Lockhart Air Care, LLC
How we got $191K
Based on its 3 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 |
|---|---|---|
| LOCKHART AIR CARE, LLC this business | $745K | — |
| PLUMB-TECH INC Oklahoma City · 10 employees | $2.5M | 0.5 mi |
| DRO, LLC Oklahoma City · 29 employees | $9.2M | 1.4 mi |
| EPCO MECHANICAL, INC Oklahoma City · 5 employees | $1.7M | 1.6 mi |
| HARRIS SOONER ELECTRIC SERVICE INC Choctaw · 7 employees | $2.0M | 1.8 mi |
| Perfection Electric Oklahoma City | $1.8M | 1.9 mi |
| INSIGHT ELECTRIC LLC Oklahoma City · 6 employees | $1.3M | 1.9 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $776K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $550K |
| Estimate: the two combined (geometric mean) | $745K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $96K |
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 | $191K |
| Multiple for this size and industry | 2× |
| Value range | $101K – $261K |
| Revenue range | $490K – $849K |
| EBITDA range | $63K – $109K |
| 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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $16K | 3 |
About Lockhart Air Care, LLC
Lockhart Air Care, LLC is a plumbing, heating & air company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $745K, with roughly $96K of EBITDA. It has about 3 employees. Its estimated business value is $191K (likely range $101K–$261K).
Common questions
- Who owns Lockhart Air Care, LLC?
- The owner of Lockhart Air Care, 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 Lockhart Air Care, LLC make?
- SeeBITDA estimates Lockhart Air Care, LLC's annual revenue at about $745K (likely between $490K and $849K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lockhart Air Care, LLC worth?
- About $191K, roughly 2× its estimated EBITDA of $96K, typical for a plumbing, heating & air company its size. Likely range: $101K–$261K.
- How many employees does Lockhart Air Care, LLC have?
- About 3, as reported on its PPP loan.