Reliance Refrigeration and Hvac Inc
How we got $109K
Based on its 2 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
Customers & suppliers
Customers
- Department of Veterans Affairs · federal contracts $21K
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RELIANCE REFRIGERATION AND HVAC INC this business | $362K | — |
| JSG ELECTRICAL SOLUTIONS LLC Oklahoma City · 2 employees | $635K | 0.2 mi |
| BURTON CONTROLS INC Oklahoma City · 40 employees | $16.9M | 0.8 mi |
| Electrical Line Services Inc Oklahoma City | $1.9M | 1.2 mi |
| First Time Heat & Air Oklahoma City | $1.9M | 1.3 mi |
| TRI-TECH ELECTRIC, INC. Oklahoma City · 12 employees | $3.5M | 1.3 mi |
| EDCO PLUMBING, HEATING & COOLING, LLC Oklahoma City · 2 employees | $554K | 1.6 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $518K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $194K |
| Estimate: the two combined (geometric mean) | $362K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $54K |
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 | $109K |
| Multiple for this size and industry | 2× |
| Value range | $57K – $149K |
| Revenue range | $238K – $412K |
| EBITDA range | $36K – $62K |
| Industry (NAICS) | Plumbing, Heating, and Air-Conditioning Contractors (238220) |
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
History & advisors
Advisors
- BankingArvest 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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $6K | 2 |
| 1/22/2021 | second | $4K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Reliance Refrigeration and Hvac Inc
Reliance Refrigeration and Hvac Inc is a plumbing, heating & air company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $362K, with roughly $54K of EBITDA. It has about 2 employees. Its estimated business value is $109K (likely range $57K–$149K).
Common questions
- Who owns Reliance Refrigeration and Hvac Inc?
- The owner of Reliance Refrigeration and Hvac 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 Reliance Refrigeration and Hvac Inc make?
- SeeBITDA estimates Reliance Refrigeration and Hvac Inc's annual revenue at about $362K (likely between $238K and $412K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Reliance Refrigeration and Hvac Inc worth?
- About $109K, roughly 2× its estimated EBITDA of $54K, typical for a plumbing, heating & air company its size. Likely range: $57K–$149K.
- How many employees does Reliance Refrigeration and Hvac Inc have?
- About 2, as reported on its PPP loan.