James & Miller Welding, LLC
How we got $2.2M
Based on its 20 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 23% 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
▲ 395% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 20 | $5.1M |
| 2025 | Form 5500 | 99 | $25.3M |
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 |
|---|---|---|
| JAMES & MILLER WELDING, LLC this business | $8.4M | — |
| ISAM PAINTING & SANDBLASTING, INC. Tulsa · 6 employees | $2.2M | 0.3 mi |
| DYKON BLASTING CORP INC Tulsa · 90 employees | $30.9M | 0.4 mi |
| PLATINUM ABOVE GROUND POOLS LLC Tulsa · 8 employees | $3.3M | 1.4 mi |
| JP CONSTRUCTION INC Tulsa · 15 employees | $6.8M | 2.1 mi |
| NECK HERO INC Tulsa · 2 employees | $1.0M | 2.2 mi |
| All Star Fence Company Sapulpa | $2.0M | 2.6 mi |
The full calculation
| Employees reported to the SBA | 20 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.1M |
| Estimate: the two combined (geometric mean) | $8.4M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $780K |
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 | 2.8× |
| Value range | $1.1M – $3.0M |
| Revenue range | $5.5M – $9.5M |
| EBITDA range | $513K – $890K |
| Industry (NAICS) | All Other Specialty Trade Contractors (238990) |
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
History & advisors
Advisors
- BankingAmerican Heritage 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
| American Heritage Bank PPP 2020, PPP 2021 | All 446 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $197K | 20 |
| 1/23/2021 | second | $123K | 13 |
About James & Miller Welding, LLC
James & Miller Welding, LLC is a fencing, siding & exterior company in Tulsa, Oklahoma. Its estimated annual revenue is about $8.4M, with roughly $780K of EBITDA. It has about 99 employees. Its estimated business value is $2.2M (likely range $1.1M–$3.0M).
Common questions
- Who owns James & Miller Welding, LLC?
- The owner of James & Miller Welding, LLC 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 James & Miller Welding, LLC make?
- SeeBITDA estimates James & Miller Welding, LLC's annual revenue at about $8.4M (likely between $5.5M and $9.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is James & Miller Welding, LLC worth?
- About $2.2M, roughly 2.8× its estimated EBITDA of $780K, typical for a fencing, siding & exterior company its size. Likely range: $1.1M–$3.0M.
- How many employees does James & Miller Welding, LLC have?
- About 99, from its 2025 retirement-plan filing.