Mccabe Industrial Minerals Inc
How we got $6.4M
Based on its 19 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 27 years (since 1999)
- Headcount down 36% since 2020 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 8% 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
▼ 53% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 19 | $5.0M |
| 2020 | Form 5500 | 14 | $3.7M |
| 2021 | Form 5500 | 8 | $2.1M |
| 2022 | Form 5500 | 8 | $2.1M |
| 2023 | Form 5500 | 9 | $2.4M |
| 2024 | Form 5500 | 9 | $2.4M |
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 |
|---|---|---|
| MCCABE INDUSTRIAL MINERALS INC this business | $6.4M | — |
| ClearSign Technologies Corporation Tulsa | $5.2M | 1.0 mi |
| Petro-chem Development Co., Inc. Tulsa | $1.5M | 1.2 mi |
| National Oilwell Tulsa | $1.5M | 1.2 mi |
| Pabco Energy Inc Tulsa | $1.5M | 1.4 mi |
| EDWARD A EMERY TRUST Tulsa · 5 employees | $2.3M | 1.5 mi |
| Key Energy Services Tulsa | $1.5M | 1.7 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.9M |
| Estimate: the two combined (geometric mean) | $6.4M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $1.8M |
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 | $6.4M |
| Multiple for this size and industry | 3.6× |
| Value range | $3.4M – $8.8M |
| Revenue range | $4.2M – $7.4M |
| EBITDA range | $1.2M – $2.0M |
| Industry (NAICS) | Support Activities for Nonmetallic Minerals (except Fuels) Mining (213115) |
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
People & advisors
Advisors
- BankingFirst Oklahoma 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
| First Oklahoma Bank PPP 2020 | All 695 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/16/2020 | first | $142K | 19 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Mccabe Industrial Minerals Inc
Mccabe Industrial Minerals Inc is a support activities for nonmetallic minerals (except fuels) mining company in Tulsa, Oklahoma, in business since 1999. It is owned by Verne McCabe (President). Its estimated annual revenue is about $6.4M, with roughly $1.8M of EBITDA. It has about 9 employees. Its estimated business value is $6.4M (likely range $3.4M–$8.8M).
Common questions
- Who owns Mccabe Industrial Minerals Inc?
- Mccabe Industrial Minerals Inc is owned by Verne McCabe (President), according to public sources such as the company's website or filings.
- How much revenue does Mccabe Industrial Minerals Inc make?
- SeeBITDA estimates Mccabe Industrial Minerals Inc's annual revenue at about $6.4M (likely between $4.2M and $7.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mccabe Industrial Minerals Inc worth?
- About $6.4M, roughly 3.6× its estimated EBITDA of $1.8M, typical for a support activities for nonmetallic minerals (except fuels) mining company its size. Likely range: $3.4M–$8.8M.
- How many employees does Mccabe Industrial Minerals Inc have?
- About 9, from its 2024 retirement-plan filing.
- When was Mccabe Industrial Minerals Inc founded?
- Mccabe Industrial Minerals Inc has been in business since 1999.