Mid-America Chemical Inc.
How we got $743K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 78 years (since 1948)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Mid America Chemical sells technical, food and USP grade chemicals through an online shop, and describes itself as a trusted chemical source since 1948 with quick delivery and dedicated service.
From the company's website. Industry: Pharmacies.
Estimated value over time
▲ 24% 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 |
|---|---|---|
| MID-AMERICA CHEMICAL INC. this business | $3.7M | — |
| LASSITER ENTERPRISES INC. Oklahoma City · 19 employees | $13.9M | 1.8 mi |
| JINNY-ANN #4 CORP Del City · 39 employees | $23.4M | 1.9 mi |
| RATCLIFFE'S MEDICAL, LLC Oklahoma City · 5 employees | $2.1M | 2.2 mi |
| MOBILITY LIVING INC Oklahoma City · 14 employees | $7.2M | 2.4 mi |
| ACCESS ADVANTAGE HEARING AID SERVICES LLC Oklahoma City · 1 employees | $692K | 2.5 mi |
| LAMOOR BEAUTY SUPPLY, INC. Oklahoma City · 4 employees | $2.6M | 2.6 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.1M |
| Estimate: the two combined (geometric mean) | $3.7M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $309K |
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 | $743K |
| Multiple for this size and industry | 2.4× |
| Value range | $391K – $1.0M |
| Revenue range | $2.5M – $4.3M |
| EBITDA range | $204K – $353K |
| Industry (NAICS) | Retail Trade (446110) |
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: approximate sector default. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
“The company was founded in Oklahoma City by William Ward and his brother and is led today by William’s son, Robert (Bob) Ward, a U.S. veteran with more than four decades in the industry.”
Advisors
- BankingFirst Enterprise 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 Enterprise Bank PPP 2020 | All 148 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $40K | 5 |
2 locations
| 1801 Skyline Drive | Oklahoma City | This listing |
| 7920 E Hwy 66 | El Reno | 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 Mid-America Chemical Inc.
Mid-America Chemical Inc. is a pharmacies company in Oklahoma City, Oklahoma, in business since 1948. It is owned by Robert (Bob) Ward (Leader). Its estimated annual revenue is about $3.7M, with roughly $309K of EBITDA. It has about 5 employees. Its estimated business value is $743K (likely range $391K–$1.0M). It has 2 locations.
Common questions
- Who owns Mid-America Chemical Inc.?
- Mid-America Chemical Inc. is owned by Robert (Bob) Ward (Leader), according to public sources such as the company's website or filings.
- How much revenue does Mid-America Chemical Inc. make?
- SeeBITDA estimates Mid-America Chemical Inc.'s annual revenue at about $3.7M (likely between $2.5M and $4.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mid-America Chemical Inc. worth?
- About $743K, roughly 2.4× its estimated EBITDA of $309K, typical for a pharmacies company its size. Likely range: $391K–$1.0M.
- How many employees does Mid-America Chemical Inc. have?
- About 5, as reported on its PPP loan.
- When was Mid-America Chemical Inc. founded?
- Mid-America Chemical Inc. has been in business since 1948.
- Is Mid-America Chemical Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 78 years (since 1948); no family successor named on its website.