Oklahoma Chiller Corporation
- John ClaybournPresident & Founder · Company website
- Terrence WalkerCfo · Company website
- Dale LandrethVP & General Manager -OKC · Company website
- Bobby ChristyVP, Operations -Construction · Company website
- Marshall AndrewsVP, Operations -OKC · Company website
How we got $5.1M
Based on its 42 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 21 years (since 2005)
From public records and the company's website, not a statement that it's for sale.
What they do
Oklahoma Chiller Corporation provides commercial and industrial HVAC service, installation, equipment rental and leasing, and clean air solutions from offices in Tulsa and Oklahoma City. It says it serves commercial and industrial facilities in Oklahoma.
From the company's website. Industry: Plumbing, heating & air.
Customers & suppliers
Customers
- Department of Veterans Affairs · federal contracts $91K
- Oklahoma Cancer Specialists and Research Institute · named on its website
- IPL, LLC · named on its website
- OGE · named on its website
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
▲ 17% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 42 | $8.6M |
| 2020 | Form 5500 | 33 | $6.7M |
| 2021 | Form 5500 | 32 | $6.5M |
| 2022 | Form 5500 | 35 | $7.2M |
| 2023 | Form 5500 | 33 | $6.7M |
| 2024 | Form 5500 | 37 | $7.6M |
| 2025 | Form 5500 | 49 | $10.0M |
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 |
|---|---|---|
| OKLAHOMA CHILLER CORPORATION this business | $16.3M | — |
| GIZMO PLUMBING LLC Sapulpa · 1 employees | $412K | 0.5 mi |
| Delta Manufacturing Tulsa | $1.8M | 0.6 mi |
| WESTERN FIRE PROTECTION, INC. Tulsa · 11 employees | $3.5M | 0.7 mi |
| Schultz Electric Service Tulsa | $1.8M | 0.8 mi |
| ALL AMERICAN PLUMBING, INC Tulsa · 35 employees | $13.3M | 0.9 mi |
| BENNETT STEEL, INC. Sapulpa · 138 employees | $86.7M | 1.3 mi |
The full calculation
| Employees reported to the SBA | 42 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $12.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $16.3M |
| Estimate: the two combined (geometric mean) | $16.3M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.4M |
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 | $5.1M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.7M – $7.0M |
| Revenue range | $10.7M – $18.6M |
| EBITDA range | $931K – $1.6M |
| 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
History & advisors
“John Claybourn founded Oklahoma Chiller, dedicated to trustworthy chiller solutions, providing seamless support for local businesses from the very first call–24/7/365”
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $546K | 42 |
2 locations
| 8813 State Hwy 66 | Tulsa | This listing |
| 6400 SE 74th St, Building F | Oklahoma City | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Oklahoma Chiller Corporation
Oklahoma Chiller Corporation is a plumbing, heating & air company in Tulsa, Oklahoma, in business since 2005. It is owned by Craig McElwain (CEO). Its estimated annual revenue is about $16.3M, with roughly $1.4M of EBITDA. It has about 49 employees. Its estimated business value is $5.1M (likely range $2.7M–$7.0M). It has 2 locations.
Common questions
- Who owns Oklahoma Chiller Corporation?
- Oklahoma Chiller Corporation is owned by Craig McElwain (CEO), according to public sources such as the company's website or filings.
- How much revenue does Oklahoma Chiller Corporation make?
- SeeBITDA estimates Oklahoma Chiller Corporation's annual revenue at about $16.3M (likely between $10.7M and $18.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Oklahoma Chiller Corporation worth?
- About $5.1M, roughly 3.6× its estimated EBITDA of $1.4M, typical for a plumbing, heating & air company its size. Likely range: $2.7M–$7.0M.
- How many employees does Oklahoma Chiller Corporation have?
- About 49, from its 2025 retirement-plan filing.
- When was Oklahoma Chiller Corporation founded?
- Oklahoma Chiller Corporation has been in business since 2005.