Mike's Welding Service LLC
How we got $186K
Based on its 2 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 |
|---|---|---|
| MIKE'S WELDING SERVICE LLC this business | $460K | — |
| Valve Tech Laboratory Inc Woodward | $1.8M | 2.8 mi |
| WALDROPS ENGINE SERVICE COMPANY Woodward · 3 employees | $1.3M | 2.9 mi |
| ELWYNS WELDING SERVICE INC Woodward · 5 employees | $1.6M | 3.3 mi |
| BRUCE'S WELDING SERVICE INC Woodward · 1 employees | $372K | 3.3 mi |
| FABTECH WELDING SERVICES, LLC Woodward · 1 employees | $285K | 5.6 mi |
| TWINRIVERS WELDING INC Woodward · 2 employees | $488K | 9.3 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $629K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $259K |
| Estimate: the two combined (geometric mean) | $460K |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $74K |
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 | $186K |
| Multiple for this size and industry | 2.5× |
| Value range | $98K – $254K |
| Revenue range | $302K – $524K |
| EBITDA range | $49K – $85K |
| Industry (NAICS) | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (811310) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingBank 7PPP / 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 Roles are as stated there and may be out of date.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
| Bank 7 PPP 2020, PPP 2021 | All 400 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/11/2020 | first | $6K | 2 |
| 1/28/2021 | second | $9K | 2 |
About Mike's Welding Service LLC
Mike's Welding Service LLC is a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company in Woodward, Oklahoma. Its estimated annual revenue is about $460K, with roughly $74K of EBITDA. It has about 2 employees. Its estimated business value is $186K (likely range $98K–$254K).
Common questions
- Who owns Mike's Welding Service LLC?
- The owner of Mike's Welding Service 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 Mike's Welding Service LLC make?
- SeeBITDA estimates Mike's Welding Service LLC's annual revenue at about $460K (likely between $302K and $524K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mike's Welding Service LLC worth?
- About $186K, roughly 2.5× its estimated EBITDA of $74K, typical for a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company its size. Likely range: $98K–$254K.
- How many employees does Mike's Welding Service LLC have?
- About 2, as reported on its PPP loan.