Mid-America Door Company
How we got $37.4M
Based on its 112 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 28 years (since 1998)
- Founder still runs it after 28 years
From public records and the company's website, not a statement that it's for sale.
What they do
Mid-America Door Company in Ponca City, Oklahoma, was purchased by Garaga in August 2018 and continues to manufacture pan and styrene garage door products, now largely included in the Garaga Mid-America Series.
From the company's website. Industry: Metal Window and Door Manufacturing.
Ownership & transactions
- Acquired by Garaga Inc. · Aug 2018Garaga Inc., a Canadian garage door manufacturer, purchased Mid-America Door Company of Ponca City, Oklahoma in August 2018.Source
Customers & suppliers
Suppliers & brands
- Garaga · brand it sells or installs
- LiftMaster · brand it sells or installs
Estimated value over time
▲ 10% 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
▲ 157% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 112 | $31.9M |
| 2020 | Form 5500 | 64 | $18.3M |
| 2021 | Form 5500 | 66 | $18.8M |
| 2022 | Form 5500 | 214 | $61.0M |
| 2023 | Form 5500 | 204 | $58.2M |
| 2024 | Form 5500 | 288 | $82.1M |
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 |
|---|---|---|
| MID-AMERICA DOOR COMPANY this business | $51.7M | — |
| MITCHCO FABRICATION, INC. Ponca City · 5 employees | $1.9M | 0.1 mi |
| TAYLOR STORM SHELTERS LLC Stillwater · 4 employees | $3.1M | 42.2 mi |
| OAKLEY PORTABLE BUILDINGS LLC Stillwater · 5 employees | $2.1M | 42.2 mi |
| GAMEDAY IRONWORKS, LLC Stillwater · 8 employees | $2.6M | 42.3 mi |
| DOUBLE L WELDING & CONSTRUCTION Perkins · 7 employees | $3.0M | 53.6 mi |
| PRO-FAB INDUSTRIES, INC. Mannford · 12 employees | $7.1M | 56.2 mi |
The full calculation
| Employees reported to the SBA | 112 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $41.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $49.1M |
| Estimate: the two combined (geometric mean) | $51.7M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $5.5M |
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 | $37.4M |
| Multiple for this size and industry | 6.8× |
| Value range | $19.7M – $51.2M |
| Revenue range | $34.0M – $58.9M |
| EBITDA range | $3.6M – $6.3M |
| Industry (NAICS) | Metal Window and Door Manufacturing (332321) |
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
Leadership
- CCCarl ChristensenSigned for the company · 2021 retirement-plan filing (Form 5500)
Advisors
- AccountingBoyum & Barenscheer PllpAudits its 401(k) plan (2024 filing)
- BankingComerica 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
| Comerica Bank PPP 2020 | All 4 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 | $1.2M | 112 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Mid-America Door Company
Mid-America Door Company is a metal window and door manufacturing company in Ponca City, Oklahoma, in business since 1998. It is owned by Michel Gendreau (Founder). Its estimated annual revenue is about $51.7M, with roughly $5.5M of EBITDA. It has about 288 employees. Its estimated business value is $37.4M (likely range $19.7M–$51.2M).
Common questions
- Who owns Mid-America Door Company?
- Mid-America Door Company is owned by Michel Gendreau (Founder), according to public sources such as the company's website or filings.
- How much revenue does Mid-America Door Company make?
- SeeBITDA estimates Mid-America Door Company's annual revenue at about $51.7M (likely between $34.0M and $58.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mid-America Door Company worth?
- About $37.4M, roughly 6.8× its estimated EBITDA of $5.5M, typical for a metal window and door manufacturing company its size. Likely range: $19.7M–$51.2M.
- How many employees does Mid-America Door Company have?
- About 288, from its 2024 retirement-plan filing.
- When was Mid-America Door Company founded?
- Mid-America Door Company has been in business since 1998.
- Is Mid-America Door Company for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 28 years (since 1998); founder still runs it after 28 years.