Precision Metal Forming, L.L.C.
How we got $3.0M
Based on its 17 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 44 years (since 1982)
From public records and the company's website, not a statement that it's for sale.
What they do
Precision Metal Forming, L.L.C. is a family-owned, locally operated company in Oklahoma City that provides powder coating, sand stripping, custom fabrication, and 3D CNC wire forming for a wide variety of metal and wire products.
From the company's website. Industry: Plate Work Manufacturing.
Estimated value over time
▼ 6% 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
▼ 47% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 17 | $5.0M |
| 2020 | Form 5500 | 14 | $4.1M |
| 2021 | Form 5500 | 13 | $3.8M |
| 2022 | Form 5500 | 12 | $3.5M |
| 2023 | Form 5500 | 10 | $2.9M |
| 2024 | Form 5500 | 10 | $2.9M |
| 2025 | Form 5500 | 9 | $2.6M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PRECISION METAL FORMING, L.L.C. this business | $5.8M | — |
| APOLLO ORNAMENTAL IRON, L.L.C. Oklahoma City · 7 employees | $2.6M | 1.9 mi |
| QUALITY STAINLESS LLC Oklahoma City · 16 employees | $5.6M | 2.4 mi |
| K&E FABRICATION LLC Oklahoma City · 22 employees | $17.9M | 2.5 mi |
| PREMIERCRAFT, INCORPORATED Oklahoma City · 10 employees | $3.9M | 2.7 mi |
| JOHNSTON TEST CELL GROUP LLC Oklahoma City · 4 employees | $2.8M | 2.8 mi |
| M & M FABRICATION & SERVICES INC Oklahoma City · 6 employees | $2.5M | 4.2 mi |
The full calculation
| Employees reported to the SBA | 17 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.3M |
| Estimate: the two combined (geometric mean) | $5.8M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $762K |
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 | $3.0M |
| Multiple for this size and industry | 3.9× |
| Value range | $1.6M – $4.1M |
| Revenue range | $3.8M – $6.7M |
| EBITDA range | $501K – $868K |
| Industry (NAICS) | Plate Work Manufacturing (332313) |
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
“Precision Metal Forming, LLC in Oklahoma City has a proven record of excellence. Specialized in custom designing a wide variety of wire and metal products since 1982.”
Advisors
- BankingFirst United Bank and Trust CompanyPPP / 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
| First United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $116K | 17 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Precision Metal Forming, L.L.C.
Precision Metal Forming, L.L.C. is a plate work manufacturing company in Oklahoma City, Oklahoma, in business since 1982. Its estimated annual revenue is about $5.8M, with roughly $762K of EBITDA. It has about 9 employees. Its estimated business value is $3.0M (likely range $1.6M–$4.1M).
Common questions
- Who owns Precision Metal Forming, L.L.C.?
- The owner of Precision Metal Forming, L.L.C. 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 Precision Metal Forming, L.L.C. make?
- SeeBITDA estimates Precision Metal Forming, L.L.C.'s annual revenue at about $5.8M (likely between $3.8M and $6.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Precision Metal Forming, L.L.C. worth?
- About $3.0M, roughly 3.9× its estimated EBITDA of $762K, typical for a plate work manufacturing company its size. Likely range: $1.6M–$4.1M.
- How many employees does Precision Metal Forming, L.L.C. have?
- About 9, from its 2025 retirement-plan filing.
- When was Precision Metal Forming, L.L.C. founded?
- Precision Metal Forming, L.L.C. has been in business since 1982.