Progressive Materials Management Incorporated
How we got $476K
Based on its 4 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▼ 14% since 2021Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PROGRESSIVE MATERIALS MANAGEMENT INCORPORATED this business | $2.0M | — |
| RUBICON MEDICAL LLC Arcadia · 2 employees | $2.2M | 5.4 mi |
| VICMED L.L.C Edmond · 2 employees | $2.2M | 5.8 mi |
| J.D. LAKE ENTERPRISES, INC. Edmond · 2 employees | $2.8M | 5.9 mi |
| MCINTYRE ENTERPRISES, LLC Edmond · 4 employees | $2.6M | 6.7 mi |
| ADVANCED MEDICAL EQUIPMENT, LLC Guthrie · 4 employees | $3.6M | 6.9 mi |
| MACKLIN HAYES LLC Edmond · 1 employees | $1.5M | 7.4 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.1M |
| Estimate: the two combined (geometric mean) | $2.0M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $198K |
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 | $476K |
| Multiple for this size and industry | 2.4× |
| Value range | $250K – $651K |
| Revenue range | $1.3M – $2.2M |
| EBITDA range | $130K – $226K |
| Industry (NAICS) | Other Commercial Equipment Merchant Wholesalers (423440) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingBank of America, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| Bank of America, National Association PPP 2021 | All 1,034 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/10/2021 | second | $15K | 4 |
About Progressive Materials Management Incorporated
Progressive Materials Management Incorporated is an other commercial equipment merchant wholesalers company in Guthrie, Oklahoma. Its estimated annual revenue is about $2.0M, with roughly $198K of EBITDA. It has about 4 employees. Its estimated business value is $476K (likely range $250K–$651K).
Common questions
- Who owns Progressive Materials Management Incorporated?
- The owner of Progressive Materials Management Incorporated 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 Progressive Materials Management Incorporated make?
- SeeBITDA estimates Progressive Materials Management Incorporated's annual revenue at about $2.0M (likely between $1.3M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Progressive Materials Management Incorporated worth?
- About $476K, roughly 2.4× its estimated EBITDA of $198K, typical for a other commercial equipment merchant wholesalers company its size. Likely range: $250K–$651K.
- How many employees does Progressive Materials Management Incorporated have?
- About 4, as reported on its PPP loan.