Lockard Aircraft Sal
How we got $298K
Based on its 2 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▼ 2% since 2021Today'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 |
|---|---|---|
| LOCKARD AIRCRAFT SAL this business | $750K | — |
| LOCKARD IMPORTING COMPANY, INC. Tulsa · 2 employees | $750K | 0.0 mi |
| JCB CORPORATION Tulsa · 8 employees | $2.9M | 4.9 mi |
| K.R.T. AVIAITON Tulsa · 5 employees | $1.4M | 5.3 mi |
| K.R.T. AVIATION LLC Tulsa · 5 employees | $1.4M | 5.3 mi |
| CAMTRONICS, LLC Tulsa · 50 employees | $21.8M | 5.3 mi |
| EATON THERMAL PRODUCTS, LLC Tulsa · 7 employees | $2.8M | 5.3 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $939K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $461K |
| Estimate: the two combined (geometric mean) | $750K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $115K |
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 | $298K |
| Multiple for this size and industry | 2.6× |
| Value range | $157K – $408K |
| Revenue range | $494K – $855K |
| EBITDA range | $76K – $131K |
| Industry (NAICS) | Other Support Activities for Air Transportation (488190) |
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
- BankingStride Bank, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| Stride Bank, National Association PPP 2021 | All 504 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/21/2021 | second | $11K | 2 |
About Lockard Aircraft Sal
Lockard Aircraft Sal is an other support activities for air transportation company in Tulsa, Oklahoma. Its estimated annual revenue is about $750K, with roughly $115K of EBITDA. It has about 2 employees. Its estimated business value is $298K (likely range $157K–$408K).
Common questions
- Who owns Lockard Aircraft Sal?
- The owner of Lockard Aircraft Sal 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 Lockard Aircraft Sal make?
- SeeBITDA estimates Lockard Aircraft Sal's annual revenue at about $750K (likely between $494K and $855K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lockard Aircraft Sal worth?
- About $298K, roughly 2.6× its estimated EBITDA of $115K, typical for a other support activities for air transportation company its size. Likely range: $157K–$408K.
- How many employees does Lockard Aircraft Sal have?
- About 2, as reported on its PPP loan.