Midwest Metals LLC
How we got $962K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
Signs of a sale Unlikely to sell soon
- In business 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
What they do
Midwest Metals is a Tulsa, OK supplier of specialty metals and metal processing, offering stainless, aluminum, alloy, carbon, brass/bronze, specialty and structural steel products plus saw cutting, heat treating and outside processing services.
From the company's website. Industry: Metal Service Centers and Other Metal Merchant Wholesalers.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MIDWEST METALS LLC this business | $4.5M | — |
| Stainless Tubular Products Tulsa | $3.2M | 0.8 mi |
| Halcyon Inc Tulsa | $38K | 2.5 mi |
| DUENNER SUPPLY COMPANY Tulsa · 11 employees | $6.1M | 3.1 mi |
| Edgen Murray Tulsa | $3.2M | 3.8 mi |
| INTERSTATE STEEL & METALS, INC Tulsa · 41 employees | $23.9M | 5.3 mi |
| Ranger Steel Sand Springs | $6.5M | 5.9 mi |
Ranges & sources
| Revenue range | $3.0M – $5.1M |
| EBITDA range | $218K – $378K |
| Industry (NAICS) | Metal Service Centers and Other Metal Merchant Wholesalers (423510) |
| Value range | $506K – $1.3M |
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
“Midwest Metals began operation in May of 2002 and is now a prominent supplier of specialty metals and metal processing.”
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 Roles are as stated there and may be out of date.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, PPP 2021 | All 695 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $96K | 6 |
| 1/21/2021 | second | $96K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Midwest Metals LLC
Midwest Metals LLC is a metal service centers and other metal merchant wholesalers company in Tulsa, Oklahoma, in business since 2002. Its estimated annual revenue is about $4.5M, with roughly $332K of EBITDA. It has about 6 employees. Its estimated business value is $962K (likely range $506K–$1.3M).
Common questions
- Who owns Midwest Metals LLC?
- The owner of Midwest Metals 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 Midwest Metals LLC make?
- SeeBITDA estimates Midwest Metals LLC's annual revenue at about $4.5M (likely between $3.0M and $5.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Midwest Metals LLC worth?
- About $962K, roughly 2.9× its estimated EBITDA of $332K, typical for a metal service centers and other metal merchant wholesalers company its size. Likely range: $506K–$1.3M.
- How many employees does Midwest Metals LLC have?
- About 6, as reported on its PPP loan.
- When was Midwest Metals LLC founded?
- Midwest Metals LLC has been in business since 2002.