Kool Foam LLC
How we got $656K
Based on its 4 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 19 years (since 2007)
From public records and the company's website, not a statement that it's for sale.
What they do
Kool Foam LLC is a locally owned spray foam insulation company in Enid, Oklahoma, serving homes, shops, barns, and commercial buildings across North Central Oklahoma.
From the company's website. Industry: Other Building Equipment Contractors.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- CEC CORPORATION · Oklahoma City, 60 mi · $77.9M
- C. H. GUERNSEY & COMPANY · Oklahoma City, 66 mi · $49.9M
- FUSION INDUSTRIES LLC · Edmond, 63 mi · $46.2M
- POE & ASSOCIATES · Oklahoma City, 67 mi · $29.7M
- SIOUX EROSION CONTROL INC · Weatherford, 72 mi · $22.0M
Estimated value over time
▲ 39% 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
▲ 0% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 4 | $1.3M |
| 2020 | Form 5500 | 3 | $945K |
| 2021 | Form 5500 | 3 | $945K |
| 2022 | Form 5500 | 5 | $1.6M |
| 2023 | Form 5500 | 6 | $1.9M |
| 2024 | Form 5500 | 4 | $1.3M |
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 |
|---|---|---|
| KOOL FOAM LLC this business | $2.5M | — |
| DRC ELECTRIC LLC Enid · 3 employees | $710K | 2.7 mi |
| Holcomb's Heating and Air Conditioning Enid | $1.8M | 3.2 mi |
| MR HANDY HOME SERVICES, LLC Enid · 2 employees | $372K | 4.1 mi |
| ALPINE MECHANICAL LLC Enid · 4 employees | $1.1M | 4.3 mi |
| BYRUM ELECTRIC LLC Enid · 23 employees | $5.7M | 4.3 mi |
| INSELMAN ELECTRIC CO., LLC Enid · 6 employees | $1.1M | 4.4 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.3M |
| Estimate: the two combined (geometric mean) | $2.5M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $285K |
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 | $656K |
| Multiple for this size and industry | 2.3× |
| Value range | $345K – $897K |
| Revenue range | $1.6M – $2.8M |
| EBITDA range | $188K – $325K |
| Industry (NAICS) | Other Building Equipment Contractors (238290) |
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
- BankingBancCentral, National Association, Stone Bank, BayFirst 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
| BancCentral, National Association PPP 2020, PPP 2021 | All 152 borrowers → |
| BayFirst National Bank 7(a) 2025 | All 47 borrowers → |
| Stone Bank 7(a) 2026 | All 3 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 | $42K | 4 |
| 2/24/2021 | second | $43K | 3 |
2 locations
| 8810 W WILLOW RD | Enid | This listing |
| 14828 Serenita Ave Ste 70 | Oklahoma City | View |
Revenue, profit and value are for the whole company.
Public records
| Feb 2026 | 7(a) | $250K |
| Jun 2025 | 7(a) | $150K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Kool Foam LLC
Kool Foam LLC is an other building equipment contractors company in Enid, Oklahoma, in business since 2007. Its estimated annual revenue is about $2.5M, with roughly $285K of EBITDA. It has about 4 employees. Its estimated business value is $656K (likely range $345K–$897K). It has 2 locations.
Common questions
- Who owns Kool Foam LLC?
- The owner of Kool Foam 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 Kool Foam LLC make?
- SeeBITDA estimates Kool Foam LLC's annual revenue at about $2.5M (likely between $1.6M and $2.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Kool Foam LLC worth?
- About $656K, roughly 2.3× its estimated EBITDA of $285K, typical for a other building equipment contractors company its size. Likely range: $345K–$897K.
- How many employees does Kool Foam LLC have?
- About 4, from its 2024 retirement-plan filing.
- When was Kool Foam LLC founded?
- Kool Foam LLC has been in business since 2007.