748 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $166K | 15 |
| 1/27/2021 | second | $166K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Iliff Aircraft Repair & Service Co., Inc
Iliff Aircraft Repair & Service Co., Inc is an other support activities for air transportation company in Tulsa, Oklahoma, in business since 1964. It is owned by Brent Wells (President). Its estimated annual revenue is about $5.2M, with roughly $558K of EBITDA. It has about 15 employees. Its estimated business value is $2.2M (likely range $1.1M–$3.0M).
Common questions
- Who owns Iliff Aircraft Repair & Service Co., Inc?
- Iliff Aircraft Repair & Service Co., Inc is owned by Brent Wells (President), according to public sources such as the company's website or filings.
- How much revenue does Iliff Aircraft Repair & Service Co., Inc make?
- SeeBITDA estimates Iliff Aircraft Repair & Service Co., Inc's annual revenue at about $5.2M (likely between $3.4M and $5.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Iliff Aircraft Repair & Service Co., Inc worth?
- About $2.2M, roughly 3.9× its estimated EBITDA of $558K, typical for a other support activities for air transportation company its size. Likely range: $1.1M–$3.0M.
- How many employees does Iliff Aircraft Repair & Service Co., Inc have?
- About 15, as reported on its PPP loan.
- When was Iliff Aircraft Repair & Service Co., Inc founded?
- Iliff Aircraft Repair & Service Co., Inc has been in business since 1964.