Tetrachem Seal Company, Inc.
How we got $6.1M
Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 17 years (since 2009)
From public records and the company's website, not a statement that it's for sale.
What they do
Tetrachem Seal Co. is a plastic fabrication and custom plastic machining company that manufactures precision plastic components, prototypes and production runs for industrial OEMs and manufacturers.
From the company's website. Industry: Plastics Material and Resin Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- FUTURE ENERGY SERVICES OF OKLAHOMA · Kingston, 13 mi · $163.9M
- TITAN OIL TOOLS INC · Ratliff City, 66 mi · $74.8M
- OKLAHOMA PETROLEUM ALLIES LLC · Ardmore, 41 mi · $74.5M
- QUIEN SABE CORPORATION · Ardmore, 41 mi · $61.9M
- POSITIVE ENERGY LLC · Ada, 54 mi · $51.0M
Estimated value over time
▲ 13% 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 |
|---|---|---|
| TETRACHEM SEAL COMPANY, INC. this business | $12.0M | — |
| DURANT PLASTICS AND MANUFACTURING INC. Durant · 4 employees | $7.0M | 4.8 mi |
| KT PLASTICS, INC. Calera · 250 employees | $326.5M | 5.7 mi |
| FIBRE REDUCTION, INC. Ardmore · 1 employees | $1.9M | 40.4 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $12.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.2M |
| Estimate: the two combined (geometric mean) | $12.0M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.4M |
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 | $6.1M |
| Multiple for this size and industry | 4.5× |
| Value range | $3.2M – $8.4M |
| Revenue range | $7.9M – $13.7M |
| EBITDA range | $898K – $1.6M |
| Industry (NAICS) | Plastics Material and Resin Manufacturing (325211) |
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. 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
- BankingFirst United Bank and Trust CompanyPPP / 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
| First United Bank and Trust Company PPP 2020, PPP 2021 | All 2,229 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 | $122K | 11 |
| 1/31/2021 | second | $115K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tetrachem Seal Company, Inc.
Tetrachem Seal Company, Inc. is a plastics material and resin manufacturing company in Durant, Oklahoma, in business since 2009. Its estimated annual revenue is about $12.0M, with roughly $1.4M of EBITDA. It has about 11 employees. Its estimated business value is $6.1M (likely range $3.2M–$8.4M).
Common questions
- Who owns Tetrachem Seal Company, Inc.?
- The owner of Tetrachem Seal Company, 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 Tetrachem Seal Company, Inc. make?
- SeeBITDA estimates Tetrachem Seal Company, Inc.'s annual revenue at about $12.0M (likely between $7.9M and $13.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tetrachem Seal Company, Inc. worth?
- About $6.1M, roughly 4.5× its estimated EBITDA of $1.4M, typical for a plastics material and resin manufacturing company its size. Likely range: $3.2M–$8.4M.
- How many employees does Tetrachem Seal Company, Inc. have?
- About 11, as reported on its PPP loan.
- When was Tetrachem Seal Company, Inc. founded?
- Tetrachem Seal Company, Inc. has been in business since 2009.