Tank Specialities, Inc.
How we got $2.5M
Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▼ 4% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TANK SPECIALITIES, INC. this business | $5.0M | — |
| OKLAHOMA SHAMROCK SALES INC Tulsa · 15 employees | $5.9M | 5.9 mi |
| SHEN TE ENTERPRISES INC. Tulsa · 27 employees | $11.1M | 9.9 mi |
| FENIX EQUIPMENT CO Tulsa · 4 employees | $1.9M | 10.0 mi |
| FLUID CONTROLS INC Tulsa · 13 employees | $5.1M | 13.3 mi |
| HOUSTON BROTHERS, INC. Broken Arrow · 2 employees | $919K | 19.2 mi |
| INDUSTRIAL ENTERPRISE, INC Chouteau · 4 employees | $1.8M | 34.3 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.8M |
| Estimate: the two combined (geometric mean) | $5.0M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $634K |
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 | $2.5M |
| Multiple for this size and industry | 3.9× |
| Value range | $1.3M – $3.4M |
| Revenue range | $3.3M – $5.7M |
| EBITDA range | $417K – $722K |
| Industry (NAICS) | Commercial and Service Industry Machinery Manufacturing (333318) |
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
Advisors
- BankingSecurity 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 Roles are as stated there and may be out of date.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
| Security Bank PPP 2020 | All 617 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $159K | 12 |
About Tank Specialities, Inc.
Tank Specialities, Inc. is a commercial and service industry machinery manufacturing company in Tulsa, Oklahoma. Its estimated annual revenue is about $5.0M, with roughly $634K of EBITDA. It has about 12 employees. Its estimated business value is $2.5M (likely range $1.3M–$3.4M).
Common questions
- Who owns Tank Specialities, Inc.?
- The owner of Tank Specialities, 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 Tank Specialities, Inc. make?
- SeeBITDA estimates Tank Specialities, Inc.'s annual revenue at about $5.0M (likely between $3.3M and $5.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tank Specialities, Inc. worth?
- About $2.5M, roughly 3.9× its estimated EBITDA of $634K, typical for a commercial and service industry machinery manufacturing company its size. Likely range: $1.3M–$3.4M.
- How many employees does Tank Specialities, Inc. have?
- About 12, as reported on its PPP loan.