L&b Plumbing LLC
How we got $324K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Advantage Plumbing Heating and Cooling is a Stillwater, OK company providing plumbing, heating, cooling, electrical and indoor air quality services for homeowners and businesses, with 24-hour emergency service and 58 years in business.
From the company's website. Industry: Plumbing, heating & air.
Estimated value over time
▲ 36% 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 |
|---|---|---|
| L&B PLUMBING LLC this business | $1.4M | — |
| ORANGE HEAT AND AIR LLC Stillwater · 1 employees | $390K | 0.7 mi |
| FIELD ELECTRIC, INC Stillwater · 11 employees | $3.2M | 0.8 mi |
| ADVANTAGE PLUMBING HEATING AND COOLING, LLC Stillwater · 19 employees | $5.3M | 0.9 mi |
| Dane Electric Stillwater | $1.8M | 1.3 mi |
| HARRISON ELECTRIC OF STILLWATER INC Stillwater · 7 employees | $1.8M | 1.3 mi |
| OVERHEAD DOOR CO. OF STILLWATER, L.L.C. Stillwater · 9 employees | $4.1M | 1.3 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.1M |
| Estimate: the two combined (geometric mean) | $1.4M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $162K |
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 | $324K |
| Multiple for this size and industry | 2× |
| Value range | $170K – $443K |
| Revenue range | $917K – $1.6M |
| EBITDA range | $106K – $185K |
| Industry (NAICS) | Plumbing, Heating, and Air-Conditioning Contractors (238220) |
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
“For 50 years, Advantage Plumbing Heating and Cooling has continued to live up to our mission in service to Stillwater and the surrounding area.”
Advisors
- BankingArvest 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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $34K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About L&b Plumbing LLC
L&b Plumbing LLC is a plumbing, heating & air company in Stillwater, Oklahoma, in business since 2017. Its estimated annual revenue is about $1.4M, with roughly $162K of EBITDA. It has about 6 employees. Its estimated business value is $324K (likely range $170K–$443K).
Common questions
- Who owns L&b Plumbing LLC?
- The owner of L&b Plumbing 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 L&b Plumbing LLC make?
- SeeBITDA estimates L&b Plumbing LLC's annual revenue at about $1.4M (likely between $917K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is L&b Plumbing LLC worth?
- About $324K, roughly 2× its estimated EBITDA of $162K, typical for a plumbing, heating & air company its size. Likely range: $170K–$443K.
- How many employees does L&b Plumbing LLC have?
- About 6, as reported on its PPP loan.
- When was L&b Plumbing LLC founded?
- L&b Plumbing LLC has been in business since 2017.