Love's Hvac and Refrigeration, Inc.
How we got $246K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Love's HVAC and Refrigeration is a locally and family-owned, fully licensed and insured HVAC company serving homes and businesses in the Shawnee, OK area with heating, cooling, ductwork, air quality, commercial refrigeration, installation and maintenance services.
From the company's website. Industry: Plumbing, heating & air.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- BENNETT CONSTRUCTION, INC. · Oklahoma City, 39 mi · $790.9M
- SHAW HOMES, INC. · Broken Arrow, 80 mi · $240.2M
- H.C. EMPLOYEES LLC · Moore, 34 mi · $196.4M
- FUENTES CONCRETE CONSTRUCTION · Edmond, 48 mi · $177.4M
- IDEAL HOMES OF NORMAN, LP · Norman, 32 mi · $163.9M
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 |
|---|---|---|
| LOVE'S HVAC AND REFRIGERATION, INC. this business | $959K | — |
| SPARKS HEAT & AIR, INC. Shawnee · 8 employees | $2.4M | 1.6 mi |
| Cactus Plumbing Shawnee | $1.8M | 2.4 mi |
| Dale's Plumbing and Rooter Service Tecumseh | $1.8M | 3.0 mi |
| KENNEDY PLUMBING LLC Tecumseh · 1 employees | $235K | 3.1 mi |
| Anytime Quality Plumbing Shawnee | $1.8M | 3.5 mi |
| FULL SPEED ELECTRIC LLC Tecumseh · 2 employees | $360K | 3.5 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) | $912K |
| Estimate: the two combined (geometric mean) | $959K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $123K |
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 | $246K |
| Multiple for this size and industry | 2× |
| Value range | $130K – $337K |
| Revenue range | $631K – $1.1M |
| EBITDA range | $81K – $140K |
| 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
History & advisors
Advisors
- BankingFirst United Bank and Trust CompanyPPP / 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 United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $27K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Love's Hvac and Refrigeration, Inc.
Love's Hvac and Refrigeration, Inc. is a plumbing, heating & air company in Shawnee, Oklahoma. Its estimated annual revenue is about $959K, with roughly $123K of EBITDA. It has about 3 employees. Its estimated business value is $246K (likely range $130K–$337K).
Common questions
- Who owns Love's Hvac and Refrigeration, Inc.?
- The owner of Love's Hvac and Refrigeration, 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 Love's Hvac and Refrigeration, Inc. make?
- SeeBITDA estimates Love's Hvac and Refrigeration, Inc.'s annual revenue at about $959K (likely between $631K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Love's Hvac and Refrigeration, Inc. worth?
- About $246K, roughly 2× its estimated EBITDA of $123K, typical for a plumbing, heating & air company its size. Likely range: $130K–$337K.
- How many employees does Love's Hvac and Refrigeration, Inc. have?
- About 3, as reported on its PPP loan.