Pioneer Supply LLC
How we got $5.9M
Based on its 21 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 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
What they do
Core & Main's Moore, OK branch (formerly Pioneer Supply) is a waterworks distributor offering a complete line of water, wastewater, and storm drainage products to the state of Oklahoma.
From the company's website. Industry: Other Miscellaneous Durable Goods Merchant Wholesalers.
Customers & suppliers
Suppliers & brands
- Neptune Meters · brand it sells or installs
Estimated value over time
▲ 47% 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 |
|---|---|---|
| PIONEER SUPPLY LLC this business | $19.9M | — |
| GOLD STAR GRAPHICS INC. Oklahoma City · 13 employees | $11.8M | 2.2 mi |
| TMG SERVICE COMPANY, LLC Oklahoma City · 25 employees | $23.9M | 2.4 mi |
| FLYING EAGLE COINS, LLC Oklahoma City · 1 employees | $1.8M | 2.5 mi |
| C&H GOLD BUYERS, LLC Oklahoma City · 1 employees | $1.2M | 2.5 mi |
| MCINTYRE & COMPANY, INC. Oklahoma City · 2 employees | $3.7M | 3.4 mi |
| MOISANT & COMPANY, INC Oklahoma City · 9 employees | $7.9M | 3.4 mi |
The full calculation
| Employees reported to the SBA | 21 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $16.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $19.1M |
| Estimate: the two combined (geometric mean) | $19.9M |
| EBITDA margin (industry, adjusted for size) | 7% |
| 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 | $5.9M |
| Multiple for this size and industry | 4.3× |
| Value range | $3.1M – $8.0M |
| Revenue range | $13.1M – $22.7M |
| EBITDA range | $897K – $1.6M |
| Industry (NAICS) | Other Miscellaneous Durable Goods Merchant Wholesalers (423990) |
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
People & advisors
“Moore is Core & Main’s newest location in Oklahoma with experience as Pioneer Supply in the market dating back to 1963.”
Leadership
- BMBrad MorseLocal Manager · Company website · source
Advisors
- BankingStride Bank, National AssociationPPP / 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
| Stride Bank, National Association PPP 2020, PPP 2021 | All 504 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $292K | 21 |
| 1/28/2021 | second | $324K | 21 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Pioneer Supply LLC
Pioneer Supply LLC is an other miscellaneous durable goods merchant wholesalers company in Moore, Oklahoma, in business since 2008. It is owned by Mark Witkowski (CEO). Its estimated annual revenue is about $19.9M, with roughly $1.4M of EBITDA. It has about 21 employees. Its estimated business value is $5.9M (likely range $3.1M–$8.0M).
Common questions
- Who owns Pioneer Supply LLC?
- Pioneer Supply LLC is owned by Mark Witkowski (CEO), according to public sources such as the company's website or filings.
- How much revenue does Pioneer Supply LLC make?
- SeeBITDA estimates Pioneer Supply LLC's annual revenue at about $19.9M (likely between $13.1M and $22.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Pioneer Supply LLC worth?
- About $5.9M, roughly 4.3× its estimated EBITDA of $1.4M, typical for a other miscellaneous durable goods merchant wholesalers company its size. Likely range: $3.1M–$8.0M.
- How many employees does Pioneer Supply LLC have?
- About 21, as reported on its PPP loan.
- When was Pioneer Supply LLC founded?
- Pioneer Supply LLC has been in business since 2008.