Summit Tool, LLC
How we got $242K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SUMMIT TOOL, LLC this business | $996K | — |
| EDWARDS EQUIPMENT, LLC Luther · 3 employees | $3.9M | 4.1 mi |
| NORTH CANADIAN HOLDING CO. INC. Oklahoma City · 5 employees | $5.6M | 10.6 mi |
| WELLS INDUSTRIAL BATTERY, INC. Choctaw · 7 employees | $7.4M | 12.1 mi |
| M, L & S, INC Harrah · 7 employees | $5.6M | 14.9 mi |
| OKC GRAPHIC EQUIPMENT LLC Edmond · 1 employees | $875K | 15.2 mi |
| ORANGE CONSTRUCTION LLC Spencer · 1 employees | $1.1M | 15.5 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $704K |
| Estimate: the two combined (geometric mean) | $996K |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $101K |
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 | $242K |
| Multiple for this size and industry | 2.4× |
| Value range | $127K – $331K |
| Revenue range | $655K – $1.1M |
| EBITDA range | $66K – $115K |
| 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
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 Roles are as stated there and may be out of date.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, PPP 2021 | 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 |
|---|---|---|---|
| 4/10/2020 | first | $8K | 1 |
| 2/5/2021 | second | $8K | 1 |
About Summit Tool, LLC
Summit Tool, LLC is an industrial machinery and equipment merchant wholesalers company in Luther, Oklahoma. Its estimated annual revenue is about $996K, with roughly $101K of EBITDA. It has about 1 employees. Its estimated business value is $242K (likely range $127K–$331K).
Common questions
- Who owns Summit Tool, LLC?
- The owner of Summit 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 Tool, LLC make?
- SeeBITDA estimates Summit Tool, LLC's annual revenue at about $996K (likely between $655K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Summit Tool, LLC worth?
- About $242K, roughly 2.4× its estimated EBITDA of $101K, typical for a industrial machinery and equipment merchant wholesalers company its size. Likely range: $127K–$331K.
- How many employees does Summit Tool, LLC have?
- About 1, as reported on its PPP loan.