Precision Engineering Group LLC
- Jeff JaafarPrincipal, Mechanical Engineer · Company website
- Greg WileyPrincipal · Company website
How we got $3.6M
Based on its 16 employees and its payroll, both reported for PPP in 2021 and brought up to date.
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.
Employees over time
▲ 13% since 2021Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2021 | PPP loan | 16 | $3.5M |
| 2020 | Form 5500 | 16 | $3.5M |
| 2021 | Form 5500 | 16 | $3.5M |
| 2022 | Form 5500 | 16 | $3.5M |
| 2023 | Form 5500 | 16 | $3.5M |
| 2024 | Form 5500 | 19 | $4.2M |
| 2025 | Form 5500 | 18 | $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 Unlikely to sell soon
- In business 21 years (since 2005)
From public records and the company's website, not a statement that it's for sale.
What they do
Precision Engineering Group, LLC is a mechanical and electrical engineering and design consulting firm. It works across many market types and in permitting jurisdictions nationwide.
From the company's website. Industry: Engineering & architecture.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PRECISION ENGINEERING GROUP LLC this business | $5.8M | — |
| PRECISION ENGINEERING, LLC Tulsa · 16 employees | $5.8M | 0.0 mi |
| Ace Network Consulting Tulsa | $2.0M | 0.0 mi |
| Geek Squad Tulsa | $2.0M | 0.2 mi |
| JOSHI TECHNOLOGIES INTERNATIONAL, INC. Tulsa · 10 employees | $5.0M | 0.2 mi |
| WHITE DESIGN GROUP, P.C. Tulsa · 2 employees | $799K | 0.2 mi |
| Logix Communications Tulsa | $2.0M | 0.3 mi |
The full calculation
| Employees reported to the SBA | 16 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.9M |
| Estimate: the two combined (geometric mean) | $5.8M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $838K |
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 | $3.6M |
| Multiple for this size and industry | 4.3× |
| Value range | $1.9M – $4.9M |
| Revenue range | $3.8M – $6.6M |
| EBITDA range | $551K – $956K |
| 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
History & advisors
“Our company was formed in 2005 and the members of our team have personal working relationships going back more than 20 years.”
Advisors
- BankingRCB 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
| RCB Bank PPP 2021 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/23/2021 | second | $264K | 16 |
2 locations
| 5800 E Skelly Dr Ste 1100 | Tulsa | This listing |
| 1560 E 21st St Ste 202 | Tulsa | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Precision Engineering Group LLC
Precision Engineering Group LLC is an engineering & architecture company in Tulsa, Oklahoma, in business since 2005. It is owned by Peter Hilger (Principal, Electrical Engineer). Its estimated annual revenue is about $5.8M, with roughly $838K of EBITDA. It has about 18 employees. Its estimated business value is $3.6M (likely range $1.9M–$4.9M). It has 2 locations.
Common questions
- Who owns Precision Engineering Group LLC?
- Precision Engineering Group LLC is owned by Peter Hilger (Principal, Electrical Engineer), according to public sources such as the company's website or filings.
- How much revenue does Precision Engineering Group LLC make?
- SeeBITDA estimates Precision Engineering Group LLC's annual revenue at about $5.8M (likely between $3.8M and $6.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Precision Engineering Group LLC worth?
- About $3.6M, roughly 4.3× its estimated EBITDA of $838K, typical for a engineering & architecture company its size. Likely range: $1.9M–$4.9M.
- How many employees does Precision Engineering Group LLC have?
- About 18, from its 2025 retirement-plan filing.
- When was Precision Engineering Group LLC founded?
- Precision Engineering Group LLC has been in business since 2005.