Thompson Pump Company
How we got $3.4M
Based on its 16 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.
Employees over time
▼ 56% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 16 | $8.1M |
| 2020 | Form 5500 | 13 | $6.6M |
| 2021 | Form 5500 | 12 | $6.1M |
| 2022 | Form 5500 | 11 | $5.6M |
| 2023 | Form 5500 | 15 | $7.6M |
| 2024 | Form 5500 | 14 | $7.1M |
| 2025 | Form 5500 | 7 | $3.5M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
Signs of a sale Likely to sell
- In business 107 years (since 1919)
- Headcount down 53% since 2023 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
What they do
Thompson Pump Company manufactures a complete line of precision, sand-resistant subsurface oil well pumping equipment, along with pump parts and accessories, for oil fields. It has been used in American oil fields since 1919.
From the company's website. Industry: Air and Gas Compressor Manufacturing.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| THOMPSON PUMP COMPANY this business | $6.9M | — |
| GENERAL CLAMP AND TONG LLC Okmulgee · 8 employees | $3.2M | 1.0 mi |
| CAMPBELL SPECIALTY COMPANY, INC Okmulgee · 6 employees | $2.4M | 1.2 mi |
| IDEAL ENERGY SOLUTIONS, INC. Okmulgee · 24 employees | $13.7M | 3.4 mi |
| SERTCO INDUSTRIES, INC. Okemah · 41 employees | $24.7M | 21.0 mi |
| RAFTER H BAR WELDING SERVICE LLC Haskell · 10 employees | $3.5M | 21.5 mi |
| PARKER WELDING LLC Eufaula · 21 employees | $9.5M | 25.9 mi |
The full calculation
| Employees reported to the SBA | 16 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.2M |
| Estimate: the two combined (geometric mean) | $6.9M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $873K |
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 – $4.7M |
| Revenue range | $4.5M – $7.8M |
| EBITDA range | $575K – $996K |
| Industry (NAICS) | Air and Gas Compressor Manufacturing (333912) |
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
“Since 1919, Thompson Pumps have been used in every major American oil field and throughout the world.”
Advisors
- BankingMabrey 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
| Mabrey Bank PPP 2020, PPP 2021 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $146K | 16 |
| 1/21/2021 | second | $147K | 16 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Thompson Pump Company
Thompson Pump Company is an air and gas compressor manufacturing company in Okmulgee, Oklahoma, in business since 1919. Its estimated annual revenue is about $6.9M, with roughly $873K of EBITDA. It has about 7 employees. Its estimated business value is $3.4M (likely range $1.8M–$4.7M).
Common questions
- Who owns Thompson Pump Company?
- The owner of Thompson Pump 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 Thompson Pump Company make?
- SeeBITDA estimates Thompson Pump Company's annual revenue at about $6.9M (likely between $4.5M and $7.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Thompson Pump Company worth?
- About $3.4M, roughly 3.9× its estimated EBITDA of $873K, typical for a air and gas compressor manufacturing company its size. Likely range: $1.8M–$4.7M.
- How many employees does Thompson Pump Company have?
- About 7, from its 2025 retirement-plan filing.
- When was Thompson Pump Company founded?
- Thompson Pump Company has been in business since 1919.
- Is Thompson Pump Company for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 107 years (since 1919); headcount down 53% since 2023 (retirement plan filings).