Morehead Enterprises, Inc
How we got $1.1M
Based on 2 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 72% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MOREHEAD ENTERPRISES, INC this business | $2.5M | — |
| ROCKIN M TOOLS LLC Maysville · 2 employees | $2.3M | 7.7 mi |
| RENTZEL GROUP, LLC Norman · 4 employees | $3.7M | 12.8 mi |
| BRACKEN WELDING SERVICES, LLC Blanchard · 1 employees | $669K | 13.0 mi |
| TEAL'S WELDING, INC Blanchard · 1 employees | $669K | 15.8 mi |
| TEALS WELDING INC. Blanchard · 1 employees | $669K | 15.8 mi |
| BOWER WELDING INC Moore · 1 employees | $391K | 17.2 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Industry revenue per employee | $467K |
| Revenue = employees × revenue per employee | $2.5M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $355K |
| Cross-check: revenue implied by PPP payroll | $126K |
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 | $1.1M |
| Multiple for this size and industry | 3.2× |
| Value range | $538K – $1.6M |
| Revenue range | $1.5M – $3.0M |
| EBITDA range | $210K – $420K |
| Industry (NAICS) | Fluid Power Pump and Motor Manufacturing (333996) |
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. 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
- BankingFirst United Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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 United Bank and Trust Company PPP 2020 | All 2,229 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 | $3K | 2 |
About Morehead Enterprises, Inc
Morehead Enterprises, Inc is a fluid power pump and motor manufacturing company in Washington, Oklahoma. Its estimated annual revenue is about $2.5M, with roughly $355K of EBITDA. It has about 2 employees. Its estimated business value is $1.1M (likely range $538K–$1.6M).
Common questions
- Who owns Morehead Enterprises, Inc?
- The owner of Morehead Enterprises, 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 Morehead Enterprises, Inc make?
- SeeBITDA estimates Morehead Enterprises, Inc's annual revenue at about $2.5M (likely between $1.5M and $3.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Morehead Enterprises, Inc worth?
- About $1.1M, roughly 3.2× its estimated EBITDA of $355K, typical for a fluid power pump and motor manufacturing company its size. Likely range: $538K–$1.6M.
- How many employees does Morehead Enterprises, Inc have?
- About 2, as reported on its PPP loan.