Southwest Fabricators, Inc.
How we got $5.3M
Based on its 27 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 27 years (since 1999)
From public records and the company's website, not a statement that it's for sale.
What they do
Southwest Fabricators, Inc. builds round overhead storage bins for cattle and other feed, selling them to livestock producers. It says it opened in 1999 and has been in business since then.
From the company's website. Industry: Plate Work Manufacturing.
Estimated value over time
▼ 6% 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.
Employees over time
Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 27 | $7.9M |
| 2020 | Form 5500 | 25 | $7.3M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SOUTHWEST FABRICATORS, INC. this business | $8.7M | — |
| STEVE'S CUSTOM WELDING, LLC Hugo · 1 employees | $323K | 5.4 mi |
| ATOKA METAL BUILDINGS AND AGRICULTURAL SERVICES, INC Atoka · 1 employees | $576K | 36.5 mi |
| Caney Ag Equipment Kingston | $1.1M | 41.4 mi |
| PROFESSIONAL METAL WORKS INC. Broken Bow · 8 employees | $2.7M | 44.9 mi |
| CrainCo Durant | $2.0M | 47.7 mi |
The full calculation
| Employees reported to the SBA | 27 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.4M |
| Estimate: the two combined (geometric mean) | $8.7M |
| EBITDA margin (industry, adjusted for size) | 13% |
| 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 | $5.3M |
| Multiple for this size and industry | 4.7× |
| Value range | $2.8M – $7.2M |
| Revenue range | $5.7M – $9.9M |
| EBITDA range | $741K – $1.3M |
| Industry (NAICS) | Plate Work Manufacturing (332313) |
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
“Southwest Fabricators opened its door for business in 1999 with a low budget, but we were high in determination.”
Advisors
- BankingFirst United Bank and Trust CompanyPPP / 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 United Bank and Trust Company PPP 2020, PPP 2021 | All 2,229 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 | $136K | 25 |
| 1/28/2021 | second | $161K | 27 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Southwest Fabricators, Inc.
Southwest Fabricators, Inc. is a plate work manufacturing company in Hugo, Oklahoma, in business since 1999. Its estimated annual revenue is about $8.7M, with roughly $1.1M of EBITDA. It has about 25 employees. Its estimated business value is $5.3M (likely range $2.8M–$7.2M).
Common questions
- Who owns Southwest Fabricators, Inc.?
- The owner of Southwest Fabricators, 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 Southwest Fabricators, Inc. make?
- SeeBITDA estimates Southwest Fabricators, Inc.'s annual revenue at about $8.7M (likely between $5.7M and $9.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Southwest Fabricators, Inc. worth?
- About $5.3M, roughly 4.7× its estimated EBITDA of $1.1M, typical for a plate work manufacturing company its size. Likely range: $2.8M–$7.2M.
- How many employees does Southwest Fabricators, Inc. have?
- About 25, from its 2020 retirement-plan filing.
- When was Southwest Fabricators, Inc. founded?
- Southwest Fabricators, Inc. has been in business since 1999.