SeeBITDAOklahoma

Stevens Refrigeration & Heating Inc

  • 2022 N Grand St, Enid, OK
Estimated valueMedium confidence
$307K
$161Klikely range$420K
About 2× its yearly profit, typical for a company this size in its industry.
Revenue
$1.2M
a year
Profit (EBITDA)
$153K
13% of revenue
Employees
5
reported in 2021
Owner not found yet
We haven't found the owner in public records

How we got $307K

Based on its 5 employees and its payroll, both reported for PPP in 2021 and brought up to date.

5 employees × $236K each$1.2M
PPP payroll ÷ payroll's usual share of revenue$931K
Shown toward the top of its range×1.14
Revenue$1.2M
× 13% profit margin$153K
× 2 sale multiple = value$307K

· Own this business? Correct these figures

What we know

PPP loan, 2021
No 401(k) filing
No reported financials
No website found
Owner not found

Estimated value over time

▲ 30% since 2021
$0$176K$353K20212026

Today'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

BusinessEst. revenueEst. profitDistance
STEVENS REFRIGERATION & HEATING INC
this business
$1.2M$153K—
STEVENS REFRIGERATION
Enid · 6 employees
$1.3M$165K0.0 mi
Stevens Air Conditioning
Enid
$1.8M$237K0.0 mi
A-1 PLBG, HTG, A/C & SHEET METAL
Enid · 5 employees
$1.4M$166K0.0 mi
LEE'S PLBG LLC
Enid · 2 employees
$518K$78K0.1 mi
MIDWEST REFRIGERATION, INC.
Enid · 11 employees
$3.2M$377K0.2 mi
DENNIS PLUMBING COMPANY
Enid · 7 employees
$1.9M$226K0.3 mi

The full calculation

Employees reported to the SBA5
Revenue from headcount (employees × revenue per employee for companies this size)$1.2M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$931K
Estimate: the two combined (geometric mean)$1.2M
EBITDA margin (industry, adjusted for size)13%
EBITDA = revenue × margin$153K

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$307K
Multiple for this size and industry2×
Value range$161K – $420K
Revenue range$786K – $1.4M
EBITDA range$101K – $175K
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

  • BankingCowboy 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

Cowboy Bank
PPP 2021
All 286 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
1/17/2021second$30K$30K5Cowboy Bank

About Stevens Refrigeration & Heating Inc

Stevens Refrigeration & Heating Inc is a plumbing, heating & air company in Enid, Oklahoma. Its estimated annual revenue is about $1.2M, with roughly $153K of EBITDA. It has about 5 employees. Its estimated business value is $307K (likely range $161K–$420K).

Common questions

Who owns Stevens Refrigeration & Heating Inc?
The owner of Stevens Refrigeration & Heating 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 Stevens Refrigeration & Heating Inc make?
SeeBITDA estimates Stevens Refrigeration & Heating Inc's annual revenue at about $1.2M (likely between $786K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Stevens Refrigeration & Heating Inc worth?
About $307K, roughly 2× its estimated EBITDA of $153K, typical for a plumbing, heating & air company its size. Likely range: $161K–$420K.
How many employees does Stevens Refrigeration & Heating Inc have?
About 5, as reported on its PPP loan.