SeeBITDAOklahoma

N & S Flame Spray LLC

Paint and Coating Manufacturing
Estimated valueMedium confidence
$4.6M
$2.8Mlikely range$7.2M
About 4.5× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$9.0M
a year
EBITDA
$1.0M
11% of revenue
Employees
11
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records
Some signs of a sale

How we got $4.6M

Based on 11 employees reported for PPP in 2020, grown 8% a year since.

11 employees (PPP loan, 2020)11
× 1.63 growth (8% a year since 2020)18 today
× $500K revenue per employee (paint and coating manufacturing)$9.0M
× 11% EBITDA margin$1.0M
× 4.5 sale multiple = value$4.6M

Own this business? Correct these figures

Estimated value over time

▲ 103% since 2020
$0$2.6M$5.3M20202026

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

Signs of a sale Some signs of a sale

  • In business 64 years (since 1962)

From public records and the company's website, not a statement that it's for sale.

What they do

N & S Flame Spray is a machine shop in Mannford, OK that specializes in nickel hard coatings and spray welding, mainly for oilfield-related work.

Products & services
Pump plungersShaftsMandrelsPony rodsPump packingSpray weldingMetalizing
Markets served
OilfieldPipelineRefineryElectric
Certifications
ISO 9000 COMPATIBLE

From the company's website. Industry: Paint and Coating Manufacturing.

Customers & suppliers

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Oil & gas
Electricians

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
N & S FLAME SPRAY LLC
this business
$9.0M$1.0M—
H & H PROTECTIVE COATINGS COMPANY
Tulsa · 9 employees
$7.3M$834K19.7 mi
CHEMPROOF POLYMERS, INC
Tulsa · 4 employees
$3.3M$421K21.0 mi
Rust-Oleum Concrete Protections Systems
Tulsa
$2.0M$253K21.9 mi
AMERICAN INDUSTRIAL, INC.
Tulsa · 2 employees
$1.6M$231K22.0 mi
RED DEVIL, INCORPORATED
Tulsa · 93 employees
$75.8M$7.0M23.0 mi
APEX INDUSTRIES, INC
Tulsa · 70 employees
$57.0M$5.3M24.4 mi

Ranges & sources

Revenue range$6.7M – $11.7M
EBITDA range$764K – $1.3M
Industry (NAICS)Paint and Coating Manufacturing (325510)
Value range$2.8M – $7.2M

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

Founded 1962
“After more than 40 years in the business, a lot has changed in the world.”

Advisors

  • BankingAmerican Heritage 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

American Heritage Bank
PPP 2020, PPP 2021
All 446 borrowers →

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

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/14/2020first$143K$145K11American Heritage Bank
1/22/2021second$51K$52K8American Heritage Bank

Public records

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

About N & S Flame Spray LLC

N & S Flame Spray LLC is a paint and coating manufacturing company in Mannford, Oklahoma, in business since 1962. Its estimated annual revenue is about $9.0M, with roughly $1.0M of EBITDA. It has about 11 employees. Its estimated business value is $4.6M (likely range $2.8M–$7.2M).

Common questions

Who owns N & S Flame Spray LLC?
The owner of N & S Flame Spray 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 N & S Flame Spray LLC make?
SeeBITDA estimates N & S Flame Spray LLC's annual revenue at about $9.0M (likely between $6.7M and $11.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is N & S Flame Spray LLC worth?
About $4.6M, roughly 4.5× its estimated EBITDA of $1.0M, typical for a paint and coating manufacturing company its size. Likely range: $2.8M–$7.2M.
How many employees does N & S Flame Spray LLC have?
About 11, as reported on its PPP loan.
When was N & S Flame Spray LLC founded?
N & S Flame Spray LLC has been in business since 1962.