True Turn of Tulsa, LLC
How we got $48.8M
Based on 170 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Signs of a sale Some signs of a sale
- In business 31 years (since 1995)
From public records and the company's website, not a statement that it's for sale.
What they do
True Turn of Tulsa is a machine shop in Sapulpa, OK, founded in 1995, focusing on milling and drilling machined parts for manufacturers of shell and tube and air-cooled heat exchangers and other pressure vessels.
From the company's website. Industry: Machine shops & fabrication.
Estimated value over time
▲ 40% 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 |
|---|---|---|
| TRUE TURN OF TULSA, LLC this business | $67.3M | — |
| QUALITY MACHINING, L.L.C. Sapulpa · 24 employees | $7.8M | 0.2 mi |
| Mac6 Machining Sapulpa | $2.0M | 0.8 mi |
| ACTION MACHINE, INC. Tulsa · 10 employees | $3.7M | 1.3 mi |
| DOWNING MFG INC Tulsa · 17 employees | $4.8M | 1.5 mi |
| ACS STEEL COMPANY, LLC Tulsa · 41 employees | $13.6M | 1.7 mi |
| NAUMAN MACHINING SOLUTIONS INC Sand Springs · 13 employees | $3.5M | 3.8 mi |
The full calculation
| Employees reported to the SBA | 170 |
| Industry revenue per employee | $203K |
| Revenue = employees × revenue per employee | $67.3M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $7.2M |
| Cross-check: revenue implied by PPP payroll | $8.5M |
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 | $48.8M |
| Multiple for this size and industry | 6.8× |
| Value range | $23.1M – $69.2M |
| Revenue range | $39.8M – $79.6M |
| EBITDA range | $4.2M – $8.5M |
| Industry (NAICS) | Machine Shops (332710) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
“True Turn of Tulsa was founded in 1995 with the goal of becoming the finest machine shop in the area focusing on the Heat Transfer Industry – Primarily providing Milling and Drilling for Manufacturers of Shell and Tube Heat Exchangers and Air-Cooled Heat Exchangers as well as other Pressure Vessels.”
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 |
|---|---|---|---|
| 4/3/2020 | first | $285K | 17 |
| 2/12/2021 | second | $285K | 170 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About True Turn of Tulsa, LLC
True Turn of Tulsa, LLC is a machine shops & fabrication company in Sapulpa, Oklahoma, in business since 1995. Its estimated annual revenue is about $67.3M, with roughly $7.2M of EBITDA. It has about 170 employees. Its estimated business value is $48.8M (likely range $23.1M–$69.2M).
Common questions
- Who owns True Turn of Tulsa, LLC?
- The owner of True Turn of Tulsa, LLC 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 True Turn of Tulsa, LLC make?
- SeeBITDA estimates True Turn of Tulsa, LLC's annual revenue at about $67.3M (likely between $39.8M and $79.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is True Turn of Tulsa, LLC worth?
- About $48.8M, roughly 6.8× its estimated EBITDA of $7.2M, typical for a machine shops & fabrication company its size. Likely range: $23.1M–$69.2M.
- How many employees does True Turn of Tulsa, LLC have?
- About 170, as reported on its PPP loan.
- When was True Turn of Tulsa, LLC founded?
- True Turn of Tulsa, LLC has been in business since 1995.