Sherrell Steel LLC
How we got $5.8M
Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 46% 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
Signs of a sale Unlikely to sell soon
- In business 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
What they do
Sherrell Steel LLC in Ada, OK is a building materials supplier and steel fabricator offering metal roofing, building kits, custom fabricating and welding, pipe, paint, gates and culvert. It describes itself as a one-stop-shop for building material needs.
From the company's website. Industry: Iron and Steel Mills and Ferroalloy Manufacturing.
Customers & suppliers
Customers
- Collins Metal Buildings · named on its website
- Jarrett Construction · named on its website
- Byrd Construction · named on its website
- JAG Metals LLC · named on its website
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SHERRELL STEEL LLC this business | $15.0M | — |
| ROFF IRON & SALES, INC. Roff · 8 employees | $14.1M | 12.2 mi |
| K & K LAUNDRY LLC Atoka · 2 employees | $3.5M | 47.8 mi |
| MID AMERICAN STEEL & WIRE CO., LLC Madill · 280 employees | $525.9M | 49.3 mi |
| BOARDMAN LLC Oklahoma City · 85 employees | $141.7M | 65.1 mi |
| MAX C. EPPS LLC Oklahoma City · 1 employees | $1.8M | 67.6 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $19.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.0M |
| Estimate: the two combined (geometric mean) | $15.0M |
| EBITDA margin (industry, adjusted for size) | 8% |
| 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 | $5.8M |
| Multiple for this size and industry | 4.7× |
| Value range | $3.1M – $8.0M |
| Revenue range | $9.9M – $17.2M |
| EBITDA range | $817K – $1.4M |
| Industry (NAICS) | Iron and Steel Mills and Ferroalloy Manufacturing (331110) |
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. 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
- BankingFirst Oklahoma 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 Oklahoma Bank PPP 2020 | All 695 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $115K | 13 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Sherrell Steel LLC
Sherrell Steel LLC is an iron and steel mills and ferroalloy manufacturing company in Ada, Oklahoma, in business since 2002. It is owned by Mr. Blake. Its estimated annual revenue is about $15.0M, with roughly $1.2M of EBITDA. It has about 13 employees. Its estimated business value is $5.8M (likely range $3.1M–$8.0M).
Common questions
- Who owns Sherrell Steel LLC?
- Sherrell Steel LLC is owned by Mr. Blake, according to public sources such as the company's website or filings.
- How much revenue does Sherrell Steel LLC make?
- SeeBITDA estimates Sherrell Steel LLC's annual revenue at about $15.0M (likely between $9.9M and $17.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sherrell Steel LLC worth?
- About $5.8M, roughly 4.7× its estimated EBITDA of $1.2M, typical for a iron and steel mills and ferroalloy manufacturing company its size. Likely range: $3.1M–$8.0M.
- How many employees does Sherrell Steel LLC have?
- About 13, as reported on its PPP loan.
- When was Sherrell Steel LLC founded?
- Sherrell Steel LLC has been in business since 2002.