Newton Design LLC
How we got $9.0M
Based on its 47 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 30 years (since 1996)
- Founder still runs it after 30 years
- Family in the business (Jesse Newton, CEO)
From public records and the company's website, not a statement that it's for sale.
What they do
Newton Design designs and manufactures simulation and training systems used by commercial air carriers, military, and government agencies. It serves the aviation industry, law enforcement, and the military.
From the company's website. Industry: Machine shops & fabrication.
Customers & suppliers
Customers
- Federal Aviation Administration · federal contracts $775K
- Department of the Air Force · federal contracts $714K
- Transportation Security Administration · federal contracts $155K
- Department of the Army · federal contracts $13K
- American Airlines · named on its website
- FAA · named on its website
Estimated value over time
▲ 40% 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
▲ 77% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 47 | $9.6M |
| 2020 | Form 5500 | 57 | $11.6M |
| 2021 | Form 5500 | 64 | $13.0M |
| 2022 | Form 5500 | 67 | $13.6M |
| 2023 | Form 5500 | 67 | $13.6M |
| 2024 | Form 5500 | 78 | $15.9M |
| 2025 | Form 5500 | 83 | $16.9M |
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 |
|---|---|---|
| NEWTON DESIGN LLC this business | $17.9M | — |
| JPMT LLC Tulsa · 9 employees | $2.0M | 4.0 mi |
| PREMIER MACHINE, INC. Tulsa · 6 employees | $1.5M | 4.1 mi |
| MACHINING TECHNOLOGY OF OKLAHOMA, INC. Catoosa · 3 employees | $879K | 4.3 mi |
| DGP INCORPORATED Tulsa · 10 employees | $2.8M | 5.8 mi |
| TULSA CENTERLESS BAR PROCESSING, INC Tulsa · 42 employees | $15.1M | 5.9 mi |
| CLINE MACHINE, INC. Tulsa · 18 employees | $5.3M | 5.9 mi |
The full calculation
| Employees reported to the SBA | 47 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $13.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $18.1M |
| Estimate: the two combined (geometric mean) | $17.9M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.9M |
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 | $9.0M |
| Multiple for this size and industry | 4.7× |
| Value range | $4.7M – $12.3M |
| Revenue range | $11.8M – $20.4M |
| EBITDA range | $1.3M – $2.2M |
| Industry (NAICS) | Machine Shops (332710) |
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
People & advisors
“In 1996, Jesse established Newton Design with the commitment to produce high quality simulation and training equipment at competitive prices.”
Leadership
- JMJeanessa MarlerOperations Manager · Company website · source
- DRDusty ReynoldsVP of Manufacturing · Company website · source
- TTTim TaylorVP of Operations · Company website · source
- JNJesse NewtonCEO · Company website · source
Advisors
- BankingRCB 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
| RCB Bank PPP 2020 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $677K | 47 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Newton Design LLC
Newton Design LLC is a family-owned machine shops & fabrication company in Catoosa, Oklahoma, in business since 1996. It is owned by Jeff Newton (Founder). Its estimated annual revenue is about $17.9M, with roughly $1.9M of EBITDA. It has about 83 employees. Its estimated business value is $9.0M (likely range $4.7M–$12.3M).
Common questions
- Who owns Newton Design LLC?
- Newton Design LLC is owned by Jeff Newton (Founder), according to public sources such as the company's website or filings.
- How much revenue does Newton Design LLC make?
- SeeBITDA estimates Newton Design LLC's annual revenue at about $17.9M (likely between $11.8M and $20.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Newton Design LLC worth?
- About $9.0M, roughly 4.7× its estimated EBITDA of $1.9M, typical for a machine shops & fabrication company its size. Likely range: $4.7M–$12.3M.
- How many employees does Newton Design LLC have?
- About 83, from its 2025 retirement-plan filing.
- When was Newton Design LLC founded?
- Newton Design LLC has been in business since 1996.