Plastic Engineering Company of Tulsa Inc
How we got $3.3M
Based on its 18 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 81 years (since 1945)
- Founder still runs it after 81 years
- Family in the business (Matt Byrne, Vice President)
From public records and the company's website, not a statement that it's for sale.
What they do
Plastic Engineering Company of Tulsa, Inc. is a privately-held, family-owned company in Tulsa, OK that serves as both a distribution center and a custom fabrication facility, serving current and prospective customers for single parts or large production runs.
From the company's website. Industry: Engineering & architecture.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- OSAGE NATION GAMING ENTERPRISE · Tulsa, 9 mi · $274.0M
- QUAPAW CASINO AUTHORITY OF THE QUAPAW TRIBE OF OKLAHOMA (O-G · Miami, 82 mi · $36.7M
- SHANGRI-LA RESORT, LLC · Afton, 67 mi · $31.6M
- TULSA HOTEL LLC · Tulsa, 6 mi · $18.6M
- SJS HOSPITALITY LLC · Broken Arrow, 6 mi · $15.4M
- KELVION INC. · Catoosa, 12 mi · $614.3M
- COF AGGREGATE HOLDINGS, INC · Sand Springs, 17 mi · $527.7M
- T. D. WILLIAMSON INC. · Tulsa, 3 mi · $468.9M
- AXH HOLDINGS · Tulsa, 3 mi · $319.7M
- MCELROY MANUFACTURING INC · Tulsa, 5 mi · $144.4M
- Laredo Petroleum · Tulsa, 6 mi · $1.95B
- Aaon, Inc. · Tulsa, 7 mi · $1.44B
- JCL SAFETY SERVICES, LLC · Tulsa, 4 mi · $1.02B
- XCALIBER INTERNATIONAL, LTD · Pryor, 38 mi · $615.3M
- KELVION INC. · Catoosa, 12 mi · $614.3M
Estimated value over time
▲ 90% 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 |
|---|---|---|
| PLASTIC ENGINEERING COMPANY OF TULSA INC this business | $4.7M | — |
| Tulsa Cable Television Inc Tulsa | $2.0M | 0.1 mi |
| Metro Business Solutions Inc Tulsa | $2.0M | 0.3 mi |
| UScellular Tulsa | $2.0M | 0.3 mi |
| Global Safety Labs Tulsa | $2.0M | 0.3 mi |
| Dtech Computerists Inc Tulsa | $2.0M | 0.3 mi |
| ANDERSON OIL & GAS CONSULTANTS, INC Tulsa · 2 employees | $795K | 0.5 mi |
The full calculation
| Employees reported to the SBA | 18 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.5M |
| Estimate: the two combined (geometric mean) | $4.7M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $773K |
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 | $3.3M |
| Multiple for this size and industry | 4.3× |
| Value range | $1.7M – $4.5M |
| Revenue range | $3.1M – $5.4M |
| EBITDA range | $508K – $881K |
| Industry (NAICS) | Engineering Services (541330) |
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
“Plastic Engineering Company of Tulsa, Inc. was born during the spring of 1945 in the garage of Dan and Margaret Byrne, where they started fabricating plastic furniture.”
Leadership
- MBMatt ByrneVice President · Company website · source
- VGVirginia GleasonVice President · Company website · source
- SBShannon BentleyINSIDE SALES · Company website · source
- MOMarty OdomGRAPHICS MANAGER · Company website · source
- HSHenry Spencerplant manager · Company website · source
Advisors
- BankingArvest 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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $154K | 18 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Plastic Engineering Company of Tulsa Inc
Plastic Engineering Company of Tulsa Inc is a family-owned engineering & architecture company in Tulsa, Oklahoma, in business since 1945. It is owned by Dan and Margaret Byrne (Founder). Its estimated annual revenue is about $4.7M, with roughly $773K of EBITDA. It has about 18 employees. Its estimated business value is $3.3M (likely range $1.7M–$4.5M).
Common questions
- Who owns Plastic Engineering Company of Tulsa Inc?
- Plastic Engineering Company of Tulsa Inc is owned by Dan and Margaret Byrne (Founder), according to public sources such as the company's website or filings.
- How much revenue does Plastic Engineering Company of Tulsa Inc make?
- SeeBITDA estimates Plastic Engineering Company of Tulsa Inc's annual revenue at about $4.7M (likely between $3.1M and $5.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Plastic Engineering Company of Tulsa Inc worth?
- About $3.3M, roughly 4.3× its estimated EBITDA of $773K, typical for a engineering & architecture company its size. Likely range: $1.7M–$4.5M.
- How many employees does Plastic Engineering Company of Tulsa Inc have?
- About 18, as reported on its PPP loan.
- When was Plastic Engineering Company of Tulsa Inc founded?
- Plastic Engineering Company of Tulsa Inc has been in business since 1945.
- Is Plastic Engineering Company of Tulsa Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 81 years (since 1945); founder still runs it after 81 years; family in the business (matt byrne, vice president).