Standard Steel Co., LLC
How we got $5.8M
Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 28 years (since 1998)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 24% 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 |
|---|---|---|
| STANDARD STEEL CO., LLC this business | $19.8M | — |
| KARCHMER PIPE & SUPPLY COMPANY, INC Oklahoma City · 3 employees | $7.1M | 0.9 mi |
| STEELE CAPITAL CORPORATION Oklahoma City · 3 employees | $6.7M | 1.6 mi |
| CUSTOM SALES INC. Oklahoma City · 3 employees | $7.3M | 2.6 mi |
| ALBRIGHT STEEL & WIRE Oklahoma City · 23 employees | $42.4M | 3.2 mi |
| RAY ALBRIGHT STEEL PRODUCTS INC Oklahoma City · 17 employees | $32.4M | 4.5 mi |
| KARCHMER Oklahoma City · 28 employees | $50.7M | 5.1 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $19.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $15.5M |
| Estimate: the two combined (geometric mean) | $19.8M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $1.4M |
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 | $5.8M |
| Multiple for this size and industry | 4.3× |
| Value range | $3.1M – $8.0M |
| Revenue range | $13.0M – $22.6M |
| EBITDA range | $892K – $1.5M |
| Industry (NAICS) | Metal Service Centers and Other Metal Merchant Wholesalers (423510) |
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
- BankingLendingClub Bank, National AssociationPPP / 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
| LendingClub Bank, National Association PPP 2020, PPP 2021 | All 8 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 7/20/2020 | first | $137K | 10 |
| 3/23/2021 | second | $137K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Standard Steel Co., LLC
Standard Steel Co., LLC is a metal service centers and other metal merchant wholesalers company in Oklahoma City, Oklahoma, in business since 1998. Its estimated annual revenue is about $19.8M, with roughly $1.4M of EBITDA. It has about 11 employees. Its estimated business value is $5.8M (likely range $3.1M–$8.0M).
Common questions
- Who owns Standard Steel Co., LLC?
- The owner of Standard Steel Co., 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 Standard Steel Co., LLC make?
- SeeBITDA estimates Standard Steel Co., LLC's annual revenue at about $19.8M (likely between $13.0M and $22.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Standard Steel Co., LLC worth?
- About $5.8M, roughly 4.3× its estimated EBITDA of $1.4M, typical for a metal service centers and other metal merchant wholesalers company its size. Likely range: $3.1M–$8.0M.
- How many employees does Standard Steel Co., LLC have?
- About 11, as reported on its PPP loan.
- When was Standard Steel Co., LLC founded?
- Standard Steel Co., LLC has been in business since 1998.