Morris Plumbing LLC
How we got $232K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 36% 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 |
|---|---|---|
| MORRIS PLUMBING LLC this business | $905K | — |
| NICKERSON PLUMBING, LLC Ada · 7 employees | $1.9M | 1.8 mi |
| A & R PLUMBING LLC Ada · 2 employees | $475K | 1.9 mi |
| Hunter Super Techs Ada | $1.8M | 1.9 mi |
| TODD ELECTRIC, INC Ada · 2 employees | $450K | 2.1 mi |
| OVERHEAD DOOR CO. OF ADA, INC. Ada · 14 employees | $4.3M | 2.1 mi |
| M&J CONTRACTORS, L.L.C. Ada · 10 employees | $2.4M | 2.2 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $776K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $811K |
| Estimate: the two combined (geometric mean) | $905K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $116K |
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 | $232K |
| Multiple for this size and industry | 2× |
| Value range | $122K – $318K |
| Revenue range | $595K – $1.0M |
| EBITDA range | $76K – $132K |
| 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
- BankingVision 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 Roles are as stated there and may be out of date.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
| Vision Bank PPP 2020 | All 487 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $24K | 3 |
About Morris Plumbing LLC
Morris Plumbing LLC is a plumbing, heating & air company in Ada, Oklahoma. Its estimated annual revenue is about $905K, with roughly $116K of EBITDA. It has about 3 employees. Its estimated business value is $232K (likely range $122K–$318K).
Common questions
- Who owns Morris Plumbing LLC?
- The owner of Morris Plumbing 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 Morris Plumbing LLC make?
- SeeBITDA estimates Morris Plumbing LLC's annual revenue at about $905K (likely between $595K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Morris Plumbing LLC worth?
- About $232K, roughly 2× its estimated EBITDA of $116K, typical for a plumbing, heating & air company its size. Likely range: $122K–$318K.
- How many employees does Morris Plumbing LLC have?
- About 3, as reported on its PPP loan.