Summit Machine Tool LLC
How we got $5.9M
Based on its 18 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 30 years (since 1996)
From public records and the company's website, not a statement that it's for sale.
What they do
Summit Machine Tool is a Oklahoma City-based seller of machine tools, including manual and CNC lathes, mills, and horizontal boring mills, described as quality machine tools for 65 years.
From the company's website. Industry: Industrial Machinery and Equipment Merchant Wholesalers.
Customers & suppliers
Customers
- Department of the Navy · federal contracts $97K
Estimated value over time
▲ 2% 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.
Employees over time
▲ 17% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 18 | $13.9M |
| 2020 | Form 5500 | 19 | $14.6M |
| 2021 | Form 5500 | 17 | $13.1M |
| 2022 | Form 5500 | 15 | $11.6M |
| 2023 | Form 5500 | 21 | $16.2M |
| 2024 | Form 5500 | 20 | $15.4M |
| 2025 | Form 5500 | 21 | $16.2M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SUMMIT MACHINE TOOL LLC this business | $19.9M | — |
| PUMPS OF OKLAHOMA, INC. Oklahoma City · 24 employees | $26.8M | 0.4 mi |
| RIGHT-A-WAY, INC. Oklahoma City · 4 employees | $4.7M | 0.4 mi |
| OKLAHOMA TRANSMISSION SUPPLY, INC. Oklahoma City · 25 employees | $22.0M | 0.7 mi |
| AEROSPARES 2000, INC. Oklahoma City | $18.0M | 0.8 mi |
| THE DAGWELL DIXIE COMPANY, INC. Oklahoma City · 7 employees | $5.5M | 0.9 mi |
| MID AMERICA RIGGING LLC Oklahoma City · 16 employees | $13.3M | 1.0 mi |
The full calculation
| Employees reported to the SBA | 18 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $15.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $19.2M |
| Estimate: the two combined (geometric mean) | $19.9M |
| 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 | $5.9M |
| Multiple for this size and industry | 4.3× |
| Value range | $3.1M – $8.0M |
| Revenue range | $13.1M – $22.7M |
| EBITDA range | $897K – $1.6M |
| Industry (NAICS) | Industrial Machinery and Equipment Merchant Wholesalers (423830) |
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
“Established in the early 1950’s from a market need to provide machine tools at affordable prices and do it quickly from a large inventory.”
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $278K | 18 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Summit Machine Tool LLC
Summit Machine Tool LLC is an industrial machinery and equipment merchant wholesalers company in Oklahoma City, Oklahoma, in business since 1996. Its estimated annual revenue is about $19.9M, with roughly $1.4M of EBITDA. It has about 21 employees. Its estimated business value is $5.9M (likely range $3.1M–$8.0M).
Common questions
- Who owns Summit Machine Tool LLC?
- The owner of Summit Machine Tool 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 Summit Machine Tool LLC make?
- SeeBITDA estimates Summit Machine Tool LLC's annual revenue at about $19.9M (likely between $13.1M and $22.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Summit Machine Tool LLC worth?
- About $5.9M, roughly 4.3× its estimated EBITDA of $1.4M, typical for a industrial machinery and equipment merchant wholesalers company its size. Likely range: $3.1M–$8.0M.
- How many employees does Summit Machine Tool LLC have?
- About 21, from its 2025 retirement-plan filing.
- When was Summit Machine Tool LLC founded?
- Summit Machine Tool LLC has been in business since 1996.