M J & H Fabrication Inc.
How we got $13.1M
Based on its 63 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 19 years (since 2007)
- Headcount down 98% since 2021 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
What they do
M J & H Fabrication is a fabricator of vessels and towers, offering shop fabrication, field services and specialty fabrication with exotic alloys.
From the company's website. Industry: Metal Tank (Heavy Gauge) Manufacturing.
Estimated value over time
▲ 110% 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.
Employees over time
▼ 98% since 2021Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2021 | PPP loan | 63 | $21.3M |
| 2020 | Form 5500 | 40 | $13.5M |
| 2021 | Form 5500 | 42 | $14.2M |
| 2022 | Form 5500 | 42 | $14.2M |
| 2023 | Form 5500 | 42 | $14.2M |
| 2024 | Form 5500 | 24 | $8.1M |
| 2025 | Form 5500 | 1 | $338K |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| M J & H FABRICATION INC. this business | $36.7M | — |
| JAC SHELTER, LLC Ponca City · 12 employees | $6.8M | 1.1 mi |
| KAJ ENTERPRISES INC Ponca City · 2 employees | $547K | 1.6 mi |
| MOONLIGHT MACHINE, LLC Ponca City · 5 employees | $2.1M | 2.3 mi |
| CENTRAL SEAL COMPANY INC. Ponca City · 8 employees | $3.0M | 2.5 mi |
| ELITE OILFIELD SERVICE Blackwell · 4 employees | $2.0M | 10.2 mi |
| C JOHNSTONE CONSULTING LLC Newkirk · 5 employees | $1.9M | 10.9 mi |
The full calculation
| Employees reported to the SBA | 63 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $24.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $42.6M |
| Estimate: the two combined (geometric mean) | $36.7M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $3.2M |
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 | $13.1M |
| Multiple for this size and industry | 4.1× |
| Value range | $6.9M – $17.9M |
| Revenue range | $24.2M – $41.9M |
| EBITDA range | $2.1M – $3.6M |
| Industry (NAICS) | Metal Tank (Heavy Gauge) Manufacturing (332420) |
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. 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
- BankingEquity Bank, Newtek Small Business Finance, LLCPPP / 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
| Equity Bank PPP 2021 | All 375 borrowers → |
| Newtek Small Business Finance, Inc. 7(a) 2023 | All 45 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/12/2021 | second | $1.3M | 63 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About M J & H Fabrication Inc.
M J & H Fabrication Inc. is a metal tank (heavy gauge) manufacturing company in Ponca City, Oklahoma, in business since 2007. Its estimated annual revenue is about $36.7M, with roughly $3.2M of EBITDA. It has about 1 employees. Its estimated business value is $13.1M (likely range $6.9M–$17.9M).
Common questions
- Who owns M J & H Fabrication Inc.?
- The owner of M J & H Fabrication 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 M J & H Fabrication Inc. make?
- SeeBITDA estimates M J & H Fabrication Inc.'s annual revenue at about $36.7M (likely between $24.2M and $41.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is M J & H Fabrication Inc. worth?
- About $13.1M, roughly 4.1× its estimated EBITDA of $3.2M, typical for a metal tank (heavy gauge) manufacturing company its size. Likely range: $6.9M–$17.9M.
- How many employees does M J & H Fabrication Inc. have?
- About 1, from its 2025 retirement-plan filing.
- When was M J & H Fabrication Inc. founded?
- M J & H Fabrication Inc. has been in business since 2007.