Texoma Utility Equipment Inc
How we got $3.7M
Based on its 12 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 37 years (since 1989)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 34% 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 |
|---|---|---|
| TEXOMA UTILITY EQUIPMENT INC this business | $7.8M | — |
| METTS BROTHERS, INCORPORATED Durant · 3 employees | $2.0M | 0.3 mi |
| METTS POWERLINE CONSTRUCTION, INC. Durant · 34 employees | $24.7M | 0.3 mi |
| BRIAN GRAVES PAINTING LLC Durant · 2 employees | $1.3M | 4.2 mi |
| BUSHWACKERS LAND CLEARING LLC Calera · 11 employees | $8.5M | 8.1 mi |
| MR. T'S LAKESIDE ENTERPRISES, INC. Mead · 1 employees | $406K | 9.1 mi |
| KINGSTON UNITED METHODIST CHURCH INC. Kingston · 4 employees | $2.7M | 18.9 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.5M |
| Estimate: the two combined (geometric mean) | $7.8M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $976K |
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 | $3.7M |
| Multiple for this size and industry | 3.8× |
| Value range | $2.0M – $5.1M |
| Revenue range | $5.1M – $8.8M |
| EBITDA range | $642K – $1.1M |
| Industry (NAICS) | All Other Miscellaneous Nonmetallic Mineral Product Manufacturing (327999) |
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
People & advisors
Advisors
- BankingSimmons 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
| Simmons Bank PPP 2020 | All 789 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $150K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Texoma Utility Equipment Inc
Texoma Utility Equipment Inc is an all other miscellaneous nonmetallic mineral product manufacturing company in Durant, Oklahoma, in business since 1989. Its estimated annual revenue is about $7.8M, with roughly $976K of EBITDA. It has about 12 employees. Its estimated business value is $3.7M (likely range $2.0M–$5.1M).
Common questions
- Who owns Texoma Utility Equipment Inc?
- The owner of Texoma Utility Equipment 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 Texoma Utility Equipment Inc make?
- SeeBITDA estimates Texoma Utility Equipment Inc's annual revenue at about $7.8M (likely between $5.1M and $8.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Texoma Utility Equipment Inc worth?
- About $3.7M, roughly 3.8× its estimated EBITDA of $976K, typical for a all other miscellaneous nonmetallic mineral product manufacturing company its size. Likely range: $2.0M–$5.1M.
- How many employees does Texoma Utility Equipment Inc have?
- About 12, as reported on its PPP loan.
- When was Texoma Utility Equipment Inc founded?
- Texoma Utility Equipment Inc has been in business since 1989.