Space Tech, Inc.
How we got $1.4M
Based on its 10 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 58 years (since 1968)
From public records and the company's website, not a statement that it's for sale.
What they do
Space Tech Inc. is a CNC job shop in Tulsa, OK that machines piece parts to exact tolerances for single pieces or large runs, and its subsidiary Laser Manufacturing Inc. produces piece parts from plate steel, stainless, plastic, and aluminum using a CNC laser.
From the company's website. Industry: Machine shops & fabrication.
Customers & suppliers
Suppliers & brands
- HAAS · brand it sells or installs
- SMART MACHINE TOOL · brand it sells or installs
- MAZAK · brand it sells or installs
- DoAll · brand it sells or installs
- BRIDGEPORT · brand it sells or installs
- COMET · brand it sells or installs
- Renishaw · brand it sells or installs
Estimated value over time
▲ 40% 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 |
|---|---|---|
| SPACE TECH, INC. this business | $3.0M | — |
| B T MACHINE, INC. Tulsa · 34 employees | $12.1M | 0.6 mi |
| AIRCRAFT CYLINDERS OF AMERICA, INC. Tulsa · 24 employees | $5.5M | 0.7 mi |
| IDEAL SPECIALTY INC Tulsa · 12 employees | $4.0M | 0.9 mi |
| ALLIANCE MACHINE SERVICE, INC. Tulsa · 8 employees | $2.3M | 1.3 mi |
| TULSA MACHINE & FABRICATION, LLC Tulsa · 8 employees | $1.7M | 1.6 mi |
| OK MACHINE AND MANUFACTURING COMPANY INC. Tulsa · 20 employees | $8.5M | 1.6 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.7M |
| Estimate: the two combined (geometric mean) | $3.0M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $432K |
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 | $1.4M |
| Multiple for this size and industry | 3.2× |
| Value range | $728K – $1.9M |
| Revenue range | $2.0M – $3.5M |
| EBITDA range | $284K – $493K |
| Industry (NAICS) | Machine Shops (332710) |
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
“Space Tech Inc. was incorporated in 1968 with a clear goal — to deliver quality parts and assemblies our customers can depend on.”
Advisors
- BankingAmerican 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
| American Bank and Trust Company PPP 2020 | All 117 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $105K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Space Tech, Inc.
Space Tech, Inc. is a machine shops & fabrication company in Tulsa, Oklahoma, in business since 1968. Its estimated annual revenue is about $3.0M, with roughly $432K of EBITDA. It has about 10 employees. Its estimated business value is $1.4M (likely range $728K–$1.9M).
Common questions
- Who owns Space Tech, Inc.?
- The owner of Space Tech, 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 Space Tech, Inc. make?
- SeeBITDA estimates Space Tech, Inc.'s annual revenue at about $3.0M (likely between $2.0M and $3.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Space Tech, Inc. worth?
- About $1.4M, roughly 3.2× its estimated EBITDA of $432K, typical for a machine shops & fabrication company its size. Likely range: $728K–$1.9M.
- How many employees does Space Tech, Inc. have?
- About 10, as reported on its PPP loan.
- When was Space Tech, Inc. founded?
- Space Tech, Inc. has been in business since 1968.