Northwest Plumbing & Mechanical Inc.
How we got $2.6M
Based on its 28 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 17 years (since 2009)
From public records and the company's website, not a statement that it's for sale.
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
▼ 18% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 28 | $5.7M |
| 2020 | Form 5500 | 29 | $5.9M |
| 2021 | Form 5500 | 16 | $3.3M |
| 2022 | Form 5500 | 17 | $3.5M |
| 2023 | Form 5500 | 19 | $3.9M |
| 2024 | Form 5500 | 26 | $5.3M |
| 2025 | Form 5500 | 23 | $4.7M |
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 |
|---|---|---|
| NORTHWEST PLUMBING & MECHANICAL INC. this business | $9.4M | — |
| Essential Heating & Air Enid | $1.8M | 1.3 mi |
| DENSE ENTERPRISES LLC Enid · 35 employees | $13.0M | 1.7 mi |
| Dense Mechanical Enid | $1.8M | 1.7 mi |
| LUCKINBILL INC Enid · 172 employees | $81.9M | 1.7 mi |
| KC ELECTRIC INC Enid · 70 employees | $23.0M | 1.9 mi |
| CODA ELECTRIC COMPANY, LLC Enid · 6 employees | $1.2M | 2.0 mi |
The full calculation
| Employees reported to the SBA | 28 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.2M |
| Estimate: the two combined (geometric mean) | $9.4M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $880K |
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 | $2.6M |
| Multiple for this size and industry | 3× |
| Value range | $1.4M – $3.6M |
| Revenue range | $6.2M – $10.8M |
| EBITDA range | $579K – $1.0M |
| 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
People & advisors
Advisors
- BankingCowboy 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
| Cowboy Bank PPP 2020 | All 286 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $275K | 28 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Northwest Plumbing & Mechanical Inc.
Northwest Plumbing & Mechanical Inc. is a plumbing, heating & air company in Enid, Oklahoma, in business since 2009. Its estimated annual revenue is about $9.4M, with roughly $880K of EBITDA. It has about 23 employees. Its estimated business value is $2.6M (likely range $1.4M–$3.6M).
Common questions
- Who owns Northwest Plumbing & Mechanical Inc.?
- The owner of Northwest Plumbing & Mechanical 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 Northwest Plumbing & Mechanical Inc. make?
- SeeBITDA estimates Northwest Plumbing & Mechanical Inc.'s annual revenue at about $9.4M (likely between $6.2M and $10.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Northwest Plumbing & Mechanical Inc. worth?
- About $2.6M, roughly 3× its estimated EBITDA of $880K, typical for a plumbing, heating & air company its size. Likely range: $1.4M–$3.6M.
- How many employees does Northwest Plumbing & Mechanical Inc. have?
- About 23, from its 2025 retirement-plan filing.
- When was Northwest Plumbing & Mechanical Inc. founded?
- Northwest Plumbing & Mechanical Inc. has been in business since 2009.