Progressive Valve Company
How we got $279K
Based on its 2 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 13% 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 VALVE COMPANY this business | $690K | — |
| W&K OILFIELD REPAIR LLC Drumright · 3 employees | $1.2M | 2.1 mi |
| CARGILL VALVE, LLC Drumright · 15 employees | $5.0M | 2.5 mi |
| JACKSON PUMP & SUPPLY, INC. Drumright · 14 employees | $4.9M | 2.7 mi |
| K AND W WELL SERVICE INC. Cushing · 43 employees | $17.3M | 6.9 mi |
| Global 7 Testing Cushing | $1.7M | 8.0 mi |
| Premier Safety Resources Cushing | $1.7M | 8.9 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $628K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $583K |
| Estimate: the two combined (geometric mean) | $690K |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $112K |
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 | $279K |
| Multiple for this size and industry | 2.5× |
| Value range | $147K – $381K |
| Revenue range | $454K – $787K |
| EBITDA range | $73K – $127K |
| Industry (NAICS) | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (811310) |
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
- BankingCustomers 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 Roles are as stated there and may be out of date.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
| Customers Bank PPP 2021 | All 220 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/28/2021 | first | $14K | 2 |
About Progressive Valve Company
Progressive Valve Company is a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company in Drumright, Oklahoma. Its estimated annual revenue is about $690K, with roughly $112K of EBITDA. It has about 2 employees. Its estimated business value is $279K (likely range $147K–$381K).
Common questions
- Who owns Progressive Valve Company?
- The owner of Progressive Valve Company 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 Valve Company make?
- SeeBITDA estimates Progressive Valve Company's annual revenue at about $690K (likely between $454K and $787K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Progressive Valve Company worth?
- About $279K, roughly 2.5× its estimated EBITDA of $112K, typical for a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company its size. Likely range: $147K–$381K.
- How many employees does Progressive Valve Company have?
- About 2, as reported on its PPP loan.