Thomas Engineering Company
How we got $3.4M
Based on its 20 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 22% 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 |
|---|---|---|
| THOMAS ENGINEERING COMPANY this business | $6.2M | — |
| TRIAD PRECISION PRODUCT, INC. Tulsa · 15 employees | $4.7M | 0.7 mi |
| CARLSON DESIGN CORPORATION Tulsa · 5 employees | $2.0M | 1.4 mi |
| US SAFETYSIGN & DECAL LLC Tulsa · 6 employees | $1.5M | 1.4 mi |
| LIVYLU, LLC Tulsa · 10 employees | $2.3M | 1.5 mi |
| VELLA BIOSCIENCE, INC. Tulsa | $1.0M | 1.6 mi |
| THE GRIP JAR OPENER LLC Tulsa · 3 employees | $1.1M | 1.7 mi |
The full calculation
| Employees reported to the SBA | 20 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.5M |
| Estimate: the two combined (geometric mean) | $6.2M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $861K |
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 | $3.4M |
| Multiple for this size and industry | 3.9× |
| Value range | $1.8M – $4.6M |
| Revenue range | $4.1M – $7.1M |
| EBITDA range | $566K – $982K |
| Industry (NAICS) | Gasket, packing, and sealing device manufacturing (339991) |
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
- BankingProsperity 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 Roles are as stated there and may be out of date.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
| Prosperity Bank PPP 2020 | All 748 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $218K | 20 |
About Thomas Engineering Company
Thomas Engineering Company is a gasket, packing, and sealing device manufacturing company in Tulsa, Oklahoma. Its estimated annual revenue is about $6.2M, with roughly $861K of EBITDA. It has about 20 employees. Its estimated business value is $3.4M (likely range $1.8M–$4.6M).
Common questions
- Who owns Thomas Engineering Company?
- The owner of Thomas Engineering 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 Thomas Engineering Company make?
- SeeBITDA estimates Thomas Engineering Company's annual revenue at about $6.2M (likely between $4.1M and $7.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Thomas Engineering Company worth?
- About $3.4M, roughly 3.9× its estimated EBITDA of $861K, typical for a gasket, packing, and sealing device manufacturing company its size. Likely range: $1.8M–$4.6M.
- How many employees does Thomas Engineering Company have?
- About 20, as reported on its PPP loan.