Thomas Insulation Corporation
How we got $1.9M
Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 26% 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
Signs of a sale Unlikely to sell soon
- In business 23 years (since 2003)
From public records and the company's website, not a statement that it's for sale.
What they do
Thomas Insulation Corporation provides mechanical insulation services, products and education, including insulation contracting, estimation take-off and consulting, for commercial, industrial and residential projects.
From the company's website. Industry: Drywall & insulation.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| THOMAS INSULATION CORPORATION this business | $6.5M | — |
| PRECISION CASEWORK & TRIM, INC. Oklahoma City · 29 employees | $11.3M | 0.1 mi |
| TITAN ES, LLC Moore · 33 employees | $14.8M | 1.0 mi |
| AFFORDABLE DOOR CO LLC Oklahoma City · 4 employees | $1.4M | 1.1 mi |
| ALVAREZ PAINTING & UNIQUE FINISHES L.L.C. Oklahoma City · 1 employees | $326K | 1.2 mi |
| FLOORING SERVICES INC Moore · 4 employees | $2.7M | 1.4 mi |
| RICH MONTGOMERY CARPET SERVICE, INC. Moore · 5 employees | $3.1M | 1.4 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.4M |
| Estimate: the two combined (geometric mean) | $6.5M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $690K |
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 | $1.9M |
| Multiple for this size and industry | 2.8× |
| Value range | $1.0M – $2.6M |
| Revenue range | $4.3M – $7.4M |
| EBITDA range | $454K – $786K |
| Industry (NAICS) | Drywall and Insulation Contractors (238310) |
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
- BankingBOKF, National AssociationPPP / 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
| BOKF, National Association PPP 2020, PPP 2021 | All 2,399 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 | $132K | 11 |
| 2/18/2021 | second | $102K | 7 |
2 locations
| 8709 GATEWAY TERRACE | Oklahoma City | This listing |
| 31120 S Tucker Knob Rd | Kinta | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Thomas Insulation Corporation
Thomas Insulation Corporation is a drywall & insulation company in Oklahoma City, Oklahoma, in business since 2003. Its estimated annual revenue is about $6.5M, with roughly $690K of EBITDA. It has about 11 employees. Its estimated business value is $1.9M (likely range $1.0M–$2.6M). It has 2 locations.
Common questions
- Who owns Thomas Insulation Corporation?
- The owner of Thomas Insulation Corporation 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 Insulation Corporation make?
- SeeBITDA estimates Thomas Insulation Corporation's annual revenue at about $6.5M (likely between $4.3M and $7.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Thomas Insulation Corporation worth?
- About $1.9M, roughly 2.8× its estimated EBITDA of $690K, typical for a drywall & insulation company its size. Likely range: $1.0M–$2.6M.
- How many employees does Thomas Insulation Corporation have?
- About 11, as reported on its PPP loan.
- When was Thomas Insulation Corporation founded?
- Thomas Insulation Corporation has been in business since 2003.