SeeBITDAOklahoma

Mike Lambs Heating & Air Conditioning Inc

Estimated valueMedium confidence
$275K
$145Klikely range$377K
About 2× its yearly profit, typical for a company this size in its industry.
Revenue
$1.1M
a year
Profit (EBITDA)
$138K
13% of revenue
Employees
4
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records

How we got $275K

Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.

4 employees × $259K each$1.0M
PPP payroll ÷ payroll's usual share of revenue$855K
Shown toward the top of its range×1.14
Revenue$1.1M
× 13% profit margin$138K
× 2 sale multiple = value$275K

· Own this business? Correct these figures

Estimated value over time

▲ 36% since 2020
$0$158K$317K20202026

Today'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

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner not found

What they do

The page is a parked domain that acts as a pay-per-call lead referral service for appliance and HVAC repair; it states it is not itself a service provider and is not affiliated with Mike Lamb's Heating & Air Conditioning.

Products & services
HVAC Repair ServiceAir ConditioningFurnaceHeat PumpThermostatDuctworkRefrigerant IssuesLaundry Appliance RepairRefrigeration Appliance RepairKitchen Appliance Repair
Certifications
Licensed & Insured

From the company's website. Industry: Plumbing, heating & air.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
MIKE LAMBS HEATING & AIR CONDITIONING INC
this business
$1.1M$138K—
Johnson Plumbing
Chandler
$1.9M$242K0.1 mi
A & B ELECTRIC, INC.
Chandler · 7 employees
$1.7M$200K0.3 mi
Caldwell’s Heat & Air
Chandler
$1.9M$242K0.6 mi
LINN'S PLUMBING, LLC.
Chandler · 8 employees
$2.0M$231K1.2 mi
UTILITY FIELD SERVICES, LLC
Chandler · 5 employees
$1.6M$189K2.0 mi
JW PLUMBING LLC CO
Chandler · 1 employees
$306K$46K2.6 mi

The full calculation

Employees reported to the SBA4
Revenue from headcount (employees × revenue per employee for companies this size)$1.0M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$855K
Estimate: the two combined (geometric mean)$1.1M
EBITDA margin (industry, adjusted for size)13%
EBITDA = revenue × margin$138K

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$275K
Multiple for this size and industry2×
Value range$145K – $377K
Revenue range$706K – $1.2M
EBITDA range$91K – $157K
Industry (NAICS)Plumbing, Heating, and Air-Conditioning Contractors (238220)

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

  • BankingBancFirstPPP / 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 →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/30/2020first$26K$26K4BancFirst

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Mike Lambs Heating & Air Conditioning Inc

Mike Lambs Heating & Air Conditioning Inc is a plumbing, heating & air company in Chandler, Oklahoma, in business since 2012. Its estimated annual revenue is about $1.1M, with roughly $138K of EBITDA. It has about 4 employees. Its estimated business value is $275K (likely range $145K–$377K).

Common questions

Who owns Mike Lambs Heating & Air Conditioning Inc?
The owner of Mike Lambs Heating & Air Conditioning Inc 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 Mike Lambs Heating & Air Conditioning Inc make?
SeeBITDA estimates Mike Lambs Heating & Air Conditioning Inc's annual revenue at about $1.1M (likely between $706K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Mike Lambs Heating & Air Conditioning Inc worth?
About $275K, roughly 2× its estimated EBITDA of $138K, typical for a plumbing, heating & air company its size. Likely range: $145K–$377K.
How many employees does Mike Lambs Heating & Air Conditioning Inc have?
About 4, as reported on its PPP loan.
When was Mike Lambs Heating & Air Conditioning Inc founded?
Mike Lambs Heating & Air Conditioning Inc has been in business since 2012.