Spencer Cameron's Plumbing
How we got $365K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 36% 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 |
|---|---|---|
| SPENCER CAMERON'S PLUMBING this business | $1.6M | — |
| BUTLER MECHANICAL INC. Newalla · 5 employees | $1.7M | 1.7 mi |
| GRINSTEAD ELECTRIC LLC Oklahoma City · 5 employees | $1.1M | 1.9 mi |
| WHITETAIL ELECTRIC LLC Oklahoma City · 2 employees | $585K | 2.3 mi |
| STATEWIDE PLUMBING INC Choctaw · 12 employees | $2.7M | 2.9 mi |
| FIVE STAR PLUMBING LLC Oklahoma City · 3 employees | $919K | 3.3 mi |
| DOUGS HEAT & AIR Norman · 9 employees | $2.0M | 4.0 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.3M |
| Estimate: the two combined (geometric mean) | $1.6M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $183K |
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 | $365K |
| Multiple for this size and industry | 2× |
| Value range | $192K – $500K |
| Revenue range | $1.0M – $1.8M |
| EBITDA range | $120K – $208K |
| Industry (NAICS) | Plumbing, Heating, and Air-Conditioning Contractors (238220) |
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
- BankingArmstrong 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 Roles are as stated there and may be out of date.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
| Armstrong Bank PPP 2020, PPP 2021 | All 1,355 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 | $43K | 5 |
| 2/10/2021 | second | $50K | 6 |
About Spencer Cameron's Plumbing
Spencer Cameron's Plumbing is a plumbing, heating & air company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $1.6M, with roughly $183K of EBITDA. It has about 6 employees. Its estimated business value is $365K (likely range $192K–$500K).
Common questions
- Who owns Spencer Cameron's Plumbing?
- The owner of Spencer Cameron's Plumbing 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 Spencer Cameron's Plumbing make?
- SeeBITDA estimates Spencer Cameron's Plumbing's annual revenue at about $1.6M (likely between $1.0M and $1.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spencer Cameron's Plumbing worth?
- About $365K, roughly 2× its estimated EBITDA of $183K, typical for a plumbing, heating & air company its size. Likely range: $192K–$500K.
- How many employees does Spencer Cameron's Plumbing have?
- About 6, as reported on its PPP loan.