Summit Supply Inc.
How we got $3.1M
Based on its 10 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 31 years (since 1995)
From public records and the company's website, not a statement that it's for sale.
What they do
Summit Supply Inc. is an Oklahoma City-based oilfield supply company, in business since 1995, that says it carries a large inventory and offers service after the sale.
From the company's website. Industry: Industrial Machinery and Equipment Merchant Wholesalers.
Customers & suppliers
Suppliers & brands
- Balon Corporation · brand it sells or installs
- C&C Industries · brand it sells or installs
- Capital Manufacturing · brand it sells or installs
- Conbraco Industries · brand it sells or installs
- Flameco Industries · brand it sells or installs
- Gulf Manufacturing · brand it sells or installs
- Kemper Valve · brand it sells or installs
- Kimray · brand it sells or installs
- MB Ranch King · brand it sells or installs
- Norriseal-Wellmark · brand it sells or installs
- Scout Trailer Blinds · brand it sells or installs
- Smith Cooper · brand it sells or installs
- Smith Blair · brand it sells or installs
- Stay-Tuff buildings · brand it sells or installs
- Summit Pump · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Continental Resources · Oklahoma City, 3 mi · $7.69B
- GULFPORT ENERGY CORPORATION · Oklahoma City, 13 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 13 mi · $1.18B
- CROWN ENERGY COMPANY · Oklahoma City, 5 mi · $711.9M
- MUSTANG FUEL CORPORATION · Oklahoma City, 9 mi · $708.4M
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
▼ 20% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 10 | $7.7M |
| 2020 | Form 5500 | 7 | $5.4M |
| 2021 | Form 5500 | 7 | $5.4M |
| 2022 | Form 5500 | 7 | $5.4M |
| 2023 | Form 5500 | 7 | $5.4M |
| 2024 | Form 5500 | 8 | $6.2M |
| 2025 | Form 5500 | 8 | $6.2M |
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 SUPPLY INC. this business | $11.9M | — |
| THE PUMP & EQUIPMENT COMPANY, INC Oklahoma City · 6 employees | $5.5M | 0.1 mi |
| OILFIELD SPECIALTY DISTRIBUTORS, INC. Oklahoma City · 12 employees | $14.1M | 0.2 mi |
| SPICER & SANDBURG, INC. Oklahoma City · 9 employees | $10.3M | 0.3 mi |
| A Weldors Supply Oklahoma City | $2.4M | 0.3 mi |
| LADD EQUIPMENT LP Oklahoma City · 5 employees | $7.2M | 0.4 mi |
| BRASELTON & CO Oklahoma City · 6 employees | $7.7M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $12.3M |
| Estimate: the two combined (geometric mean) | $11.9M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $874K |
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 | $3.1M |
| Multiple for this size and industry | 3.6× |
| Value range | $1.7M – $4.3M |
| Revenue range | $7.8M – $13.5M |
| EBITDA range | $575K – $996K |
| 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
History & advisors
“We have been around since 1995 and have the distinct reputation of providing the oilfield industry with a complete inventory to meet practically every need.”
Advisors
- BankingKirkpatrick 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
| Kirkpatrick Bank PPP 2020, PPP 2021 | All 258 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $178K | 10 |
| 1/17/2021 | second | $178K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Summit Supply Inc.
Summit Supply Inc. is a family-owned industrial machinery and equipment merchant wholesalers company in Oklahoma City, Oklahoma, in business since 1995. Its estimated annual revenue is about $11.9M, with roughly $874K of EBITDA. It has about 8 employees. Its estimated business value is $3.1M (likely range $1.7M–$4.3M).
Common questions
- Who owns Summit Supply Inc.?
- The owner of Summit Supply 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 Summit Supply Inc. make?
- SeeBITDA estimates Summit Supply Inc.'s annual revenue at about $11.9M (likely between $7.8M and $13.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Summit Supply Inc. worth?
- About $3.1M, roughly 3.6× its estimated EBITDA of $874K, typical for a industrial machinery and equipment merchant wholesalers company its size. Likely range: $1.7M–$4.3M.
- How many employees does Summit Supply Inc. have?
- About 8, from its 2025 retirement-plan filing.
- When was Summit Supply Inc. founded?
- Summit Supply Inc. has been in business since 1995.