Summit Mechanical LLC
How we got $376K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Summit Mechanical, LLC is a locally owned and operated HVAC and refrigeration company in Oklahoma City that provides sales, installation, service and maintenance for homeowners, property owners and commercial customers.
From the company's website. Industry: Plumbing, heating & air.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- HS-REAL ESTATE INC · Norman, 20 mi · $311.2M
- WATERMARK CANTERBURY, LLC · Oklahoma City, 3 mi · $132.9M
- COATES FIELD SERVICE, INC. · Oklahoma City, 2 mi · $107.7M
- PRICE EDWARDS & COMPANY, INC · Oklahoma City, 6 mi · $67.0M
- STEVEN B HOMES INC · Oklahoma City, 2 mi · $56.8M
- CIMARRON CASINO ENTERPRISE · Perkins, 40 mi · $82.3M
- SKIRVIN PARTNERS, LLC · Oklahoma City, 6 mi · $34.2M
- OKC HOTEL VENTURES LLC · Oklahoma City, 6 mi · $30.4M
- PONCA ENTERPRISE GAMING, LLC · Perry, 53 mi · $26.7M
- SHIVAM HOTEL LLC · Edmond, 6 mi · $25.9M
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.
Employees over time
▲ 50% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 4 | $817K |
| 2020 | Form 5500 | 2 | $409K |
| 2021 | Form 5500 | 2 | $409K |
| 2022 | Form 5500 | 2 | $409K |
| 2024 | Form 5500 | 6 | $1.2M |
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 MECHANICAL LLC this business | $1.6M | — |
| FPS TECHNOLOGIES INC. Oklahoma City · 37 employees | $12.3M | 0.1 mi |
| Spark Electrical Solutions, Llc Oklahoma City | $1.8M | 0.1 mi |
| Air Dynamix Oklahoma City | $1.8M | 0.1 mi |
| Ondemand Restaurant Service Llc Oklahoma City | $1.8M | 0.1 mi |
| EXECUTIVE HEATING AND AIR, LLC Oklahoma City · 9 employees | $2.6M | 0.2 mi |
| D3S Service Oklahoma City | $1.8M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.9M |
| Estimate: the two combined (geometric mean) | $1.6M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $188K |
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 | $376K |
| Multiple for this size and industry | 2× |
| Value range | $198K – $514K |
| Revenue range | $1.1M – $1.8M |
| EBITDA range | $124K – $214K |
| 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
- BankingJPMorgan Chase 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
| JPMorgan Chase Bank, National Association PPP 2020 | All 993 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $58K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Summit Mechanical LLC
Summit Mechanical LLC is a plumbing, heating & air company in Oklahoma City, Oklahoma, in business since 2012. Its estimated annual revenue is about $1.6M, with roughly $188K of EBITDA. It has about 6 employees. Its estimated business value is $376K (likely range $198K–$514K).
Common questions
- Who owns Summit Mechanical LLC?
- The owner of Summit Mechanical 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 Mechanical LLC make?
- SeeBITDA estimates Summit Mechanical LLC's annual revenue at about $1.6M (likely between $1.1M and $1.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Summit Mechanical LLC worth?
- About $376K, roughly 2× its estimated EBITDA of $188K, typical for a plumbing, heating & air company its size. Likely range: $198K–$514K.
- How many employees does Summit Mechanical LLC have?
- About 6, from its 2024 retirement-plan filing.
- When was Summit Mechanical LLC founded?
- Summit Mechanical LLC has been in business since 2012.