Oklahoma Aviation LLC
- Jeff FolandChief Executive Officer · Company website
- Tim BannonChief Operating Officer · Company website
- John RedcayChief Commercial & Sustainability Officer · Company website
- Dena BakerChief Accounting Officer · Company website
- Tracy MozenaChief Information Officer · Company website
How we got $3.8M
Based on its 17 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 25% 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
▲ 41% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 17 | $2.8M |
| 2022 | Form 5500 | 9 | $1.5M |
| 2023 | Form 5500 | 19 | $3.1M |
| 2024 | Form 5500 | 22 | $3.6M |
| 2025 | Form 5500 | 24 | $3.9M |
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.
What we know
Signs of a sale Some signs of a sale
- In business 31 years (since 1995)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| OKLAHOMA AVIATION LLC this business | $5.7M | — |
| SAMI S DAHR MD PLLC Oklahoma City · 5 employees | $1.3M | 3.6 mi |
| Integrated Massage Therapy College Oklahoma City | $436K | 3.7 mi |
| DALE ROGERS TRAINING CENTER, INC. Oklahoma City · 490 employees | $26.4M | 4.2 mi |
| HEAVY EQUIPMENT TRAINING-OKLAHOMA Oklahoma City · 13 employees | $2.7M | 4.7 mi |
| BALANCED ENERGY, LLC Oklahoma City · 1 employees | $190K | 5.1 mi |
| Barnes Real Estate School Oklahoma City | $966K | 5.4 mi |
The full calculation
| Employees reported to the SBA | 17 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.8M |
| Estimate: the two combined (geometric mean) | $5.7M |
| EBITDA margin (industry, adjusted for size) | 17% |
| EBITDA = revenue × margin | $974K |
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 | $3.8M |
| Multiple for this size and industry | 3.9× |
| Value range | $2.0M – $5.2M |
| Revenue range | $3.7M – $6.5M |
| EBITDA range | $641K – $1.1M |
| Industry (NAICS) | Flight Training (611512) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingMidFirst Bank, First Fidelity 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
| First Fidelity Bank PPP 2020 | All 940 borrowers → |
| MidFirst Bank PPP 2020 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $233K | 17 |
| 4/27/2020 | first | $33K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Oklahoma Aviation LLC
Oklahoma Aviation LLC is a flight training company in Bethany, Oklahoma, in business since 1995. It is owned by Hertz Global Holdings (President). Its estimated annual revenue is about $5.7M, with roughly $974K of EBITDA. It has about 24 employees. Its estimated business value is $3.8M (likely range $2.0M–$5.2M).
Common questions
- Who owns Oklahoma Aviation LLC?
- Oklahoma Aviation LLC is owned by Hertz Global Holdings (President), according to public sources such as the company's website or filings.
- How much revenue does Oklahoma Aviation LLC make?
- SeeBITDA estimates Oklahoma Aviation LLC's annual revenue at about $5.7M (likely between $3.7M and $6.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Oklahoma Aviation LLC worth?
- About $3.8M, roughly 3.9× its estimated EBITDA of $974K, typical for a flight training company its size. Likely range: $2.0M–$5.2M.
- How many employees does Oklahoma Aviation LLC have?
- About 24, from its 2025 retirement-plan filing.
- When was Oklahoma Aviation LLC founded?
- Oklahoma Aviation LLC has been in business since 1995.