Mcg Equipment, LLC
How we got $8.2M
Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▼ 13% 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 |
|---|---|---|
| MCG EQUIPMENT, LLC this business | $5.4M | — |
| A RENTAL COMPANY Weatherford · 9 employees | $4.0M | 3.5 mi |
| HUGHES SPECIALTY TOOLS, INC. Foss · 13 employees | $5.6M | 30.3 mi |
| TLC RENTALS INC Canute · 12 employees | $4.3M | 35.9 mi |
| TROY JONES RENTALS, INC. Elk City · 4 employees | $2.6M | 43.2 mi |
| LUBRIFLANGE, LLC Elk City · 27 employees | $14.7M | 44.5 mi |
| WBC RENTAL CENTER Kingfisher · 8 employees | $3.8M | 46.4 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.7M |
| Estimate: the two combined (geometric mean) | $5.4M |
| EBITDA margin (industry, adjusted for size) | 34% |
| 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 | $8.2M |
| Multiple for this size and industry | 4.5× |
| Value range | $4.3M – $11.2M |
| Revenue range | $3.6M – $6.2M |
| EBITDA range | $1.2M – $2.1M |
| Industry (NAICS) | Other Commercial and Industrial Machinery and Equipment Rental and Leasing (532490) |
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 Bank and Trust of Memphis, Bank of HydroPPP / 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 Roles are as stated there and may be out of date.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
| Bank of Hydro PPP 2021 | All 155 borrowers → |
| First Bank and Trust of Memphis PPP 2020 | All 78 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 | $135K | 10 |
| 2/22/2021 | second | $133K | 13 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Mcg Equipment, LLC
Mcg Equipment, LLC is an other commercial and industrial machinery and equipment rental and leasing company in Weatherford, Oklahoma, in business since 2017. Its estimated annual revenue is about $5.4M, with roughly $1.8M of EBITDA. It has about 13 employees. Its estimated business value is $8.2M (likely range $4.3M–$11.2M).
Common questions
- Who owns Mcg Equipment, LLC?
- The owner of Mcg Equipment, LLC 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 Mcg Equipment, LLC make?
- SeeBITDA estimates Mcg Equipment, LLC's annual revenue at about $5.4M (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 Mcg Equipment, LLC worth?
- About $8.2M, roughly 4.5× its estimated EBITDA of $1.8M, typical for a other commercial and industrial machinery and equipment rental and leasing company its size. Likely range: $4.3M–$11.2M.
- How many employees does Mcg Equipment, LLC have?
- About 13, as reported on its PPP loan.
- When was Mcg Equipment, LLC founded?
- Mcg Equipment, LLC has been in business since 2017.