Sigler Heat and Air, LLC
How we got $393K
Based on its 6 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
Signs of a sale Likely to sell
- In business 79 years (since 1947)
- 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
Sigler Heat & Air is a family-run HVAC company in Tulsa, OK, offering heating, cooling and ventilation services for residential and commercial customers since 1947.
From the company's website. Industry: Plumbing, heating & air.
Customers & suppliers
Suppliers & brands
- Carrier · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SIGLER HEAT AND AIR, LLC this business | $1.7M | — |
| TEMCO ELECTRIC, INC. Tulsa · 11 employees | $3.5M | 0.1 mi |
| Apex Plumbing Heating & Piping Tulsa | $1.9M | 0.3 mi |
| PAK-ALL INC. Tulsa · 10 employees | $2.5M | 0.3 mi |
| Cross Plumbing Inc Tulsa | $1.9M | 0.4 mi |
| Local Heat and Air Supply Tulsa | $1.9M | 0.5 mi |
| Service Wizards Tulsa | $1.9M | 0.6 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.6M |
| Estimate: the two combined (geometric mean) | $1.7M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $196K |
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 | $393K |
| Multiple for this size and industry | 2× |
| Value range | $207K – $537K |
| Revenue range | $1.1M – $1.9M |
| EBITDA range | $129K – $224K |
| Industry (NAICS) | Plumbing, Heating, and Air-Conditioning Contractors (238220) |
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
“Sigler Heat & Air began as Southwest Weathermakers in Tulsa in the mid-1930s before being purchased by Russ Sigler in the 1940s.”
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 |
|---|---|---|---|
| 4/15/2020 | first | $50K | 6 |
| 2/6/2021 | second | $47K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Sigler Heat and Air, LLC
Sigler Heat and Air, LLC is a family-owned plumbing, heating & air company in Tulsa, Oklahoma, in business since 1947. It is owned by Orval Gilleland (Operations Manager). Its estimated annual revenue is about $1.7M, with roughly $196K of EBITDA. It has about 6 employees. Its estimated business value is $393K (likely range $207K–$537K).
Common questions
- Who owns Sigler Heat and Air, LLC?
- Sigler Heat and Air, LLC is owned by Orval Gilleland (Operations Manager), according to public sources such as the company's website or filings.
- How much revenue does Sigler Heat and Air, LLC make?
- SeeBITDA estimates Sigler Heat and Air, LLC's annual revenue at about $1.7M (likely between $1.1M and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sigler Heat and Air, LLC worth?
- About $393K, roughly 2× its estimated EBITDA of $196K, typical for a plumbing, heating & air company its size. Likely range: $207K–$537K.
- How many employees does Sigler Heat and Air, LLC have?
- About 6, as reported on its PPP loan.
- When was Sigler Heat and Air, LLC founded?
- Sigler Heat and Air, LLC has been in business since 1947.
- Is Sigler Heat and Air, LLC for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 79 years (since 1947); no family successor named on its website.