Shen Te Enterprises Inc.
- Bonnie BerneyOwner · Company website
- Helga KampOwner · Company website
How we got $5.9M
Based on its 27 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▼ 9% since 2021Today'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
▼ 41% since 2021Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2021 | PPP loan | 27 | $9.2M |
| 2022 | Form 5500 | 22 | $7.5M |
| 2023 | Form 5500 | 19 | $6.5M |
| 2024 | Form 5500 | 16 | $5.4M |
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.
What we know
Signs of a sale Some signs of a sale
- In business 30 years (since 1996)
- Family in the business (Helga Kamp, Owner)
- Headcount down 27% since 2022 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
What they do
Shen Te Enterprises is a military flight simulation development firm with over 25 years of experience in logistics and trainer development, serving military and commercial training system requirements.
From the company's website. Industry: Commercial and Service Industry Machinery Manufacturing.
Customers & suppliers
Customers
- U.S. Coast Guard · federal contracts $575K
- NAVAIR · named on its website
- Air Mobility Command · named on its website
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SHEN TE ENTERPRISES INC. this business | $11.1M | — |
| FLUID CONTROLS INC Tulsa · 13 employees | $5.1M | 4.8 mi |
| FENIX EQUIPMENT CO Tulsa · 4 employees | $1.9M | 8.1 mi |
| TANK SPECIALITIES, INC. Tulsa · 12 employees | $5.0M | 9.9 mi |
| OKLAHOMA SHAMROCK SALES INC Tulsa · 15 employees | $5.9M | 12.1 mi |
| HOUSTON BROTHERS, INC. Broken Arrow · 2 employees | $919K | 18.3 mi |
| OPTICAL WORKS CORPORATION Muskogee · 9 employees | $4.0M | 40.8 mi |
The full calculation
| Employees reported to the SBA | 27 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.1M |
| Estimate: the two combined (geometric mean) | $11.1M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.2M |
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 | $5.9M |
| Multiple for this size and industry | 4.7× |
| Value range | $3.1M – $8.0M |
| Revenue range | $7.3M – $12.7M |
| EBITDA range | $820K – $1.4M |
| Industry (NAICS) | Commercial and Service Industry Machinery Manufacturing (333318) |
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
- BankingAmerican Heritage 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
| American Heritage Bank PPP 2021 | All 446 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/19/2021 | first | $300K | 27 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Shen Te Enterprises Inc.
Shen Te Enterprises Inc. is a commercial and service industry machinery manufacturing company in Tulsa, Oklahoma, in business since 1996. It is owned by Bonnie Berney & Helga Kamp. Its estimated annual revenue is about $11.1M, with roughly $1.2M of EBITDA. It has about 16 employees. Its estimated business value is $5.9M (likely range $3.1M–$8.0M).
Common questions
- Who owns Shen Te Enterprises Inc.?
- Shen Te Enterprises Inc. is owned by Bonnie Berney & Helga Kamp, according to public sources such as the company's website or filings.
- How much revenue does Shen Te Enterprises Inc. make?
- SeeBITDA estimates Shen Te Enterprises Inc.'s annual revenue at about $11.1M (likely between $7.3M and $12.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Shen Te Enterprises Inc. worth?
- About $5.9M, roughly 4.7× its estimated EBITDA of $1.2M, typical for a commercial and service industry machinery manufacturing company its size. Likely range: $3.1M–$8.0M.
- How many employees does Shen Te Enterprises Inc. have?
- About 16, from its 2024 retirement-plan filing.
- When was Shen Te Enterprises Inc. founded?
- Shen Te Enterprises Inc. has been in business since 1996.