Magnesium Products Inc
How we got $2.7M
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 35% 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
▼ 14% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 7 | $5.4M |
| 2020 | Form 5500 | 6 | $4.7M |
| 2021 | Form 5500 | 6 | $4.7M |
| 2022 | Form 5500 | 6 | $4.7M |
| 2023 | Form 5500 | 6 | $4.7M |
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 |
|---|---|---|
| MAGNESIUM PRODUCTS INC this business | $5.5M | — |
| BRAINERD CHEMICAL CO INC Tulsa · 62 employees | $128.8M | 6.7 mi |
| OIL CAPITAL LAND & EXPLORATION Tulsa · 1 employees | $1.8M | 6.7 mi |
| LONE STAR SPECIALTY PRODUCTS LLC Tulsa · 37 employees | $48.2M | 6.9 mi |
| STOUGHCOOL, LLC Owasso | $12.9M | 19.5 mi |
| ADVANCE RESEARCH CHEMICALS Catoosa · 120 employees | $216.6M | 20.0 mi |
| BSMK, INCORPORATED Chelsea · 5 employees | $11.6M | 47.0 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.7M |
| Estimate: the two combined (geometric mean) | $5.5M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $707K |
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 | $2.7M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.4M – $3.7M |
| Revenue range | $3.6M – $6.2M |
| EBITDA range | $465K – $806K |
| Industry (NAICS) | Other Basic Inorganic Chemical Manufacturing (325180) |
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
- BankingCrossFirst 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
| CrossFirst Bank PPP 2020, PPP 2021 | All 299 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $107K | 7 |
| 1/30/2021 | second | $107K | 7 |
About Magnesium Products Inc
Magnesium Products Inc is an other basic inorganic chemical manufacturing company in Tulsa, Oklahoma. Its estimated annual revenue is about $5.5M, with roughly $707K of EBITDA. It has about 6 employees. Its estimated business value is $2.7M (likely range $1.4M–$3.7M).
Common questions
- Who owns Magnesium Products Inc?
- The owner of Magnesium Products 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 Magnesium Products Inc make?
- SeeBITDA estimates Magnesium Products Inc's annual revenue at about $5.5M (likely between $3.6M and $6.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Magnesium Products Inc worth?
- About $2.7M, roughly 3.8× its estimated EBITDA of $707K, typical for a other basic inorganic chemical manufacturing company its size. Likely range: $1.4M–$3.7M.
- How many employees does Magnesium Products Inc have?
- About 6, from its 2023 retirement-plan filing.