Spencer Machine Works LLC
How we got $427K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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 |
|---|---|---|
| SPENCER MACHINE WORKS LLC this business | $1.0M | — |
| SPECIAL PARTS MFG INC Holdenville · 15 employees | $3.8M | 25.8 mi |
| BURGER MACHINE SHOP LLC Pauls Valley · 1 employees | $308K | 25.8 mi |
| A&W MACHINE, LLC Coalgate · 18 employees | $4.5M | 28.1 mi |
| MAC MACHINE, LLC Pauls Valley · 4 employees | $1.0M | 32.2 mi |
| TAPEMATICS, INC. Tishomingo · 18 employees | $4.2M | 37.5 mi |
| MILLS MACHINE CO. Shawnee · 15 employees | $4.4M | 40.5 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $699K |
| Estimate: the two combined (geometric mean) | $1.0M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $164K |
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 | $427K |
| Multiple for this size and industry | 2.6× |
| Value range | $225K – $585K |
| Revenue range | $685K – $1.2M |
| EBITDA range | $108K – $187K |
| 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
Advisors
- BankingVision 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 Roles are as stated there and may be out of date.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
| Vision Bank PPP 2020, PPP 2021 | All 487 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $26K | 5 |
| 1/26/2021 | second | $26K | 5 |
About Spencer Machine Works LLC
Spencer Machine Works LLC is a machine shops & fabrication company in Ada, Oklahoma. Its estimated annual revenue is about $1.0M, with roughly $164K of EBITDA. It has about 5 employees. Its estimated business value is $427K (likely range $225K–$585K).
Common questions
- Who owns Spencer Machine Works LLC?
- The owner of Spencer Machine 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 Spencer Machine Works LLC make?
- SeeBITDA estimates Spencer Machine Works LLC's annual revenue at about $1.0M (likely between $685K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spencer Machine Works LLC worth?
- About $427K, roughly 2.6× its estimated EBITDA of $164K, typical for a machine shops & fabrication company its size. Likely range: $225K–$585K.
- How many employees does Spencer Machine Works LLC have?
- About 5, as reported on its PPP loan.