Tubacex Durnant, Inc
How we got $16.9M
Based on its 29 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 37% 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 |
|---|---|---|
| TUBACEX DURNANT, INC this business | $35.4M | — |
| KEYSTONE BROADCASTING CORP Durant · 17 employees | $6.3M | 3.3 mi |
| AERO COMPONENT REPAIR, LLC Durant · 9 employees | $3.2M | 3.3 mi |
| DAVID M CHEEK INCORPORATED LLC Durant · 3 employees | $1.5M | 3.4 mi |
| TEXOMA TURBINES, INC. Durant · 3 employees | $2.6M | 4.2 mi |
| JERRY BEAGLEY BRAIDING CO INC Calera · 4 employees | $3.5M | 5.1 mi |
| TEXOMA MILLWRIGHT AND WELDING, INC. Calera · 21 employees | $9.7M | 5.6 mi |
The full calculation
| Employees reported to the SBA | 29 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $32.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $29.8M |
| Estimate: the two combined (geometric mean) | $35.4M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $2.9M |
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 | $16.9M |
| Multiple for this size and industry | 5.8× |
| Value range | $8.9M – $23.2M |
| Revenue range | $23.3M – $40.3M |
| EBITDA range | $1.9M – $3.3M |
| Industry (NAICS) | Iron and Steel Pipe and Tube Manufacturing from Purchased Steel (331210) |
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
- BankingCross River 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 Roles are as stated there and may be out of date.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
| Cross River Bank PPP 2020 | All 589 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 6/25/2020 | first | $255K | 29 |
About Tubacex Durnant, Inc
Tubacex Durnant, Inc is an iron and steel pipe and tube manufacturing from purchased steel company in Durant, Oklahoma. Its estimated annual revenue is about $35.4M, with roughly $2.9M of EBITDA. It has about 29 employees. Its estimated business value is $16.9M (likely range $8.9M–$23.2M).
Common questions
- Who owns Tubacex Durnant, Inc?
- The owner of Tubacex Durnant, Inc 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 Tubacex Durnant, Inc make?
- SeeBITDA estimates Tubacex Durnant, Inc's annual revenue at about $35.4M (likely between $23.3M and $40.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tubacex Durnant, Inc worth?
- About $16.9M, roughly 5.8× its estimated EBITDA of $2.9M, typical for a iron and steel pipe and tube manufacturing from purchased steel company its size. Likely range: $8.9M–$23.2M.
- How many employees does Tubacex Durnant, Inc have?
- About 29, as reported on its PPP loan.