The Cornman Company
How we got $905K
Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 36% 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 |
|---|---|---|
| THE CORNMAN COMPANY this business | $3.2M | — |
| CHEROKEE PLUMBING LLC Edmond · 3 employees | $1.2M | 0.1 mi |
| Above + Beyond Service Company Oklahoma City | $1.8M | 0.2 mi |
| Oklahoma Central Air Oklahoma City | $1.8M | 0.2 mi |
| STRYKER INTEGRATED SOLUTIUONS, LLC Edmond · 19 employees | $5.2M | 0.2 mi |
| PRO TECH MECHANICAL INC Oklahoma City · 15 employees | $6.5M | 0.2 mi |
| PLUMBING CONNECTION, LLC Edmond · 11 employees | $3.1M | 0.3 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.9M |
| Estimate: the two combined (geometric mean) | $3.2M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $377K |
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 | $905K |
| Multiple for this size and industry | 2.4× |
| Value range | $476K – $1.2M |
| Revenue range | $2.1M – $3.7M |
| EBITDA range | $248K – $430K |
| Industry (NAICS) | Plumbing, Heating, and Air-Conditioning Contractors (238220) |
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
- BankingKirkpatrick 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 Roles are as stated there and may be out of date.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
| Kirkpatrick Bank PPP 2020 | All 258 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/16/2020 | first | $99K | 11 |
About The Cornman Company
The Cornman Company is a plumbing, heating & air company in Edmond, Oklahoma. Its estimated annual revenue is about $3.2M, with roughly $377K of EBITDA. It has about 11 employees. Its estimated business value is $905K (likely range $476K–$1.2M).
Common questions
- Who owns The Cornman Company?
- The owner of The Cornman Company 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 The Cornman Company make?
- SeeBITDA estimates The Cornman Company's annual revenue at about $3.2M (likely between $2.1M and $3.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is The Cornman Company worth?
- About $905K, roughly 2.4× its estimated EBITDA of $377K, typical for a plumbing, heating & air company its size. Likely range: $476K–$1.2M.
- How many employees does The Cornman Company have?
- About 11, as reported on its PPP loan.