Spears Metal Works LLC
How we got $149K
Based on 1 employees reported for PPP in 2021, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 18% since 2021Today'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 |
|---|---|---|
| SPEARS METAL WORKS LLC this business | $521K | — |
| PRAIRIE CREEK INTERIORS, LLC Blair · 5 employees | $1.2M | 8.3 mi |
| ELITE FLOW TESTING LLC Altus · 1 employees | $638K | 11.8 mi |
| ALTUS SWEEPING SERVICE LLC Altus · 7 employees | $2.8M | 16.8 mi |
| RICK'S LAWN SPRINKLERS, LLC Altus · 3 employees | $1.2M | 18.3 mi |
| KIRBY GRAY DOZER LLC Hobart · 3 employees | $911K | 21.8 mi |
| RED RIVER CONCRETE CONSTRUCTION, LLC Snyder · 8 employees | $2.8M | 30.3 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Industry revenue per employee | $256K |
| Revenue = employees × revenue per employee | $521K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $78K |
| Cross-check: revenue implied by PPP payroll | $48K |
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 | $149K |
| Multiple for this size and industry | 1.9× |
| Value range | $70K – $211K |
| Revenue range | $308K – $617K |
| EBITDA range | $46K – $93K |
| Industry (NAICS) | All Other Specialty Trade Contractors (238990) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
Advisors
- BankingRed River FCUPPP / 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 Roles are as stated there and may be out of date.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
| Red River FCU PPP 2021 | All 37 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/8/2021 | first | $1K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Spears Metal Works LLC
Spears Metal Works LLC is a fencing, siding & exterior company in Mangum, Oklahoma, in business since 2014. Its estimated annual revenue is about $521K, with roughly $78K of EBITDA. It has about 1 employees. Its estimated business value is $149K (likely range $70K–$211K).
Common questions
- Who owns Spears Metal Works LLC?
- The owner of Spears Metal Works LLC 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 Spears Metal Works LLC make?
- SeeBITDA estimates Spears Metal Works LLC's annual revenue at about $521K (likely between $308K and $617K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spears Metal Works LLC worth?
- About $149K, roughly 1.9× its estimated EBITDA of $78K, typical for a fencing, siding & exterior company its size. Likely range: $70K–$211K.
- How many employees does Spears Metal Works LLC have?
- About 1, as reported on its PPP loan.
- When was Spears Metal Works LLC founded?
- Spears Metal Works LLC has been in business since 2014.