Silver Arc Welding Inc
- Misty SilverSigns company filings · Form 5500 (2023)
How we got $6.3M
Based on its 50 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 23 years (since 2003)
- Headcount down 38% since 2021 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 33% 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
▼ 60% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 50 | $12.0M |
| 2020 | Form 5500 | 15 | $3.6M |
| 2021 | Form 5500 | 32 | $7.7M |
| 2022 | Form 5500 | 30 | $7.2M |
| 2023 | Form 5500 | 20 | $4.8M |
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 |
|---|---|---|
| SILVER ARC WELDING INC this business | $21.4M | — |
| Vargas Roofing Enid | $2.2M | 2.8 mi |
| EAGLE HERITAGE ROOFING INC Enid · 9 employees | $3.7M | 2.9 mi |
| PABLO'S HOMEWORKS LLC Enid · 2 employees | $1.4M | 3.4 mi |
| WALLER GLASS CO INC Enid · 6 employees | $1.2M | 3.9 mi |
| D & S Materials Enid | $2.2M | 4.3 mi |
| GARFIELD GLASS LLC Enid · 1 employees | $212K | 4.5 mi |
The full calculation
| Employees reported to the SBA | 50 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $17.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $19.7M |
| Estimate: the two combined (geometric mean) | $21.4M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.9M |
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 | $6.3M |
| Multiple for this size and industry | 3.4× |
| Value range | $3.3M – $8.6M |
| Revenue range | $14.1M – $24.4M |
| EBITDA range | $1.2M – $2.1M |
| Industry (NAICS) | Other Foundation, Structure, and Building Exterior Contractors (238190) |
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
- BankingStride Bank, National AssociationPPP / 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
| Stride Bank, National Association PPP 2020, PPP 2021 | All 504 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $675K | 50 |
| 2/25/2021 | second | $602K | 24 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Silver Arc Welding Inc
Silver Arc Welding Inc is an other foundation, structure, and building exterior contractors company in Enid, Oklahoma, in business since 2003. It is owned by TJ Silver (Owner/Operator). Its estimated annual revenue is about $21.4M, with roughly $1.9M of EBITDA. It has about 20 employees. Its estimated business value is $6.3M (likely range $3.3M–$8.6M).
Common questions
- Who owns Silver Arc Welding Inc?
- Silver Arc Welding Inc is owned by TJ Silver (Owner/Operator), according to public sources such as the company's website or filings.
- How much revenue does Silver Arc Welding Inc make?
- SeeBITDA estimates Silver Arc Welding Inc's annual revenue at about $21.4M (likely between $14.1M and $24.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Silver Arc Welding Inc worth?
- About $6.3M, roughly 3.4× its estimated EBITDA of $1.9M, typical for a other foundation, structure, and building exterior contractors company its size. Likely range: $3.3M–$8.6M.
- How many employees does Silver Arc Welding Inc have?
- About 20, from its 2023 retirement-plan filing.
- When was Silver Arc Welding Inc founded?
- Silver Arc Welding Inc has been in business since 2003.