Neoinsulation, LLC
How we got $6.6M
Based on its 36 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 59% 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.
Employees over time
▲ 25% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 36 | $10.8M |
| 2023 | Form 5500 | 38 | $11.4M |
| 2024 | Form 5500 | 35 | $10.5M |
| 2025 | Form 5500 | 45 | $13.5M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NEOINSULATION, LLC this business | $21.3M | — |
| BE BOWS LLC Okarche · 2 employees | $1.1M | 9.4 mi |
| CEDAR RIDGE RESERVE LLC Dover · 1 employees | $317K | 11.5 mi |
| JIMMY BERKENBILE INC. Hennessey · 3 employees | $3.2M | 17.6 mi |
| PROPANE SALES INC Crescent · 9 employees | $7.5M | 19.3 mi |
| CECILIA STOLL ENTERPRISES, LLC Edmond | $1.8M | 21.8 mi |
| TOTAL EQUIPMENT MANAGEMENT SERVICES, LLC Edmond · 89 employees | $54.5M | 22.6 mi |
The full calculation
| Employees reported to the SBA | 36 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $13.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $25.3M |
| Estimate: the two combined (geometric mean) | $21.3M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.8M |
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 | $6.6M |
| Multiple for this size and industry | 3.6× |
| Value range | $3.5M – $9.0M |
| Revenue range | $14.0M – $24.3M |
| EBITDA range | $1.2M – $2.1M |
| Industry (NAICS) | Retail Trade (454390) |
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: approximate sector default. 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
- BankingF & M 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
| F & M Bank PPP 2020, PPP 2021 | All 379 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $444K | 36 |
| 1/23/2021 | second | $444K | 36 |
About Neoinsulation, LLC
Neoinsulation, LLC is a retail trade company in Kingfisher, Oklahoma. Its estimated annual revenue is about $21.3M, with roughly $1.8M of EBITDA. It has about 45 employees. Its estimated business value is $6.6M (likely range $3.5M–$9.0M).
Common questions
- Who owns Neoinsulation, LLC?
- The owner of Neoinsulation, 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 Neoinsulation, LLC make?
- SeeBITDA estimates Neoinsulation, LLC's annual revenue at about $21.3M (likely between $14.0M and $24.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Neoinsulation, LLC worth?
- About $6.6M, roughly 3.6× its estimated EBITDA of $1.8M, typical for a retail trade company its size. Likely range: $3.5M–$9.0M.
- How many employees does Neoinsulation, LLC have?
- About 45, from its 2025 retirement-plan filing.