Sprouse Heating & Air Inc.
How we got $209K
Based on its 3 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 |
|---|---|---|
| SPROUSE HEATING & AIR INC. this business | $814K | — |
| A-P ELECTRIC, INC. Tulsa · 5 employees | $1.4M | 0.1 mi |
| BANKER HEATING & AIR, L.L.C. Bixby · 3 employees | $781K | 0.7 mi |
| COLLECTIVE ENERGY, LLC Tulsa · 3 employees | $1.0M | 1.0 mi |
| DGR INVESTMENTS, LLC Tulsa · 4 employees | $1.4M | 1.1 mi |
| ONE WAY PLUMBING, LLC Tulsa · 7 employees | $2.1M | 1.3 mi |
| LANCE PLUMBING AND DRAIN INC Bixby · 6 employees | $1.2M | 1.3 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $776K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $657K |
| Estimate: the two combined (geometric mean) | $814K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $104K |
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 | $209K |
| Multiple for this size and industry | 2× |
| Value range | $110K – $286K |
| Revenue range | $536K – $928K |
| EBITDA range | $69K – $119K |
| 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
- BankingAVB 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 Roles are as stated there and may be out of date.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
| AVB Bank PPP 2020 | All 309 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/12/2020 | first | $20K | 3 |
About Sprouse Heating & Air Inc.
Sprouse Heating & Air Inc. is a plumbing, heating & air company in Bixby, Oklahoma. Its estimated annual revenue is about $814K, with roughly $104K of EBITDA. It has about 3 employees. Its estimated business value is $209K (likely range $110K–$286K).
Common questions
- Who owns Sprouse Heating & Air Inc.?
- The owner of Sprouse Heating & Air 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 Sprouse Heating & Air Inc. make?
- SeeBITDA estimates Sprouse Heating & Air Inc.'s annual revenue at about $814K (likely between $536K and $928K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sprouse Heating & Air Inc. worth?
- About $209K, roughly 2× its estimated EBITDA of $104K, typical for a plumbing, heating & air company its size. Likely range: $110K–$286K.
- How many employees does Sprouse Heating & Air Inc. have?
- About 3, as reported on its PPP loan.