Scrap Management of Oklahoma, Inc
How we got $1.1M
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 53 years (since 1973)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Scrap Management of Oklahoma is a scrap metal recycling yard in Oklahoma City that accepts ferrous and nonferrous metals from household, automobile, demolition and industrial customers.
From the company's website. Industry: Recyclable Material Merchant Wholesalers.
Estimated value over time
▲ 48% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SCRAP MANAGEMENT OF OKLAHOMA, INC this business | $4.4M | — |
| GOLD STAR GRAPHICS INC. Oklahoma City · 13 employees | $11.8M | 2.3 mi |
| TECHNIQUE STUDIOS LLC Del City · 3 employees | $6.2M | 2.3 mi |
| DIANA SALAZAR Oklahoma City · 14 employees | $12.7M | 3.7 mi |
| METAL CHECK INC Oklahoma City · 12 employees | $11.8M | 3.7 mi |
| MARKING PRODUCTS INC. Oklahoma City · 5 employees | $3.9M | 3.7 mi |
| KEATHLEY HANDLING SOLUTIONS INC Okla. City · 7 employees | $5.1M | 3.9 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.4M |
| Estimate: the two combined (geometric mean) | $4.4M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $367K |
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 | $1.1M |
| Multiple for this size and industry | 2.9× |
| Value range | $560K – $1.5M |
| Revenue range | $2.9M – $5.0M |
| EBITDA range | $241K – $418K |
| Industry (NAICS) | Recyclable Material Merchant Wholesalers (423930) |
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
“Scrap Management Industries was founded by Kenny & Sherrie Burgess in 1973 in St. Joseph, MO.”
Leadership
- CWChasitie WaldenLegal · Company website · source
- KAKeith A. RhodesCFO · Company website · source
- JEJoel ErlichmanVP of Metals · Company website · source
- KHKyle HaulotteVP of Finance · Company website · source
Advisors
- BankingFirst Interstate 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
| First Interstate Bank PPP 2020, PPP 2021 | 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 | $39K | 3 |
| 4/29/2021 | second | $36K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Scrap Management of Oklahoma, Inc
Scrap Management of Oklahoma, Inc is a recyclable material merchant wholesalers company in Oklahoma City, Oklahoma, in business since 1973. It is owned by Jerrit Burgess (President and CEO). Its estimated annual revenue is about $4.4M, with roughly $367K of EBITDA. It has about 3 employees. Its estimated business value is $1.1M (likely range $560K–$1.5M).
Common questions
- Who owns Scrap Management of Oklahoma, Inc?
- Scrap Management of Oklahoma, Inc is owned by Jerrit Burgess (President and CEO), according to public sources such as the company's website or filings.
- How much revenue does Scrap Management of Oklahoma, Inc make?
- SeeBITDA estimates Scrap Management of Oklahoma, Inc's annual revenue at about $4.4M (likely between $2.9M and $5.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Scrap Management of Oklahoma, Inc worth?
- About $1.1M, roughly 2.9× its estimated EBITDA of $367K, typical for a recyclable material merchant wholesalers company its size. Likely range: $560K–$1.5M.
- How many employees does Scrap Management of Oklahoma, Inc have?
- About 3, as reported on its PPP loan.
- When was Scrap Management of Oklahoma, Inc founded?
- Scrap Management of Oklahoma, Inc has been in business since 1973.
- Is Scrap Management of Oklahoma, Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 53 years (since 1973); no family successor named on its website.