Sims Refrigeration, LLC
How we got $115K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SIMS REFRIGERATION, LLC this business | $383K | — |
| MCDONALD SERVICES, LLC Ponca City · 12 employees | $2.6M | 0.5 mi |
| McDonald Electric Ponca City | $1.8M | 0.5 mi |
| Welborn Electric Inc Ponca City | $1.8M | 0.8 mi |
| Air Pro Heat and Air Ponca City | $1.8M | 0.8 mi |
| WARD'S AIR CONDITIONING, INC. Ponca City · 21 employees | $6.4M | 0.8 mi |
| Josh Short Plumbing & Remodeling Ponca-City | $1.8M | 0.8 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $259K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $436K |
| Estimate: the two combined (geometric mean) | $383K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $58K |
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 | $115K |
| Multiple for this size and industry | 2× |
| Value range | $61K – $157K |
| Revenue range | $252K – $436K |
| EBITDA range | $38K – $66K |
| 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
People & advisors
Advisors
- BankingEquity 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 Roles are as stated there and may be out of date.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
| Equity Bank PPP 2020 | All 375 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $13K | 1 |
About Sims Refrigeration, LLC
Sims Refrigeration, LLC is a plumbing, heating & air company in Ponca City, Oklahoma. Its estimated annual revenue is about $383K, with roughly $58K of EBITDA. It has about 1 employees. Its estimated business value is $115K (likely range $61K–$157K).
Common questions
- Who owns Sims Refrigeration, LLC?
- The owner of Sims Refrigeration, LLC 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 Sims Refrigeration, LLC make?
- SeeBITDA estimates Sims Refrigeration, LLC's annual revenue at about $383K (likely between $252K and $436K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sims Refrigeration, LLC worth?
- About $115K, roughly 2× its estimated EBITDA of $58K, typical for a plumbing, heating & air company its size. Likely range: $61K–$157K.
- How many employees does Sims Refrigeration, LLC have?
- About 1, as reported on its PPP loan.