Steele Welding Services, LLC
How we got $429K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 72% 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 |
|---|---|---|
| STEELE WELDING SERVICES, LLC this business | $1.2M | — |
| WALKER WELDING, L.L.C. Stillwater · 9 employees | $3.1M | 9.0 mi |
| 102 CUSTOM WELDING LLC Perry · 1 employees | $402K | 11.3 mi |
| HUNT'S WELDING SERVICE, L.L.C. Cushing · 2 employees | $939K | 21.2 mi |
| SUBMERSIBLE PUMPS INC. Cushing · 65 employees | $36.2M | 25.2 mi |
| OVERBILT TRAILER COMPANY Drumright · 23 employees | $9.1M | 31.4 mi |
| WILLIS MACHINE GROUP LLC Edmond · 2 employees | $815K | 34.1 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $654K |
| Estimate: the two combined (geometric mean) | $1.2M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $165K |
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 | $429K |
| Multiple for this size and industry | 2.6× |
| Value range | $226K – $587K |
| Revenue range | $779K – $1.3M |
| EBITDA range | $109K – $188K |
| Industry (NAICS) | Welding and Soldering Equipment Manufacturing (333992) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingExchange Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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
| Exchange Bank and Trust Company PPP 2020, PPP 2021 | All 217 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 | $16K | 4 |
| 1/19/2021 | second | $16K | 3 |
About Steele Welding Services, LLC
Steele Welding Services, LLC is a welding and soldering equipment manufacturing company in Stillwater, Oklahoma. Its estimated annual revenue is about $1.2M, with roughly $165K of EBITDA. It has about 4 employees. Its estimated business value is $429K (likely range $226K–$587K).
Common questions
- Who owns Steele Welding Services, LLC?
- The owner of Steele Welding 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 Steele Welding Services, LLC make?
- SeeBITDA estimates Steele Welding Services, LLC's annual revenue at about $1.2M (likely between $779K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Steele Welding Services, LLC worth?
- About $429K, roughly 2.6× its estimated EBITDA of $165K, typical for a welding and soldering equipment manufacturing company its size. Likely range: $226K–$587K.
- How many employees does Steele Welding Services, LLC have?
- About 4, as reported on its PPP loan.