J&i Manufacturing Incorporated
How we got $233.0M
Based on 250 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 24% 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
▼ 80% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 250 | $371.1M |
| 2020 | Form 5500 | 45 | $66.8M |
| 2021 | Form 5500 | 47 | $69.8M |
| 2022 | Form 5500 | 45 | $66.8M |
| 2023 | Form 5500 | 43 | $63.8M |
| 2024 | Form 5500 | 42 | $62.3M |
| 2025 | Form 5500 | 51 | $75.7M |
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 |
|---|---|---|
| J&I MANUFACTURING INCORPORATED this business | $467.8M | — |
| TRIPLE T SALVAGE INCORPORATED Cartwright · 2 employees | $4.5M | 20.3 mi |
| DURANT IRON AND METAL, INC. Durant · 25 employees | $33.0M | 25.4 mi |
| STANDRIDGE STEEL, INC Pauls Valley · 5 employees | $7.5M | 53.0 mi |
| STEELCO, INC. Paoli · 14 employees | $16.5M | 59.6 mi |
The full calculation
| Employees reported to the SBA | 250 |
| Industry revenue per employee | $1.5M |
| Revenue = employees × revenue per employee | $467.8M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $28.8M |
| Cross-check: revenue implied by PPP payroll | $65.6M |
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 | $233.0M |
| Multiple for this size and industry | 8.1× |
| Value range | $110.3M – $330.9M |
| Revenue range | $276.7M – $553.5M |
| EBITDA range | $17.0M – $34.0M |
| Industry (NAICS) | Metal Service Centers and Other Metal Merchant Wholesalers (423510) |
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: 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
- BankingFirst United Bank and Trust CompanyPPP / 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 United Bank and Trust Company PPP 2020 | All 2,229 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 | $619K | 250 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About J&i Manufacturing Incorporated
J&i Manufacturing Incorporated is a metal service centers and other metal merchant wholesalers company in Madill, Oklahoma. It is owned by James H Williams (Key Principal). Its estimated annual revenue is about $467.8M, with roughly $28.8M of EBITDA. It has about 51 employees. Its estimated business value is $233.0M (likely range $110.3M–$330.9M).
Common questions
- Who owns J&i Manufacturing Incorporated?
- J&i Manufacturing Incorporated is owned by James H Williams (Key Principal), according to public sources such as the company's website or filings.
- How much revenue does J&i Manufacturing Incorporated make?
- SeeBITDA estimates J&i Manufacturing Incorporated's annual revenue at about $467.8M (likely between $276.7M and $553.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is J&i Manufacturing Incorporated worth?
- About $233.0M, roughly 8.1× its estimated EBITDA of $28.8M, typical for a metal service centers and other metal merchant wholesalers company its size. Likely range: $110.3M–$330.9M.
- How many employees does J&i Manufacturing Incorporated have?
- About 51, from its 2025 retirement-plan filing.