Sooner State Pattern Works, Inc.
How we got $1.5M
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 23 years (since 2003)
From public records and the company's website, not a statement that it's for sale.
What they do
Sooner State Pattern Works, Inc. is a pattern-making business in Blackwell, Oklahoma, producing patterns for a wide range of customers using CAD-CAM, 3D printing and 3D scanning.
From the company's website. Industry: Mining Machinery and Equipment Manufacturing.
Estimated value over time
▼ 13% 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 |
|---|---|---|
| SOONER STATE PATTERN WORKS, INC. this business | $3.3M | — |
| K & S ALUMINUM BOOMS INC Tonkawa · 8 employees | $4.3M | 8.8 mi |
| TPS ROCK BIT INC Tonkawa · 1 employees | $753K | 9.1 mi |
| MERTZ MANUFACTURING, INC. Ponca City · 189 employees | $110.2M | 13.2 mi |
| BLISS INDUSTRIES, LLC Ponca City · 63 employees | $41.3M | 13.6 mi |
| E-Z DRILL, INC. Perry · 65 employees | $30.7M | 36.0 mi |
| WAKO LLC Enid · 44 employees | $22.5M | 39.4 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.7M |
| Estimate: the two combined (geometric mean) | $3.3M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $465K |
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 | $1.5M |
| Multiple for this size and industry | 3.2× |
| Value range | $782K – $2.0M |
| Revenue range | $2.2M – $3.8M |
| EBITDA range | $306K – $530K |
| Industry (NAICS) | Mining Machinery and Equipment Manufacturing (333131) |
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
“Located in Blackwell Oklahoma, Sooner State Pattern Works, Inc. has been producing patterns for a wide range of customers for over 37 years.”
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, PPP 2021 | All 375 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $70K | 8 |
| 2/2/2021 | second | $70K | 8 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Sooner State Pattern Works, Inc.
Sooner State Pattern Works, Inc. is a mining machinery and equipment manufacturing company in Blackwell, Oklahoma, in business since 2003. Its estimated annual revenue is about $3.3M, with roughly $465K of EBITDA. It has about 8 employees. Its estimated business value is $1.5M (likely range $782K–$2.0M).
Common questions
- Who owns Sooner State Pattern Works, Inc.?
- The owner of Sooner State Pattern Works, 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 Sooner State Pattern Works, Inc. make?
- SeeBITDA estimates Sooner State Pattern Works, Inc.'s annual revenue at about $3.3M (likely between $2.2M and $3.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sooner State Pattern Works, Inc. worth?
- About $1.5M, roughly 3.2× its estimated EBITDA of $465K, typical for a mining machinery and equipment manufacturing company its size. Likely range: $782K–$2.0M.
- How many employees does Sooner State Pattern Works, Inc. have?
- About 8, as reported on its PPP loan.
- When was Sooner State Pattern Works, Inc. founded?
- Sooner State Pattern Works, Inc. has been in business since 2003.