Southern Millwork, Inc.
How we got $2.8M
Based on its 16 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 107 years (since 1919)
From public records and the company's website, not a statement that it's for sale.
What they do
Southern Millwork, Inc. provides high-end architectural woodwork in the Tulsa area, serving private clubs, banks, churches and healthcare projects.
From the company's website. Industry: Wood Window and Door Manufacturing.
Customers & suppliers
Customers
- Scott and Globe Architects · named on its website
- Southern Hills Country Club · named on its website
- Asbury United Methodist Church · named on its website
- Summit Club · named on its website
- Henry Zarrow Center for Art and Education · named on its website
- Broken Arrow Performing Arts Center · named on its website
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Gateway First Bank · Jenks, 9 mi · $169.1M
- TTCU Federal Credit Union · Tulsa, 9 mi · $133.1M
- Regent Bank · Tulsa, 7 mi · $131.8M
- Mabrey Bank · Bixby, 15 mi · $114.5M
- Blue Sky Bank · Pawhuska, 41 mi · $88.9M
Estimated value over time
▲ 74% 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 |
|---|---|---|
| SOUTHERN MILLWORK, INC. this business | $4.9M | — |
| DOUG BUTLER ENTERPRISES, INC. Tulsa · 9 employees | $2.9M | 3.3 mi |
| GREEN COUNTRY CUSTOM WOODWORKS LLC Tulsa · 15 employees | $5.4M | 4.7 mi |
| BRAMBL, DAN & REBECCA Tulsa · 33 employees | $13.7M | 5.3 mi |
| BRADEN SHIELDING SYSTEMS, LLC Tulsa · 30 employees | $16.4M | 6.4 mi |
| M&M LUMBER COMPANY Tulsa · 45 employees | $22.9M | 6.9 mi |
| H3 CUSTOM WOOD MOULDINGS Tulsa · 7 employees | $2.1M | 8.0 mi |
The full calculation
| Employees reported to the SBA | 16 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.0M |
| Estimate: the two combined (geometric mean) | $4.9M |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $725K |
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 | $2.8M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.4M – $3.8M |
| Revenue range | $3.2M – $5.5M |
| EBITDA range | $477K – $827K |
| Industry (NAICS) | Wood Window and Door Manufacturing (321911) |
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
- BankingArvest 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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 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 | $113K | 16 |
| 1/23/2021 | second | $113K | 15 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Southern Millwork, Inc.
Southern Millwork, Inc. is a wood window and door manufacturing company in Tulsa, Oklahoma, in business since 1919. Its estimated annual revenue is about $4.9M, with roughly $725K of EBITDA. It has about 16 employees. Its estimated business value is $2.8M (likely range $1.4M–$3.8M).
Common questions
- Who owns Southern Millwork, Inc.?
- The owner of Southern Millwork, 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 Southern Millwork, Inc. make?
- SeeBITDA estimates Southern Millwork, Inc.'s annual revenue at about $4.9M (likely between $3.2M and $5.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Southern Millwork, Inc. worth?
- About $2.8M, roughly 3.8× its estimated EBITDA of $725K, typical for a wood window and door manufacturing company its size. Likely range: $1.4M–$3.8M.
- How many employees does Southern Millwork, Inc. have?
- About 16, as reported on its PPP loan.
- When was Southern Millwork, Inc. founded?
- Southern Millwork, Inc. has been in business since 1919.