Rainbow Plumbing Company
How we got $393K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 36% 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.
What we know
Signs of a sale Unlikely to sell soon
- In business 15 years (since 2011)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RAINBOW PLUMBING COMPANY this business | $1.7M | — |
| AIR COMFORT, INC Jenks · 62 employees | $20.8M | 0.3 mi |
| BUXTON ELECTRIC LLC Tulsa · 17 employees | $5.4M | 0.3 mi |
| Riverside Heat & Air LLC Jenks | $1.9M | 0.4 mi |
| Master Service Heating and Air Tulsa | $1.9M | 0.4 mi |
| IDEAL ELECTRIC LLC Tulsa · 8 employees | $2.2M | 0.5 mi |
| American Leak Detection Of Eastern Oklahoma Jenks | $1.9M | 0.7 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.9M |
| Estimate: the two combined (geometric mean) | $1.7M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $197K |
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 | $393K |
| Multiple for this size and industry | 2× |
| Value range | $207K – $538K |
| Revenue range | $1.1M – $1.9M |
| EBITDA range | $129K – $224K |
| Industry (NAICS) | Plumbing, Heating, and Air-Conditioning Contractors (238220) |
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
History & advisors
Advisors
- BankingJPMorgan Chase Bank, 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 Roles are as stated there and may be out of date.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
| JPMorgan Chase Bank, National Association PPP 2020 | All 993 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $60K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Rainbow Plumbing Company
Rainbow Plumbing Company is a plumbing, heating & air company in Jenks, Oklahoma, in business since 2011. Its estimated annual revenue is about $1.7M, with roughly $197K of EBITDA. It has about 5 employees. Its estimated business value is $393K (likely range $207K–$538K).
Common questions
- Who owns Rainbow Plumbing Company?
- The owner of Rainbow Plumbing 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 Rainbow Plumbing Company make?
- SeeBITDA estimates Rainbow Plumbing Company's annual revenue at about $1.7M (likely between $1.1M and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rainbow Plumbing Company worth?
- About $393K, roughly 2× its estimated EBITDA of $197K, typical for a plumbing, heating & air company its size. Likely range: $207K–$538K.
- How many employees does Rainbow Plumbing Company have?
- About 5, as reported on its PPP loan.
- When was Rainbow Plumbing Company founded?
- Rainbow Plumbing Company has been in business since 2011.