Sun Manufacturing, Inc
How we got $11.6M
Based on its 23 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 29 years (since 1997)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 47% 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
▼ 26% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 23 | $12.8M |
| 2020 | Form 5500 | 20 | $11.1M |
| 2021 | Form 5500 | 14 | $7.8M |
| 2022 | Form 5500 | 16 | $8.9M |
| 2023 | Form 5500 | 17 | $9.4M |
| 2024 | Form 5500 | 17 | $9.4M |
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 |
|---|---|---|
| SUN MANUFACTURING, INC this business | $18.8M | — |
| REFRACTORY ANCHORS INC Broken Arrow · 36 employees | $27.1M | 4.2 mi |
| A. & E. FRAME MFG., INC. Broken Arrow · 3 employees | $2.3M | 7.0 mi |
| BERRYHILL ORNAMENTAL IRON, LLC Broken Arrow · 3 employees | $1.6M | 7.3 mi |
| PATTISON METAL FAB INC Broken Arrow · 28 employees | $23.6M | 7.5 mi |
| COOLING PRODUCTS, INC. Broken Arrow · 31 employees | $18.2M | 9.0 mi |
| MOODY METAL FAB LLC Tulsa · 7 employees | $2.5M | 11.4 mi |
The full calculation
| Employees reported to the SBA | 23 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $15.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $17.2M |
| Estimate: the two combined (geometric mean) | $18.8M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $2.0M |
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 | $11.6M |
| Multiple for this size and industry | 5.8× |
| Value range | $6.1M – $15.9M |
| Revenue range | $12.3M – $21.4M |
| EBITDA range | $1.3M – $2.3M |
| Industry (NAICS) | Fabricated Structural Metal Manufacturing (332312) |
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
Leadership
- CWCharles Wayne WalkupSigned for the company · 2023 retirement-plan filing (Form 5500)
Advisors
- BankingThe First National Bank and Trust Company of Broken ArrowPPP / 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
| The First National Bank and Trust Company of Broken Arrow PPP 2020, PPP 2021 | All 149 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $260K | 23 |
| 1/20/2021 | second | $260K | 19 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Sun Manufacturing, Inc
Sun Manufacturing, Inc is a fabricated structural metal manufacturing company in Coweta, Oklahoma, in business since 1997. Its estimated annual revenue is about $18.8M, with roughly $2.0M of EBITDA. It has about 17 employees. Its estimated business value is $11.6M (likely range $6.1M–$15.9M).
Common questions
- Who owns Sun Manufacturing, Inc?
- The owner of Sun Manufacturing, 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 Sun Manufacturing, Inc make?
- SeeBITDA estimates Sun Manufacturing, Inc's annual revenue at about $18.8M (likely between $12.3M and $21.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sun Manufacturing, Inc worth?
- About $11.6M, roughly 5.8× its estimated EBITDA of $2.0M, typical for a fabricated structural metal manufacturing company its size. Likely range: $6.1M–$15.9M.
- How many employees does Sun Manufacturing, Inc have?
- About 17, from its 2024 retirement-plan filing.
- When was Sun Manufacturing, Inc founded?
- Sun Manufacturing, Inc has been in business since 1997.