Southeastern Ice, Inc.
How we got $4.8M
Based on its 19 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 12% 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 |
|---|---|---|
| SOUTHEASTERN ICE, INC. this business | $5.5M | — |
| JA ALPINE ICE LLC Wilburton · 15 employees | $4.4M | 1.0 mi |
| Prairie Artisan Ales Krebs | $3.5M | 22.5 mi |
| Choc Beer Krebs | $3.5M | 22.5 mi |
| Country Aire Estates Winery Mcalester | $3.5M | 22.8 mi |
| PEPSI-COLA BOTTLING CO. OF MCALESTER, INC. Mcalester · 39 employees | $17.0M | 23.7 mi |
| BierKraft Mcalester | $3.5M | 24.6 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.9M |
| Estimate: the two combined (geometric mean) | $5.5M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $1.1M |
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 | $4.8M |
| Multiple for this size and industry | 4.5× |
| Value range | $2.5M – $6.6M |
| Revenue range | $3.6M – $6.3M |
| EBITDA range | $706K – $1.2M |
| Industry (NAICS) | Ice Manufacturing (312113) |
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
People & advisors
Advisors
- BankingFirst National Bank & Trust Company of McAlesterPPP / 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 Roles are as stated there and may be out of date.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
| First National Bank & Trust Company of McAlester PPP 2020 | All 248 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $185K | 19 |
About Southeastern Ice, Inc.
Southeastern Ice, Inc. is an ice manufacturing company in Wilburton, Oklahoma. Its estimated annual revenue is about $5.5M, with roughly $1.1M of EBITDA. It has about 19 employees. Its estimated business value is $4.8M (likely range $2.5M–$6.6M).
Common questions
- Who owns Southeastern Ice, Inc.?
- The owner of Southeastern Ice, 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 Southeastern Ice, Inc. make?
- SeeBITDA estimates Southeastern Ice, Inc.'s annual revenue at about $5.5M (likely between $3.6M and $6.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Southeastern Ice, Inc. worth?
- About $4.8M, roughly 4.5× its estimated EBITDA of $1.1M, typical for a ice manufacturing company its size. Likely range: $2.5M–$6.6M.
- How many employees does Southeastern Ice, Inc. have?
- About 19, as reported on its PPP loan.