Mid-American Sparks, LLC
How we got $5.8M
Based on its 35 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 18% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MID-AMERICAN SPARKS, LLC this business | $12.8M | — |
| Central States Crane and Hoist Claremore | $3.0M | 1.5 mi |
| Rogers Equipment Service Claremore | $3.0M | 5.5 mi |
| HOT ROD MACHINE TOOLS SUPPLIES, LLC Claremore · 1 employees | $242K | 5.9 mi |
| ALL PHASE WELDING AND FABRICATION, LLC Claremore · 1 employees | $426K | 7.5 mi |
| D-N-A CRANE & MACHINE LLC Claremore · 3 employees | $1.1M | 9.3 mi |
| Brenntag Southwest Catoosa | $1.8M | 9.5 mi |
The full calculation
| Employees reported to the SBA | 35 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $12.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $10.1M |
| Estimate: the two combined (geometric mean) | $12.8M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $1.3M |
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 | $5.8M |
| Multiple for this size and industry | 4.5× |
| Value range | $3.0M – $7.9M |
| Revenue range | $8.4M – $14.6M |
| EBITDA range | $846K – $1.5M |
| Industry (NAICS) | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (811310) |
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
- BankingBancFirst, Chickasaw Community 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020 | All 7,048 borrowers → |
| Chickasaw Community Bank PPP 2021 | All 317 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 | $298K | 35 |
| 2/18/2021 | second | $275K | 35 |
About Mid-American Sparks, LLC
Mid-American Sparks, LLC is a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company in Claremore, Oklahoma. Its estimated annual revenue is about $12.8M, with roughly $1.3M of EBITDA. It has about 35 employees. Its estimated business value is $5.8M (likely range $3.0M–$7.9M).
Common questions
- Who owns Mid-American Sparks, LLC?
- The owner of Mid-American Sparks, 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 Mid-American Sparks, LLC make?
- SeeBITDA estimates Mid-American Sparks, LLC's annual revenue at about $12.8M (likely between $8.4M and $14.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mid-American Sparks, LLC worth?
- About $5.8M, roughly 4.5× its estimated EBITDA of $1.3M, typical for a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company its size. Likely range: $3.0M–$7.9M.
- How many employees does Mid-American Sparks, LLC have?
- About 35, as reported on its PPP loan.