Slater Mechanical LLC
How we got $2.1M
Based on its 22 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
What they do
Slater Mechanical provides heating, cooling, furnace and air conditioning installation, repair and maintenance, plus plumbing and other services, for homes and businesses in Enid, OK and surrounding areas.
From the company's website. Industry: Plumbing, heating & air.
Customers & suppliers
Suppliers & brands
- American-Standard · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SLATER MECHANICAL LLC this business | $6.7M | — |
| ML ENTERPRISES INC. Enid · 5 employees | $1.4M | 0.1 mi |
| HARMON'S ELECTRIC I Enid · 23 employees | $7.6M | 0.1 mi |
| HARMON'S ELECTRIC, INC. Enid · 17 employees | $5.3M | 0.1 mi |
| Dieterle Plumbing & Heating Enid | $3.8M | 0.1 mi |
| MONKEY WRENCH PLUMBING LLC Enid · 27 employees | $8.4M | 0.4 mi |
| LUCKINBILL INC Enid · 172 employees | $81.9M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 22 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.2M |
| Estimate: the two combined (geometric mean) | $6.7M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $708K |
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 | $2.1M |
| Multiple for this size and industry | 3× |
| Value range | $1.1M – $2.9M |
| Revenue range | $4.4M – $7.6M |
| EBITDA range | $466K – $807K |
| 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
Advisors
- BankingThe Security National Bank of EnidPPP / 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
| The Security National Bank of Enid PPP 2020, PPP 2021 | All 204 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $175K | 15 |
| 2/6/2021 | second | $176K | 22 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Slater Mechanical LLC
Slater Mechanical LLC is a plumbing, heating & air company in Enid, Oklahoma, in business since 2012. Its estimated annual revenue is about $6.7M, with roughly $708K of EBITDA. It has about 22 employees. Its estimated business value is $2.1M (likely range $1.1M–$2.9M).
Common questions
- Who owns Slater Mechanical LLC?
- The owner of Slater Mechanical 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 Slater Mechanical LLC make?
- SeeBITDA estimates Slater Mechanical LLC's annual revenue at about $6.7M (likely between $4.4M and $7.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Slater Mechanical LLC worth?
- About $2.1M, roughly 3× its estimated EBITDA of $708K, typical for a plumbing, heating & air company its size. Likely range: $1.1M–$2.9M.
- How many employees does Slater Mechanical LLC have?
- About 22, as reported on its PPP loan.
- When was Slater Mechanical LLC founded?
- Slater Mechanical LLC has been in business since 2012.