Limco Airepair Inc
- Pete EdwardsCfo · Web search
- Mary DowdyV.P./Chief Financial Officer · Web search
How we got $42.3M
Based on its 170 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 59% 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.
What we know
Customers & suppliers
Customers
- Department of the Navy · federal contracts $2.5M
- Defense Logistics Agency · federal contracts $1.8M
- Department of the Air Force · federal contracts $736K
- Department of the Army · federal contracts $-724K
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LIMCO AIREPAIR INC this business | $68.2M | — |
| SPECIFIC SYSTEMS, LLC Tulsa · 73 employees | $33.5M | 1.4 mi |
| FRONTIER REFRIDERATION LLC Tulsa · 9 employees | $4.7M | 2.3 mi |
| HEATER FABRICTORS OF TULSA, LLC Tulsa · 157 employees | $76.2M | 2.7 mi |
| Aaon, Inc. Tulsa | $1.44B | 3.1 mi |
| Technotherm Corporation Tulsa | $1.1M | 3.1 mi |
| FIRSTLINE FILTERS, LLC Tulsa · 16 employees | $3.6M | 3.1 mi |
The full calculation
| Employees reported to the SBA | 170 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $61.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $58.6M |
| Estimate: the two combined (geometric mean) | $68.2M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $6.2M |
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 | $42.3M |
| Multiple for this size and industry | 6.8× |
| Value range | $22.3M – $57.9M |
| Revenue range | $44.9M – $77.8M |
| EBITDA range | $4.1M – $7.1M |
| Industry (NAICS) | Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415) |
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
- BankingValley 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
| Valley National Bank PPP 2020 | All 2 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $1.7M | 170 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Limco Airepair Inc
Limco Airepair Inc is an air-conditioning and warm air heating equipment and commercial and industrial refrigeration equipment manufacturing company in Tulsa, Oklahoma. It is owned by Robert (Bob) Koch (President). Its estimated annual revenue is about $68.2M, with roughly $6.2M of EBITDA. It has about 170 employees. Its estimated business value is $42.3M (likely range $22.3M–$57.9M).
Common questions
- Who owns Limco Airepair Inc?
- Limco Airepair Inc is owned by Robert (Bob) Koch (President), according to public sources such as the company's website or filings.
- How much revenue does Limco Airepair Inc make?
- SeeBITDA estimates Limco Airepair Inc's annual revenue at about $68.2M (likely between $44.9M and $77.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Limco Airepair Inc worth?
- About $42.3M, roughly 6.8× its estimated EBITDA of $6.2M, typical for a air-conditioning and warm air heating equipment and commercial and industrial refrigeration equipment manufacturing company its size. Likely range: $22.3M–$57.9M.
- How many employees does Limco Airepair Inc have?
- About 170, as reported on its PPP loan.