Parks Manufacturing LLC
How we got $45.9M
Based on its 146 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 7% 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 | 146 | $49.8M |
| 2020 | Form 5500 | 137 | $46.7M |
| 2021 | Form 5500 | 166 | $56.6M |
| 2022 | Form 5500 | 171 | $58.3M |
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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PARKS MANUFACTURING LLC this business | $70.8M | — |
| METAL PROCESSING INTERNATIONAL, L.P. Seminole · 59 employees | $26.5M | 0.9 mi |
| OKLAHOMA CUSTOM COATING Seminole · 69 employees | $30.7M | 0.9 mi |
| Viking Scada Seminole | $1.8M | 2.4 mi |
| DISA GOFF INC Seminole · 52 employees | $22.4M | 3.4 mi |
| SUPERIOR POST FRAME BARNS LLC Seminole · 2 employees | $480K | 6.2 mi |
| CLEAN PRODUCTS, INC. Seminole · 11 employees | $2.3M | 6.4 mi |
The full calculation
| Employees reported to the SBA | 146 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $66.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $58.3M |
| Estimate: the two combined (geometric mean) | $70.8M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $6.7M |
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 | $45.9M |
| Multiple for this size and industry | 6.8× |
| Value range | $24.1M – $62.8M |
| Revenue range | $46.6M – $80.7M |
| EBITDA range | $4.4M – $7.7M |
| Industry (NAICS) | Boat Building (336612) |
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
- AccountingRsm Us LLPAudits its 401(k) plan (2022 filing)
- BankingFirst United Bank and Trust CompanyPPP / 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 United Bank and Trust Company PPP 2020 | All 2,229 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 | $1.3M | 146 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Parks Manufacturing LLC
Parks Manufacturing LLC is a boat building company in Seminole, Oklahoma. It is owned by Richard Parks (Co-owner). Its estimated annual revenue is about $70.8M, with roughly $6.7M of EBITDA. It has about 171 employees. Its estimated business value is $45.9M (likely range $24.1M–$62.8M).
Common questions
- Who owns Parks Manufacturing LLC?
- Parks Manufacturing LLC is owned by Richard Parks (Co-owner), according to public sources such as the company's website or filings.
- How much revenue does Parks Manufacturing LLC make?
- SeeBITDA estimates Parks Manufacturing LLC's annual revenue at about $70.8M (likely between $46.6M and $80.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Parks Manufacturing LLC worth?
- About $45.9M, roughly 6.8× its estimated EBITDA of $6.7M, typical for a boat building company its size. Likely range: $24.1M–$62.8M.
- How many employees does Parks Manufacturing LLC have?
- About 171, from its 2022 retirement-plan filing.