Maxwell Supply Company
How we got $18.5M
Based on its 35 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 68 years (since 1958)
From public records and the company's website, not a statement that it's for sale.
What they do
Maxwell Supply is a construction supply company with stores in Oklahoma City, Tulsa, Lawton and McAlester, offering tools, materials and job site essentials. Its site describes it as Oklahoma's leading construction supply company, in business since 1958.
From the company's website. Industry: Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers.
Customers & suppliers
Suppliers & brands
- Meadow Burke · brand it sells or installs
- Tencate Mirafi · brand it sells or installs
- Owens Corning · brand it sells or installs
- SureBuilt · brand it sells or installs
- Euclid Chemical · brand it sells or installs
- Solomon Color · brand it sells or installs
- SPecChem · brand it sells or installs
- W.R. Meadows · brand it sells or installs
- Generac Power Systems · brand it sells or installs
- Nucor Steel · brand it sells or installs
- Boss Manufacturing Company · brand it sells or installs
Estimated value over time
▲ 99% 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 |
|---|---|---|
| MAXWELL SUPPLY COMPANY this business | $59.3M | — |
| MID AMERICA RIGGING LLC Oklahoma City · 16 employees | $13.3M | 1.1 mi |
| American Hose & Supply Oklahoma City | $4.0M | 1.1 mi |
| All-Pro Fasteners Oklahoma City | $19.3M | 1.2 mi |
| La Car Tube Co Oklahoma City | $9.6M | 1.2 mi |
| Medley Equipment Company Oklahoma City | $6.1M | 1.2 mi |
| SMITH FARM AND GARDEN, INC Oklahoma City · 15 employees | $15.2M | 1.2 mi |
The full calculation
| Employees reported to the SBA | 35 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $37.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $71.3M |
| Estimate: the two combined (geometric mean) | $59.3M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $3.6M |
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 | $18.5M |
| Multiple for this size and industry | 5.2× |
| Value range | $9.7M – $25.3M |
| Revenue range | $39.0M – $67.6M |
| EBITDA range | $2.3M – $4.1M |
| Industry (NAICS) | Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers (423810) |
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
- BankingBOKF, 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
| BOKF, National Association PPP 2020 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $754K | 35 |
2 locations
| 3300 W Reno Ave. | Oklahoma City | This listing |
| 1809 SW 11th St | Lawton | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Maxwell Supply Company
Maxwell Supply Company is a construction and mining (except oil well) machinery and equipment merchant wholesalers company in Oklahoma City, Oklahoma, in business since 1958. It is owned by Jerry Thomason (Majority Owner). Its estimated annual revenue is about $59.3M, with roughly $3.6M of EBITDA. It has about 35 employees. Its estimated business value is $18.5M (likely range $9.7M–$25.3M). It has 2 locations.
Common questions
- Who owns Maxwell Supply Company?
- Maxwell Supply Company is owned by Jerry Thomason (Majority Owner), according to public sources such as the company's website or filings.
- How much revenue does Maxwell Supply Company make?
- SeeBITDA estimates Maxwell Supply Company's annual revenue at about $59.3M (likely between $39.0M and $67.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Maxwell Supply Company worth?
- About $18.5M, roughly 5.2× its estimated EBITDA of $3.6M, typical for a construction and mining (except oil well) machinery and equipment merchant wholesalers company its size. Likely range: $9.7M–$25.3M.
- How many employees does Maxwell Supply Company have?
- About 35, as reported on its PPP loan.
- When was Maxwell Supply Company founded?
- Maxwell Supply Company has been in business since 1958.