Kinnunen Sales & Rental Inc
How we got $50.6M
Based on its 60 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▼ 13% 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
▼ 30% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 60 | $19.1M |
| 2020 | Form 5500 | 43 | $13.7M |
| 2021 | Form 5500 | 40 | $12.7M |
| 2022 | Form 5500 | 42 | $13.4M |
| 2023 | Form 5500 | 44 | $14.0M |
| 2024 | Form 5500 | 45 | $14.3M |
| 2025 | Form 5500 | 42 | $13.4M |
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.
What we know
Signs of a sale Unlikely to sell soon
- In business 23 years (since 2003)
From public records and the company's website, not a statement that it's for sale.
What they do
Kinnunen Sales & Rental Inc is a business with stores in Stillwater and Enid, Oklahoma, offering tools, equipment and supplies along with rentals, parts and service requests.
From the company's website. Industry: Other Commercial and Industrial Machinery and Equipment Rental and Leasing.
Customers & suppliers
Suppliers & brands
- 3M · brand it sells or installs
- Avery · brand it sells or installs
- Canon · brand it sells or installs
- Hewlett Packard · brand it sells or installs
- Samsung · brand it sells or installs
- Scotch · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| KINNUNEN SALES & RENTAL INC this business | $28.3M | — |
| MJ RENTAL AND REPAIR, LLC Stillwater · 2 employees | $631K | 2.1 mi |
| LONGHORN ENERGY, LLC Stillwater · 1 employees | $775K | 4.3 mi |
| Filthy Grip Co Perry | $3.0M | 17.6 mi |
| 5G OILFIELD COMPANY LLC Cushing · 17 employees | $11.6M | 18.5 mi |
| BRONCO EQUIPMENT RENTAL & SALES LLC Cushing · 7 employees | $3.0M | 19.2 mi |
| BIG G EQUIPMENT RENTAL CORP. Guthrie · 3 employees | $2.0M | 30.7 mi |
The full calculation
| Employees reported to the SBA | 60 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $24.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $25.3M |
| Estimate: the two combined (geometric mean) | $28.3M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $7.8M |
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 | $50.6M |
| Multiple for this size and industry | 6.5× |
| Value range | $26.6M – $69.3M |
| Revenue range | $18.6M – $32.3M |
| EBITDA range | $5.1M – $8.9M |
| Industry (NAICS) | Other Commercial and Industrial Machinery and Equipment Rental and Leasing (532490) |
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
- BankingSimmons 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
| Simmons Bank PPP 2020 | All 789 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $730K | 60 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Kinnunen Sales & Rental Inc
Kinnunen Sales & Rental Inc is an other commercial and industrial machinery and equipment rental and leasing company in Stillwater, Oklahoma, in business since 2003. Its estimated annual revenue is about $28.3M, with roughly $7.8M of EBITDA. It has about 42 employees. Its estimated business value is $50.6M (likely range $26.6M–$69.3M).
Common questions
- Who owns Kinnunen Sales & Rental Inc?
- The owner of Kinnunen Sales & Rental 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 Kinnunen Sales & Rental Inc make?
- SeeBITDA estimates Kinnunen Sales & Rental Inc's annual revenue at about $28.3M (likely between $18.6M and $32.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Kinnunen Sales & Rental Inc worth?
- About $50.6M, roughly 6.5× its estimated EBITDA of $7.8M, typical for a other commercial and industrial machinery and equipment rental and leasing company its size. Likely range: $26.6M–$69.3M.
- How many employees does Kinnunen Sales & Rental Inc have?
- About 42, from its 2025 retirement-plan filing.
- When was Kinnunen Sales & Rental Inc founded?
- Kinnunen Sales & Rental Inc has been in business since 2003.