Spirit Wing Services, LLC
How we got $585K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 52% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SPIRIT WING SERVICES, LLC this business | $1.9M | — |
| INTEGRITY AERO SERVICE LLC Edmond · 12 employees | $4.3M | 16.6 mi |
| WEBBERTEK, LLC Oklahoma City · 2 employees | $816K | 20.0 mi |
| MLS LLC Oklahoma City · 2 employees | $1.1M | 20.8 mi |
| YATES AVIATION CONSULTING LLC Oklahoma City · 1 employees | $613K | 21.0 mi |
| AERO-SPACE REPORTS, INC. Oklahoma City, Ok · 20 employees | $8.9M | 22.0 mi |
| GILCHRISTAVIATION LAW, P.C. Oklahoma City · 26 employees | $11.7M | 22.8 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.8M |
| Estimate: the two combined (geometric mean) | $1.9M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $225K |
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 | $585K |
| Multiple for this size and industry | 2.6× |
| Value range | $308K – $801K |
| Revenue range | $1.3M – $2.2M |
| EBITDA range | $148K – $257K |
| Industry (NAICS) | Other Airport Operations (488119) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingLegacy 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 Roles are as stated there and may be out of date.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
| Legacy Bank PPP 2020 | All 727 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $50K | 5 |
About Spirit Wing Services, LLC
Spirit Wing Services, LLC is an other airport operations company in Guthrie, Oklahoma. Its estimated annual revenue is about $1.9M, with roughly $225K of EBITDA. It has about 5 employees. Its estimated business value is $585K (likely range $308K–$801K).
Common questions
- Who owns Spirit Wing Services, LLC?
- The owner of Spirit Wing Services, 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 Spirit Wing Services, LLC make?
- SeeBITDA estimates Spirit Wing Services, LLC's annual revenue at about $1.9M (likely between $1.3M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spirit Wing Services, LLC worth?
- About $585K, roughly 2.6× its estimated EBITDA of $225K, typical for a other airport operations company its size. Likely range: $308K–$801K.
- How many employees does Spirit Wing Services, LLC have?
- About 5, as reported on its PPP loan.