Sands Weld and Fab Inc.
How we got $1.2M
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 15% 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
▼ 70% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 10 | $4.2M |
| 2022 | Form 5500 | 5 | $2.1M |
| 2023 | Form 5500 | 5 | $2.1M |
| 2024 | Form 5500 | 3 | $1.3M |
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 |
|---|---|---|
| SANDS WELD AND FAB INC. this business | $3.0M | — |
| OGI PROCESS EQUIPMENT INC. Sand Springs · 71 employees | $27.0M | 0.8 mi |
| ECONOMASTERS, LLC Tulsa · 28 employees | $12.5M | 3.0 mi |
| BORN, INC Tulsa · 24 employees | $20.7M | 4.0 mi |
| 3-D MANUFACTURING, INC Sapulpa · 11 employees | $3.3M | 4.6 mi |
| THE WHITE GROUP INC Tulsa · 1 employees | $418K | 5.3 mi |
| ACCURATE MACHINE & MAINTENANCE INC Tulsa · 5 employees | $1.6M | 5.5 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.5M |
| Estimate: the two combined (geometric mean) | $3.0M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $385K |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has fallen 8% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $1.2M |
| Multiple for this size and industry | 3.2× |
| Value range | $739K – $1.9M |
| Revenue range | $2.2M – $3.8M |
| EBITDA range | $289K – $500K |
| Industry (NAICS) | Power Boiler and Heat Exchanger Manufacturing (332410) |
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
- BankingSecurity 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
| Security Bank PPP 2020, PPP 2021 | All 617 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $91K | 10 |
| 1/21/2021 | second | $63K | 8 |
About Sands Weld and Fab Inc.
Sands Weld and Fab Inc. is a power boiler and heat exchanger manufacturing company in Tulsa, Oklahoma. Its estimated annual revenue is about $3.0M, with roughly $385K of EBITDA. It has about 3 employees. Its estimated business value is $1.2M (likely range $739K–$1.9M).
Common questions
- Who owns Sands Weld and Fab Inc.?
- The owner of Sands Weld and Fab 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 Sands Weld and Fab Inc. make?
- SeeBITDA estimates Sands Weld and Fab Inc.'s annual revenue at about $3.0M (likely between $2.2M and $3.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sands Weld and Fab Inc. worth?
- About $1.2M, roughly 3.2× its estimated EBITDA of $385K, typical for a power boiler and heat exchanger manufacturing company its size. Likely range: $739K–$1.9M.
- How many employees does Sands Weld and Fab Inc. have?
- About 3, from its 2024 retirement-plan filing.