Prime Industrial Recruiters,in
How we got $13.3M
Based on its 420 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 24 years (since 2002)
- Headcount down 20% since 2024 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
What they do
Prime Industrial Recruiters is a staffing agency that since 1995 has provided staff for industrial, factory and manufacturing positions, placing job seekers and finding employees for employers.
From the company's website. Industry: Staffing & recruiting.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Laredo Petroleum · Tulsa, 4 mi · $1.95B
- Aaon, Inc. · Tulsa, 5 mi · $1.44B
- Integrated Service Co Llc · Tulsa, 8 mi · $1.21B
- NORDAM Nacelle & Thrust Reverser Division · Tulsa, 9 mi · $951.2M
- Webco Industries, Inc · Sand Springs, 10 mi · $870.6M
Estimated value over time
▲ 25% 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
▼ 91% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 420 | $25.3M |
| 2020 | Form 5500 | 34 | $2.0M |
| 2021 | Form 5500 | 29 | $1.7M |
| 2022 | Form 5500 | 38 | $2.3M |
| 2023 | Form 5500 | 25 | $1.5M |
| 2024 | Form 5500 | 49 | $2.9M |
| 2025 | Form 5500 | 39 | $2.3M |
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 |
|---|---|---|
| PRIME INDUSTRIAL RECRUITERS,IN this business | $27.5M | — |
| ELITE WORKFORCE LLC Tulsa · 10 employees | $1.3M | 0.0 mi |
| PRIMEFORCE INC Tulsa · 189 employees | $12.1M | 0.0 mi |
| ALTERNATIVE LABOR RESOURCES, INC Tulsa · 52 employees | $4.9M | 0.9 mi |
| A STAFF LLC Tulsa · 5 employees | $682K | 1.1 mi |
| ACCENT STAFFING, INC. Tulsa · 35 employees | $3.8M | 1.1 mi |
| VANGUARD BUSINESS CONSULTATIONS, INC Tulsa · 1 employees | $113K | 1.2 mi |
The full calculation
| Employees reported to the SBA | 420 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $27.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $27.5M |
| Estimate: the two combined (geometric mean) | $27.5M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $2.4M |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has grown 1% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $13.3M |
| Multiple for this size and industry | 5.5× |
| Value range | $8.0M – $20.7M |
| Revenue range | $20.6M – $35.7M |
| EBITDA range | $1.8M – $3.1M |
| Industry (NAICS) | Temporary Help Services (561320) |
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
- 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 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $2.7M | 420 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Prime Industrial Recruiters,in
Prime Industrial Recruiters,in is a staffing & recruiting company in Tulsa, Oklahoma, in business since 2002. It is owned by Chris Rawlings (CEO/Founder). Its estimated annual revenue is about $27.5M, with roughly $2.4M of EBITDA. It has about 39 employees. Its estimated business value is $13.3M (likely range $8.0M–$20.7M).
Common questions
- Who owns Prime Industrial Recruiters,in?
- Prime Industrial Recruiters,in is owned by Chris Rawlings (CEO/Founder), according to public sources such as the company's website or filings.
- How much revenue does Prime Industrial Recruiters,in make?
- SeeBITDA estimates Prime Industrial Recruiters,in's annual revenue at about $27.5M (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 Prime Industrial Recruiters,in worth?
- About $13.3M, roughly 5.5× its estimated EBITDA of $2.4M, typical for a staffing & recruiting company its size. Likely range: $8.0M–$20.7M.
- How many employees does Prime Industrial Recruiters,in have?
- About 39, from its 2025 retirement-plan filing.
- When was Prime Industrial Recruiters,in founded?
- Prime Industrial Recruiters,in has been in business since 2002.