Reel Power Industrial Inc.
How we got $50.0M
Based on its 124 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Customers & suppliers
Customers
- Department of the Navy · federal contracts $1.0M
- Defense Logistics Agency · federal contracts $550K
- Department of the Army · federal contracts $79K
- U.S. Coast Guard · federal contracts $55K
- National Oceanic and Atmospheric Administration · federal contracts $29K
Estimated value over time
▼ 13% 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
▲ 52% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 124 | $51.7M |
| 2020 | Form 5500 | 131 | $54.6M |
| 2021 | Form 5500 | 128 | $53.3M |
| 2022 | Form 5500 | 143 | $59.6M |
| 2023 | Form 5500 | 150 | $62.5M |
| 2024 | Form 5500 | 177 | $73.8M |
| 2025 | Form 5500 | 188 | $78.3M |
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 |
|---|---|---|
| REEL POWER INDUSTRIAL INC. this business | $70.6M | — |
| BLASTPRO MANUFACTURING, INC. Oklahoma City · 58 employees | $25.6M | 4.3 mi |
| STEVE'S BINDERY SERVICE, INC. Oklahoma City · 7 employees | $2.9M | 5.3 mi |
| BROKE BREWING COMPANY, LLC Oklahoma City · 3 employees | $2.7M | 7.3 mi |
| CONTINENTAL BROEKRS AND CONSULTANTS INC Oklahoma City · 26 employees | $13.6M | 7.4 mi |
| CONTINENTAL BROKERS AND CONSULTANTS, INC. Oklahoma City · 26 employees | $13.6M | 7.4 mi |
| ANTHEM BREWING COMPANY, LLC Oklahoma City · 9 employees | $5.0M | 7.7 mi |
The full calculation
| Employees reported to the SBA | 124 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $81.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $47.0M |
| Estimate: the two combined (geometric mean) | $70.6M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $7.4M |
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 | $50.0M |
| Multiple for this size and industry | 6.8× |
| Value range | $26.3M – $68.4M |
| Revenue range | $46.4M – $80.5M |
| EBITDA range | $4.8M – $8.4M |
| Industry (NAICS) | Industrial Machinery Manufacturing (333249) |
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
- AccountingForvis Mazars LLPAudits its 401(k) plan (2025 filing)
- BankingCIBC Bank USAPPP / 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
| CIBC Bank USA PPP 2020 | All 6 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $1.3M | 124 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Reel Power Industrial Inc.
Reel Power Industrial Inc. is an industrial machinery manufacturing company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $70.6M, with roughly $7.4M of EBITDA. It has about 188 employees. Its estimated business value is $50.0M (likely range $26.3M–$68.4M).
Common questions
- Who owns Reel Power Industrial Inc.?
- The owner of Reel Power Industrial Inc. 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 Reel Power Industrial Inc. make?
- SeeBITDA estimates Reel Power Industrial Inc.'s annual revenue at about $70.6M (likely between $46.4M and $80.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Reel Power Industrial Inc. worth?
- About $50.0M, roughly 6.8× its estimated EBITDA of $7.4M, typical for a industrial machinery manufacturing company its size. Likely range: $26.3M–$68.4M.
- How many employees does Reel Power Industrial Inc. have?
- About 188, from its 2025 retirement-plan filing.