Noram-Smc Inc
How we got $1.1M
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.
Employees over time
▼ 33% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 3 | $2.0M |
| 2025 | Form 5500 | 2 | $1.3M |
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 |
|---|---|---|
| NORAM-SMC INC this business | $4.6M | — |
| TULSA ALUMINUM PRODUCTS, INC. Tulsa · 3 employees | $3.1M | 1.5 mi |
| HORNAK ELECTRICAL SALES, INC. Tulsa · 3 employees | $4.5M | 1.6 mi |
| PREMIER LIGHTING SALES INC Tulsa · 13 employees | $15.8M | 1.9 mi |
| ALLIED BROADCAST GROUP, LLC Broken Arrow · 7 employees | $10.8M | 2.6 mi |
| OPTRONICS INTERNATIONAL LLC Tulsa · 78 employees | $75.5M | 2.7 mi |
| STONE TECHNICAL GROUP LLC Tulsa · 2 employees | $1.9M | 3.0 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.8M |
| Estimate: the two combined (geometric mean) | $4.6M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $381K |
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 | 2.9× |
| Value range | $581K – $1.5M |
| Revenue range | $3.0M – $5.2M |
| EBITDA range | $251K – $434K |
| Industry (NAICS) | Electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers (423610) |
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
Advisors
- BankingArvest 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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 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 | $60K | 3 |
| 1/27/2021 | second | $46K | 2 |
About Noram-Smc Inc
Noram-Smc Inc is an electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers company in Tulsa, Oklahoma. Its estimated annual revenue is about $4.6M, with roughly $381K of EBITDA. It has about 2 employees. Its estimated business value is $1.1M (likely range $581K–$1.5M).
Common questions
- Who owns Noram-Smc Inc?
- The owner of Noram-Smc 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 Noram-Smc Inc make?
- SeeBITDA estimates Noram-Smc Inc's annual revenue at about $4.6M (likely between $3.0M and $5.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Noram-Smc Inc worth?
- About $1.1M, roughly 2.9× its estimated EBITDA of $381K, typical for a electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers company its size. Likely range: $581K–$1.5M.
- How many employees does Noram-Smc Inc have?
- About 2, from its 2025 retirement-plan filing.