Ste-Mik, Inc.
How we got $454K
Based on its 9 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 |
|---|---|---|
| STE-MIK, INC. this business | $2.0M | — |
| Spot On Plumbing of Tulsa Plumbers Broken Arrow | $1.8M | 0.1 mi |
| CUSTOM HEATING AND AIR CONDITIONING, INC. Broken Arrow · 42 employees | $15.6M | 0.1 mi |
| Cherry Mechanical Inc Broken Arrow | $1.8M | 0.1 mi |
| LEAK ELECTRIC LLC Broken Arrow · 12 employees | $2.9M | 0.1 mi |
| Tulsa Plumbing Experts Broken Arrow | $1.8M | 0.2 mi |
| ELITE ELECTRIC INC Broken Arrow · 18 employees | $5.0M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.4M |
| Estimate: the two combined (geometric mean) | $2.0M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $227K |
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 | $454K |
| Multiple for this size and industry | 2× |
| Value range | $239K – $621K |
| Revenue range | $1.3M – $2.2M |
| EBITDA range | $149K – $259K |
| 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
- BankingFirstar 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 Roles are as stated there and may be out of date.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
| Firstar Bank PPP 2020, PPP 2021 | All 380 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $45K | 7 |
| 2/27/2021 | second | $45K | 9 |
About Ste-Mik, Inc.
Ste-Mik, Inc. is a plumbing, heating & air company in Broken Arrow, Oklahoma. Its estimated annual revenue is about $2.0M, with roughly $227K of EBITDA. It has about 9 employees. Its estimated business value is $454K (likely range $239K–$621K).
Common questions
- Who owns Ste-Mik, Inc.?
- The owner of Ste-Mik, 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 Ste-Mik, Inc. make?
- SeeBITDA estimates Ste-Mik, Inc.'s annual revenue at about $2.0M (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 Ste-Mik, Inc. worth?
- About $454K, roughly 2× its estimated EBITDA of $227K, typical for a plumbing, heating & air company its size. Likely range: $239K–$621K.
- How many employees does Ste-Mik, Inc. have?
- About 9, as reported on its PPP loan.