Trasor Corp
How we got $2.7M
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 57 years (since 1969)
- Founder still runs it after 57 years
- Family in the business (Chuck Myers, President)
From public records and the company's website, not a statement that it's for sale.
What they do
Trasor Corp. is a heat trace company that stocks heating cables, connection kits, controls, sensors and accessories, and offers application engineering, proposals, field services and prototype development for heat tracing systems.
From the company's website. Industry: Heating Equipment (except Warm Air Furnaces) Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- MCINTOSH CORPORATION · Tulsa, 5 mi · $105.6M
- AIRCO SERVICES INC · Tulsa, 3 mi · $88.4M
- PLATINUM MECHANICAL, LLC · Tulsa, 5 mi · $49.5M
- AIR ASSURANCE ACQUISITION CO · Broken Arrow, 1 mi · $39.9M
- OCE MECHANICAL LLC · Broken Arrow, 2 mi · $22.1M
Estimated value over time
▲ 58% 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
▲ 10% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 10 | $3.9M |
| 2020 | Form 5500 | 9 | $3.5M |
| 2021 | Form 5500 | 9 | $3.5M |
| 2022 | Form 5500 | 9 | $3.5M |
| 2023 | Form 5500 | 10 | $3.9M |
| 2024 | Form 5500 | 13 | $5.1M |
| 2025 | Form 5500 | 11 | $4.3M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TRASOR CORP this business | $6.1M | — |
| AIR CLEANING TECHNOLOGIES, INC. Broken Arrow · 19 employees | $7.2M | 0.1 mi |
| POLAR BEAR JACK'S HEATING AND AIR DESIGN LLC Broken Arrow · 12 employees | $3.5M | 2.4 mi |
| R&R ENGINEERING CO Broken Arrow · 38 employees | $14.9M | 2.5 mi |
| RIGHT TEMP HEATING AND AIR CONDITIONING LLC Tulsa · 6 employees | $2.8M | 3.4 mi |
| AIR STAR LLC Tulsa | $1.9M | 4.1 mi |
| SCELERIN HEATERS, LLC Tulsa · 8 employees | $6.0M | 5.0 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.2M |
| Estimate: the two combined (geometric mean) | $6.1M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $687K |
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 | $2.7M |
| Multiple for this size and industry | 3.9× |
| Value range | $1.4M – $3.7M |
| Revenue range | $4.0M – $7.0M |
| EBITDA range | $452K – $783K |
| Industry (NAICS) | Heating Equipment (except Warm Air Furnaces) Manufacturing (333414) |
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
“Trasor Corporation has been a family-owned business since Charlie Myers started it in 1969.”
Leadership
- CMChuck MyersPresident · Company website · source
- HHHoward HoldenVice President · Company website · source
- TCTravis CalvinEngineer · Company website · source
- TBTodd BoydTechnical Sales & Service · Company website · source
- CWConnie WoodOffice Manager · Company website · source
- TDTony DavilaProduction Manager & Service · Company website · source
Advisors
- BankingRCB 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
| RCB Bank PPP 2020, PPP 2021 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $150K | 9 |
| 1/27/2021 | second | $113K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Trasor Corp
Trasor Corp is a family-owned heating equipment (except warm air furnaces) manufacturing company in Broken Arrow, Oklahoma, in business since 1969. It is owned by Charlie Myers (Founder). Its estimated annual revenue is about $6.1M, with roughly $687K of EBITDA. It has about 11 employees. Its estimated business value is $2.7M (likely range $1.4M–$3.7M).
Common questions
- Who owns Trasor Corp?
- Trasor Corp is owned by Charlie Myers (Founder), according to public sources such as the company's website or filings.
- How much revenue does Trasor Corp make?
- SeeBITDA estimates Trasor Corp's annual revenue at about $6.1M (likely between $4.0M and $7.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Trasor Corp worth?
- About $2.7M, roughly 3.9× its estimated EBITDA of $687K, typical for a heating equipment (except warm air furnaces) manufacturing company its size. Likely range: $1.4M–$3.7M.
- How many employees does Trasor Corp have?
- About 11, from its 2025 retirement-plan filing.
- When was Trasor Corp founded?
- Trasor Corp has been in business since 1969.
- Is Trasor Corp for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 57 years (since 1969); founder still runs it after 57 years; family in the business (chuck myers, president).