Precision Engineering, 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 2020 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.
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, LLC this business | $5.8M | — |
| PRECISION ENGINEERING GROUP 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 2020 | 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 |
|---|---|---|---|
| 4/11/2020 | first | $264K | 16 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Precision Engineering, LLC
Precision Engineering, 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 16 employees. Its estimated business value is $3.6M (likely range $1.9M–$4.9M).
Common questions
- Who owns Precision Engineering, LLC?
- Precision Engineering, 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, LLC make?
- SeeBITDA estimates Precision Engineering, 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, 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, LLC have?
- About 16, as reported on its PPP loan.
- When was Precision Engineering, LLC founded?
- Precision Engineering, LLC has been in business since 2005.