Prescor LLC
How we got $19.3M
Based on its 60 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 28 years (since 1998)
- Headcount down 33% since 2020 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
What they do
Prescor Inc. is a Tulsa, Oklahoma manufacturer of hot formed pressure vessel and tank heads, part of The Conrex Group of Companies, serving industries that need pressure vessel tank heads.
From the company's website. Industry: Plate Work Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- EXPLORER PIPELINE COMPANY · Tulsa, 8 mi · $619.2M
- MID-CON ENERGY OPERATING, LLC · Tulsa, 7 mi · $467.8M
- SAMSON RESOURCES II OPCO, LLC · Tulsa, 9 mi · $326.8M
- BKG INDUSTRIES, LLC · Stigler, 74 mi · $318.3M
- SUPERIOR MIDSTREAM, LLC · Tulsa, 9 mi · $315.1M
- THE HAWTHORN GROUP, INC. · Tulsa, 17 mi · $437.3M
- CUSTOM COMMODITIES, INC · Vinita, 66 mi · $137.0M
- EAGLE REDI-MIX CONCRETE LLC · Tulsa, 10 mi · $111.7M
- MILLER TRUCK LINES LLC · Stroud, 38 mi · $106.6M
- JCT HOLDING CO LLC · Sapulpa, 8 mi · $101.6M
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
▼ 53% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 60 | $17.6M |
| 2020 | Form 5500 | 42 | $12.3M |
| 2021 | Form 5500 | 27 | $7.9M |
| 2022 | Form 5500 | 28 | $8.2M |
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 |
|---|---|---|
| PRESCOR LLC this business | $31.3M | — |
| OK FAB AND MACHINING, LLC Tulsa · 25 employees | $19.1M | 0.3 mi |
| S&S FABRICATIONS, LLC Tulsa · 4 employees | $1.5M | 1.3 mi |
| AMRON ENTERPRISES, LLC Sapulpa · 4 employees | $2.7M | 1.9 mi |
| LASER SPECIALTIES, INC. Tulsa · 41 employees | $20.0M | 2.2 mi |
| D & N FABRICATION, INC. Sapulpa · 57 employees | $47.2M | 3.0 mi |
| MIDWEST METALS LLC Tulsa · 6 employees | $3.2M | 6.9 mi |
The full calculation
| Employees reported to the SBA | 60 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $23.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $31.8M |
| Estimate: the two combined (geometric mean) | $31.3M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $3.3M |
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 | $19.3M |
| Multiple for this size and industry | 5.8× |
| Value range | $10.2M – $26.5M |
| Revenue range | $20.6M – $35.7M |
| EBITDA range | $2.2M – $3.8M |
| 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
Advisors
- BankingFirst Oklahoma 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
| First Oklahoma Bank PPP 2020, PPP 2021 | All 695 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $800K | 60 |
| 1/30/2021 | second | $800K | 60 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Prescor LLC
Prescor LLC is a plate work manufacturing company in Tulsa, Oklahoma, in business since 1998. Its estimated annual revenue is about $31.3M, with roughly $3.3M of EBITDA. It has about 28 employees. Its estimated business value is $19.3M (likely range $10.2M–$26.5M).
Common questions
- Who owns Prescor LLC?
- The owner of Prescor 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 Prescor LLC make?
- SeeBITDA estimates Prescor LLC's annual revenue at about $31.3M (likely between $20.6M and $35.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Prescor LLC worth?
- About $19.3M, roughly 5.8× its estimated EBITDA of $3.3M, typical for a plate work manufacturing company its size. Likely range: $10.2M–$26.5M.
- How many employees does Prescor LLC have?
- About 28, from its 2022 retirement-plan filing.
- When was Prescor LLC founded?
- Prescor LLC has been in business since 1998.