Koda Services, Inc.
How we got $6.6M
Based on its 34 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 22 years (since 2004)
From public records and the company's website, not a statement that it's for sale.
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 |
|---|---|---|
| KODA SERVICES, INC. this business | $12.9M | — |
| ULTIMATE SAFETY & SUPPLY LLC Woodward · 5 employees | $3.5M | 0.6 mi |
| APEX MACHINE & TOOL INC Woodward · 6 employees | $1.4M | 0.7 mi |
| COMSTOCK OILFIELD SUPPLY, INC. Woodward · 11 employees | $7.6M | 0.7 mi |
| VESCO, INC Woodward · 42 employees | $31.0M | 0.7 mi |
| MID AMERICA PAINTERS, INC Woodward · 24 employees | $3.9M | 0.8 mi |
| NORTHWEST BEARING & INDUSTRIAL SUPPLY INC Woodward · 9 employees | $7.0M | 0.9 mi |
The full calculation
| Employees reported to the SBA | 34 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $17.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.5M |
| Estimate: the two combined (geometric mean) | $12.9M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.4M |
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 | $6.6M |
| Multiple for this size and industry | 4.7× |
| Value range | $3.5M – $9.1M |
| Revenue range | $8.5M – $14.7M |
| EBITDA range | $926K – $1.6M |
| Industry (NAICS) | Small Electrical Appliance Manufacturing (335210) |
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. 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
- BankingStride Bank, National Association, Great Plains National 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
| Great Plains National Bank PPP 2021 | All 1,112 borrowers → |
| Stride Bank, National Association PPP 2020 | All 504 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $162K | 34 |
| 2/11/2021 | second | $162K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Koda Services, Inc.
Koda Services, Inc. is a small electrical appliance manufacturing company in Woodward, Oklahoma, in business since 2004. It is owned by Marty Weder (President CEO). Its estimated annual revenue is about $12.9M, with roughly $1.4M of EBITDA. It has about 34 employees. Its estimated business value is $6.6M (likely range $3.5M–$9.1M).
Common questions
- Who owns Koda Services, Inc.?
- Koda Services, Inc. is owned by Marty Weder (President CEO), according to public sources such as the company's website or filings.
- How much revenue does Koda Services, Inc. make?
- SeeBITDA estimates Koda Services, Inc.'s annual revenue at about $12.9M (likely between $8.5M and $14.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Koda Services, Inc. worth?
- About $6.6M, roughly 4.7× its estimated EBITDA of $1.4M, typical for a small electrical appliance manufacturing company its size. Likely range: $3.5M–$9.1M.
- How many employees does Koda Services, Inc. have?
- About 34, as reported on its PPP loan.
- When was Koda Services, Inc. founded?
- Koda Services, Inc. has been in business since 2004.