It-Re Inc
- Jay FournierVP & Sales Manager · Company website
- Terri TullisOperations Manager · Company website
How we got $3.4M
Based on its 15 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 45% 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 Unlikely to sell soon
- In business 19 years (since 2007)
From public records and the company's website, not a statement that it's for sale.
What they do
IT-Re is an IT asset recovery and recycling company that provides asset disposal, secure data erasure, and environmentally responsible recycling for businesses, schools, hospitals and government agencies.
From the company's website. Industry: Materials Recovery Facilities.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- OKLAHOMA BAPTIST UNIVERSITY · Shawnee, 34 mi · $76.0M
- SOUTHERN NAZARENE UNIVERSITY · Bethany, 7 mi · $72.1M
- OKLAHOMA CHRISTIAN UNIVERSITY, INC. - NONPROFIT (NO BUSINESS · Oklahoma City, 7 mi · $69.6M
- SANTA FE SOUTH SCHOOLS, INC. · Oklahoma City, 7 mi · $58.3M
- DOVE SCHOOLS INC. · Oklahoma City, 3 mi · $44.0M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| IT-RE INC this business | $6.8M | — |
| ServiceMaster Restoration by RSI Oklahoma City | $5.9M | 0.5 mi |
| MAJUR FREIGHT INC. Oklahoma City · 20 employees | $4.5M | 1.5 mi |
| JDG ENVIRONMENTAL LLC Oklahoma City · 10 employees | $2.9M | 1.7 mi |
| MIRAGE INTERNATIONAL INC Oklahoma City · 9 employees | $2.1M | 2.3 mi |
| Bio-Sheen Services Oklahoma City | $2.0M | 3.2 mi |
| Foster Septic Tank Cleaning Oklahoma City | $2.7M | 4.8 mi |
The full calculation
| Employees reported to the SBA | 15 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.8M |
| Estimate: the two combined (geometric mean) | $6.8M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $880K |
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 | $3.4M |
| Multiple for this size and industry | 3.9× |
| Value range | $1.8M – $4.7M |
| Revenue range | $4.5M – $7.8M |
| EBITDA range | $579K – $1.0M |
| Industry (NAICS) | Materials Recovery Facilities (562920) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingBOKF, National Association, BancFirstPPP / 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
| BancFirst 7(a) 2025 | All 7,048 borrowers → |
| BOKF, National Association PPP 2020 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $104K | 15 |
Public records
| Dec 2024 | 7(a) | $91K |
| Dec 2024 | 7(a) | $85K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About It-Re Inc
It-Re Inc is a materials recovery facilities company in Oklahoma City, Oklahoma, in business since 2007. It is owned by John Megehee (President & CEO). Its estimated annual revenue is about $6.8M, with roughly $880K of EBITDA. It has about 15 employees. Its estimated business value is $3.4M (likely range $1.8M–$4.7M).
Common questions
- Who owns It-Re Inc?
- It-Re Inc is owned by John Megehee (President & CEO), according to public sources such as the company's website or filings.
- How much revenue does It-Re Inc make?
- SeeBITDA estimates It-Re Inc's annual revenue at about $6.8M (likely between $4.5M and $7.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is It-Re Inc worth?
- About $3.4M, roughly 3.9× its estimated EBITDA of $880K, typical for a materials recovery facilities company its size. Likely range: $1.8M–$4.7M.
- How many employees does It-Re Inc have?
- About 15, as reported on its PPP loan.
- When was It-Re Inc founded?
- It-Re Inc has been in business since 2007.