Lightning Wings Inc
How we got $301K
Based on its 2 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 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
What they do
Lightning Wings is a Tulsa, OK business that sells sprint car and micro sprint wings and related trailer/pit accessories for dirt track racing, and offers powder coating.
From the company's website. Industry: Sheet Metal Work Manufacturing.
Estimated value over time
▲ 99% 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 WINGS INC this business | $733K | — |
| METALFORM, INC. Tulsa · 11 employees | $4.5M | 0.6 mi |
| ACCURATE MANUFACTURING INCORPORATED Tulsa · 38 employees | $27.2M | 1.1 mi |
| PROFESSIONAL FABRICATORS INC Tulsa · 28 employees | $23.3M | 1.1 mi |
| MIKE ALEXANDER COMPANY, INC. Tulsa · 39 employees | $28.1M | 1.1 mi |
| OVERHEAD DOOR OF TULSA RESIDENTIAL, INC. Tulsa · 44 employees | $16.9M | 3.3 mi |
| A-1 SHEET METAL, INC. Tulsa · 29 employees | $23.0M | 3.9 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $945K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $437K |
| Estimate: the two combined (geometric mean) | $733K |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $116K |
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 | $301K |
| Multiple for this size and industry | 2.6× |
| Value range | $158K – $411K |
| Revenue range | $482K – $836K |
| EBITDA range | $76K – $132K |
| Industry (NAICS) | Sheet Metal Work Manufacturing (332322) |
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, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingFirst Bank of OwassoPPP / 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 Bank of Owasso PPP 2020, PPP 2021 | All 426 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 | $11K | 2 |
| 2/4/2021 | second | $13K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Lightning Wings Inc
Lightning Wings Inc is a sheet metal work manufacturing company in Tulsa, Oklahoma, in business since 2002. Its estimated annual revenue is about $733K, with roughly $116K of EBITDA. It has about 2 employees. Its estimated business value is $301K (likely range $158K–$411K).
Common questions
- Who owns Lightning Wings Inc?
- The owner of Lightning Wings 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 Lightning Wings Inc make?
- SeeBITDA estimates Lightning Wings Inc's annual revenue at about $733K (likely between $482K and $836K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lightning Wings Inc worth?
- About $301K, roughly 2.6× its estimated EBITDA of $116K, typical for a sheet metal work manufacturing company its size. Likely range: $158K–$411K.
- How many employees does Lightning Wings Inc have?
- About 2, as reported on its PPP loan.
- When was Lightning Wings Inc founded?
- Lightning Wings Inc has been in business since 2002.