Oakes Welding and Fabrication
How we got $6.4M
Based on 48 employees on its 2025 401(k) filing.
What we know
Estimated value over time
▲ 327% 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
▲ 243% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 14 | $6.1M |
| 2020 | Form 5500 | 20 | $8.7M |
| 2021 | Form 5500 | 20 | $8.7M |
| 2022 | Form 5500 | 28 | $12.2M |
| 2023 | Form 5500 | 33 | $14.4M |
| 2024 | Form 5500 | 35 | $15.3M |
| 2025 | Form 5500 | 48 | $20.9M |
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 |
|---|---|---|
| OAKES WELDING AND FABRICATION this business | $19.1M | — |
| ON TRACK RAILROAD CONSTRUCTION LLC Cleveland · 13 employees | $3.1M | 6.8 mi |
| MEDRANO COMPANIES, INC. Cleveland · 2 employees | $816K | 6.8 mi |
| MID-WEST RAILROAD CONSTRUCTION L.L.C. Sand Springs · 10 employees | $2.8M | 13.7 mi |
| CLIFFORD BARNES Kellyville · 3 employees | $1.2M | 14.3 mi |
| K & S INDUSTRIAL SERVICES INC Sapulpa · 6 employees | $1.4M | 15.2 mi |
| MCGUIRE BROTHERS CONSTRUCTION, INC Tulsa · 36 employees | $23.9M | 16.3 mi |
The full calculation
Brought up to date: prices are 10% higher than in the benchmark's year, both included above.
| Estimated value = EBITDA × typical sale multiple | $6.4M |
| Multiple for this size and industry | 3.4× |
| Value range | $4.1M – $11.5M |
| Employees in its retirement plan (2025 Form 5500) | 48 |
| Industry revenue per employee | $436K |
| Revenue = employees × revenue per employee | $19.1M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $1.9M |
| For comparison: employees reported for PPP (2020) | 14 |
Uses the newest headcount we have: participants in the company's retirement plan from its Form 5500 filing with the Department of Labor. Plans can leave out part-timers and new hires, so the range leans higher than the estimate.
| Revenue range | $15.3M – $28.7M |
| EBITDA range | $1.5M – $2.8M |
| Industry (NAICS) | Other Heavy and Civil Engineering Construction (237990) |
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. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingGreen Country FCUPPP / 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
| Green Country FCU PPP 2020 | All 76 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 | $168K | 14 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Oakes Welding and Fabrication
Oakes Welding and Fabrication is an other heavy and civil engineering construction company in Mannford, Oklahoma. It is owned by Jerry Oakes (Chief Executive Officer). Its estimated annual revenue is about $19.1M, with roughly $1.9M of EBITDA. It has about 48 employees. Its estimated business value is $6.4M (likely range $4.1M–$11.5M).
Common questions
- Who owns Oakes Welding and Fabrication?
- Oakes Welding and Fabrication is owned by Jerry Oakes (Chief Executive Officer), according to public sources such as the company's website or filings.
- How much revenue does Oakes Welding and Fabrication make?
- SeeBITDA estimates Oakes Welding and Fabrication's annual revenue at about $19.1M (likely between $15.3M and $28.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Oakes Welding and Fabrication worth?
- About $6.4M, roughly 3.4× its estimated EBITDA of $1.9M, typical for a other heavy and civil engineering construction company its size. Likely range: $4.1M–$11.5M.
- How many employees does Oakes Welding and Fabrication have?
- About 48, from its 2025 retirement-plan filing.