Lightning Heating, Air-Conditioning & Commercial Refrigerati
How we got $119K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| LIGHTNING HEATING, AIR-CONDITIONING & COMMERCIAL REFRIGERATI this business | $397K | — |
| Wilson Electric & Alarm Co. LLC Stillwater | $1.8M | 1.4 mi |
| ADVANTAGE PLUMBING HEATING AND COOLING, LLC Stillwater · 19 employees | $5.3M | 2.2 mi |
| ACE ELECTRIC LLC Stillwater · 4 employees | $1.3M | 2.7 mi |
| OVERHEAD DOOR CO. OF STILLWATER, L.L.C. Stillwater · 9 employees | $4.1M | 2.8 mi |
| L&B PLUMBING LLC Stillwater · 6 employees | $1.4M | 2.9 mi |
| ORANGE HEAT AND AIR LLC Stillwater · 1 employees | $390K | 3.1 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $259K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $469K |
| Estimate: the two combined (geometric mean) | $397K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $60K |
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 | $119K |
| Multiple for this size and industry | 2× |
| Value range | $63K – $163K |
| Revenue range | $261K – $453K |
| EBITDA range | $39K – $68K |
| 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
Advisors
- BankingRCB 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 Roles are as stated there and may be out of date.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
| RCB Bank PPP 2020 | All 1,690 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 | $14K | 1 |
About Lightning Heating, Air-Conditioning & Commercial Refrigerati
Lightning Heating, Air-Conditioning & Commercial Refrigerati is a plumbing, heating & air company in Stillwater, Oklahoma. Its estimated annual revenue is about $397K, with roughly $60K of EBITDA. It has about 1 employees. Its estimated business value is $119K (likely range $63K–$163K).
Common questions
- Who owns Lightning Heating, Air-Conditioning & Commercial Refrigerati?
- The owner of Lightning Heating, Air-Conditioning & Commercial Refrigerati 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 Lightning Heating, Air-Conditioning & Commercial Refrigerati make?
- SeeBITDA estimates Lightning Heating, Air-Conditioning & Commercial Refrigerati's annual revenue at about $397K (likely between $261K and $453K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lightning Heating, Air-Conditioning & Commercial Refrigerati worth?
- About $119K, roughly 2× its estimated EBITDA of $60K, typical for a plumbing, heating & air company its size. Likely range: $63K–$163K.
- How many employees does Lightning Heating, Air-Conditioning & Commercial Refrigerati have?
- About 1, as reported on its PPP loan.