Overholt Heating & Air, Inc.
How we got $2.1M
Based on its 20 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 26 years (since 2000)
From public records and the company's website, not a statement that it's for sale.
What they do
Overholt Heating and Air, Inc. is a family owned and operated heating and air conditioning company serving the Tulsa area and Northeastern Oklahoma, offering service, new construction and geothermal work for commercial and residential customers.
From the company's website. Industry: Plumbing, heating & air.
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| OVERHOLT HEATING & AIR, INC. this business | $6.6M | — |
| BRADLEY ELECTRICAL SOLUTIONS, LLC Collinsville · 5 employees | $1.1M | 0.2 mi |
| American Home Pros Collinsville | $1.8M | 0.5 mi |
| Miller Heat and Air LLC Collinsville | $1.8M | 0.9 mi |
| 3RD GENERATION HEAT AND AIR, LLC Collinsville · 1 employees | $188K | 1.1 mi |
| ECT SERVICES INC Collinsville · 9 employees | $3.0M | 1.2 mi |
| LIMBOCKER HEAT & AIR LLC Collinsville · 4 employees | $1.1M | 1.2 mi |
The full calculation
| Employees reported to the SBA | 20 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.7M |
| Estimate: the two combined (geometric mean) | $6.6M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $702K |
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 | $2.1M |
| Multiple for this size and industry | 3× |
| Value range | $1.1M – $2.9M |
| Revenue range | $4.4M – $7.6M |
| EBITDA range | $462K – $801K |
| 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
- BankingThe Exchange 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
| The Exchange Bank PPP 2020 | All 125 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $190K | 20 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Overholt Heating & Air, Inc.
Overholt Heating & Air, Inc. is a family-owned plumbing, heating & air company in Collinsville, Oklahoma, in business since 2000. Its estimated annual revenue is about $6.6M, with roughly $702K of EBITDA. It has about 20 employees. Its estimated business value is $2.1M (likely range $1.1M–$2.9M).
Common questions
- Who owns Overholt Heating & Air, Inc.?
- The owner of Overholt Heating & Air, 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 Overholt Heating & Air, Inc. make?
- SeeBITDA estimates Overholt Heating & Air, Inc.'s annual revenue at about $6.6M (likely between $4.4M and $7.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Overholt Heating & Air, Inc. worth?
- About $2.1M, roughly 3× its estimated EBITDA of $702K, typical for a plumbing, heating & air company its size. Likely range: $1.1M–$2.9M.
- How many employees does Overholt Heating & Air, Inc. have?
- About 20, as reported on its PPP loan.
- When was Overholt Heating & Air, Inc. founded?
- Overholt Heating & Air, Inc. has been in business since 2000.