Platinum Mechanical, LLC
How we got $18.9M
Based on its 134 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 19 years (since 2007)
From public records and the company's website, not a statement that it's for sale.
What they do
Platinum Mechanical, LLC is a full-service mechanical contracting company in Tulsa, Oklahoma, performing commercial, industrial, and institutional piping, plumbing, sheet metal, controls and utilities projects.
From the company's website. Industry: Plumbing, heating & air.
Customers & suppliers
Customers
- St. Francis Hospital · named on its website
- St. John's Hospital · named on its website
- Hillcrest Hospital · named on its website
- Osage & Cherokee Casinos · named on its website
- OSU Center for Health Sciences · named on its website
- The University of Tulsa · named on its website
- Oklahoma State University · named on its website
- Northeastern Oklahoma State University · named on its website
- Tulsa Community College · named on its website
- Union Public Schools · named on its website
- Jenks Public Schools · named on its website
- Broken Arrow Public Schools · named on its website
- Fox Hotel · named on its website
- Universal Ford Building · named on its website
- Cox Business Center · named on its website
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 |
|---|---|---|
| PLATINUM MECHANICAL, LLC this business | $49.5M | — |
| YORK PLUMBING INC Tulsa · 24 employees | $10.6M | 0.1 mi |
| MCINTOSH CORPORATION Tulsa · 161 employees | $105.6M | 0.3 mi |
| Airco Service Tulsa | $1.8M | 0.3 mi |
| M C ELECTRIC, INC Tulsa · 6 employees | $1.7M | 0.3 mi |
| DONOHUE COMMERCIAL SERVICE, INC. Tulsa · 24 employees | $10.2M | 0.4 mi |
| SUMMIT HOME SERVICES, LLC Tulsa · 5 employees | $1.9M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 134 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $45.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $41.8M |
| Estimate: the two combined (geometric mean) | $49.5M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $4.3M |
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 | $18.9M |
| Multiple for this size and industry | 4.4× |
| Value range | $10.0M – $25.9M |
| Revenue range | $32.6M – $56.5M |
| EBITDA range | $2.8M – $4.9M |
| 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
“Platinum Mechanical, LLC is a full-service Mechanical Contracting Company that started in March, 2011.”
Advisors
- BankingMabrey 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
| Mabrey Bank PPP 2020, PPP 2021 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $1.4M | 134 |
| 1/21/2021 | second | $1.4M | 69 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Platinum Mechanical, LLC
Platinum Mechanical, LLC is a plumbing, heating & air company in Tulsa, Oklahoma, in business since 2007. Its estimated annual revenue is about $49.5M, with roughly $4.3M of EBITDA. It has about 134 employees. Its estimated business value is $18.9M (likely range $10.0M–$25.9M).
Common questions
- Who owns Platinum Mechanical, LLC?
- The owner of Platinum Mechanical, LLC 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 Platinum Mechanical, LLC make?
- SeeBITDA estimates Platinum Mechanical, LLC's annual revenue at about $49.5M (likely between $32.6M and $56.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Platinum Mechanical, LLC worth?
- About $18.9M, roughly 4.4× its estimated EBITDA of $4.3M, typical for a plumbing, heating & air company its size. Likely range: $10.0M–$25.9M.
- How many employees does Platinum Mechanical, LLC have?
- About 134, as reported on its PPP loan.
- When was Platinum Mechanical, LLC founded?
- Platinum Mechanical, LLC has been in business since 2007.