Silicone Specialties, Inc.
How we got $33.9M
Based on its 85 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 57 years (since 1969)
From public records and the company's website, not a statement that it's for sale.
What they do
Silicone Specialties, Inc. (SSI) is a Tulsa, Oklahoma company founded in 1969 that supplies commercial and highway construction materials, with touchpoints in many industries. Its Highway Products division offers its own Silspec brand of materials for bridges and roadways.
From the company's website. Industry: Other Professional Equipment and Supplies Merchant Wholesalers.
Customers & suppliers
Suppliers & brands
- Dow Corning · brand it sells or installs
Estimated value over time
▼ 10% 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
▲ 11% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 85 | $64.1M |
| 2020 | Form 5500 | 74 | $55.8M |
| 2021 | Form 5500 | 74 | $55.8M |
| 2022 | Form 5500 | 75 | $56.5M |
| 2023 | Form 5500 | 92 | $69.3M |
| 2024 | Form 5500 | 94 | $70.8M |
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 |
|---|---|---|
| SILICONE SPECIALTIES, INC. this business | $79.9M | — |
| W B COX COMPANY INC Tulsa · 6 employees | $3.9M | 0.2 mi |
| WORDCOM INC Tulsa · 3 employees | $5.4M | 0.4 mi |
| DALEY DENTAL LABORATORY INC Tulsa · 2 employees | $1.5M | 0.4 mi |
| F C ZIEGLER COMPANY Tulsa · 114 employees | $99.5M | 0.8 mi |
| IQ SURGICAL, LLC Tulsa · 7 employees | $4.4M | 0.8 mi |
| PRUITT MEDICAL SALES, LLC Tulsa · 2 employees | $2.4M | 1.7 mi |
The full calculation
| Employees reported to the SBA | 85 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $68.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $71.4M |
| Estimate: the two combined (geometric mean) | $79.9M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $5.5M |
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 | $33.9M |
| Multiple for this size and industry | 6.2× |
| Value range | $17.9M – $46.4M |
| Revenue range | $52.6M – $91.1M |
| EBITDA range | $3.6M – $6.2M |
| Industry (NAICS) | Other Professional Equipment and Supplies Merchant Wholesalers (423490) |
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
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $1.3M | 85 |
2 locations
| 430 S Rockford Ave | Tulsa | This listing |
| 610 NE 36th St | Oklahoma City | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Silicone Specialties, Inc.
Silicone Specialties, Inc. is an other professional equipment and supplies merchant wholesalers company in Tulsa, Oklahoma, in business since 1969. Its estimated annual revenue is about $79.9M, with roughly $5.5M of EBITDA. It has about 94 employees. Its estimated business value is $33.9M (likely range $17.9M–$46.4M). It has 2 locations.
Common questions
- Who owns Silicone Specialties, Inc.?
- The owner of Silicone Specialties, 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 Silicone Specialties, Inc. make?
- SeeBITDA estimates Silicone Specialties, Inc.'s annual revenue at about $79.9M (likely between $52.6M and $91.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Silicone Specialties, Inc. worth?
- About $33.9M, roughly 6.2× its estimated EBITDA of $5.5M, typical for a other professional equipment and supplies merchant wholesalers company its size. Likely range: $17.9M–$46.4M.
- How many employees does Silicone Specialties, Inc. have?
- About 94, from its 2024 retirement-plan filing.
- When was Silicone Specialties, Inc. founded?
- Silicone Specialties, Inc. has been in business since 1969.