Kt Plastics, Inc.
How we got $256.9M
Based on 250 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Signs of a sale Some signs of a sale
- In business 37 years (since 1989)
From public records and the company's website, not a statement that it's for sale.
What they do
KT Plastics, Inc. is a custom plastic molding and fabrication business in Calera, Oklahoma, specializing in custom sealing solutions with a range of molding, machining and coating services.
From the company's website. Industry: Plastics Material and Resin Manufacturing.
Customers & suppliers
Suppliers & brands
- AVES Industries · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- DANWELL COMPANIES. LLC · Durant, 8 mi · $8.1M
- RAGGED EDGE RANCH LLC · Kingston, 17 mi · $6.1M
- WHITETAIL TREE FARM, LLC · Pauls Valley, 68 mi · $6.0M
- DUFUR LAND AND CATTLE COMPANY, LLC · Caddo, 20 mi · $5.6M
- RIVER OAKS FARMS , INC · Sulphur, 53 mi · $5.6M
- BLACKBURN ENVIRONMENTAL LLC · Durant, 9 mi · $11.2M
- SOUTHERN DISPOSAL, INC · Antlers, 51 mi · $8.1M
- DILLON ENVIRONMENTAL SERVICES LLC · Ardmore, 45 mi · $7.8M
- BOKCHITO SANITATION & ENTERPRISES INC · Bokchito, 19 mi · $5.7M
- A-CLEAN ENVIRONMENT, INC. · Wilson, 59 mi · $5.5M
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
▼ 93% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 250 | $317.6M |
| 2020 | Form 5500 | 17 | $21.6M |
| 2021 | Form 5500 | 14 | $17.8M |
| 2022 | Form 5500 | 16 | $20.3M |
| 2023 | Form 5500 | 19 | $24.1M |
| 2024 | Form 5500 | 13 | $16.5M |
| 2025 | Form 5500 | 17 | $21.6M |
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 |
|---|---|---|
| KT PLASTICS, INC. this business | $326.4M | — |
| TETRACHEM SEAL COMPANY, INC. Durant · 11 employees | $12.0M | 5.7 mi |
| DURANT PLASTICS AND MANUFACTURING INC. Durant · 4 employees | $6.9M | 8.7 mi |
| FIBRE REDUCTION, INC. Ardmore · 1 employees | $1.9M | 42.6 mi |
The full calculation
| Employees reported to the SBA | 250 |
| Industry revenue per employee | $1.3M |
| Revenue = employees × revenue per employee | $326.4M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $30.2M |
| Cross-check: revenue implied by PPP payroll | $19.5M |
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 | $256.9M |
| Multiple for this size and industry | 8.5× |
| Value range | $121.6M – $364.8M |
| Revenue range | $193.1M – $386.2M |
| EBITDA range | $17.9M – $35.8M |
| Industry (NAICS) | Plastics Material and Resin Manufacturing (325211) |
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
“Established in January 1989, KT Plastics, Inc. started out as a compression molding plastic business with a full-service machine shop.”
Leadership
- FBFaye BoydstunSigned for the company · 2023 retirement-plan filing (Form 5500)
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, PPP 2021 | 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 |
|---|---|---|---|
| 4/8/2020 | first | $201K | 250 |
| 1/28/2021 | second | $193K | 18 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Kt Plastics, Inc.
Kt Plastics, Inc. is a plastics material and resin manufacturing company in Calera, Oklahoma, in business since 1989. Its estimated annual revenue is about $326.4M, with roughly $30.2M of EBITDA. It has about 17 employees. Its estimated business value is $256.9M (likely range $121.6M–$364.8M).
Common questions
- Who owns Kt Plastics, Inc.?
- The owner of Kt Plastics, 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 Kt Plastics, Inc. make?
- SeeBITDA estimates Kt Plastics, Inc.'s annual revenue at about $326.4M (likely between $193.1M and $386.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Kt Plastics, Inc. worth?
- About $256.9M, roughly 8.5× its estimated EBITDA of $30.2M, typical for a plastics material and resin manufacturing company its size. Likely range: $121.6M–$364.8M.
- How many employees does Kt Plastics, Inc. have?
- About 17, from its 2025 retirement-plan filing.
- When was Kt Plastics, Inc. founded?
- Kt Plastics, Inc. has been in business since 1989.