Tulsa Metal Finishing Company
How we got $5.5M
Based on its 28 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 55 years (since 1971)
From public records and the company's website, not a statement that it's for sale.
What they do
Tulsa Metal Finishing Company is a metal finishing business in Tulsa, OK, operating since 1971.
From the company's website. Industry: Sheet Metal Work Manufacturing.
Estimated value over time
▲ 99% 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 |
|---|---|---|
| TULSA METAL FINISHING COMPANY this business | $11.0M | — |
| SYNERGY AEROSPACE LLC Tulsa · 6 employees | $2.2M | 0.2 mi |
| TULSA PLATE WORKS INC. Tulsa · 1 employees | $355K | 0.3 mi |
| EMMAUS GROUP LLC Tulsa · 7 employees | $3.3M | 0.5 mi |
| METAL PANELS, INC Tulsa · 50 employees | $31.4M | 1.8 mi |
| CLAW MANUFACTURING Catoosa · 22 employees | $11.5M | 2.0 mi |
| CCL ACQUISITION LLC Catoosa · 39 employees | $14.6M | 2.3 mi |
The full calculation
| Employees reported to the SBA | 28 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.6M |
| Estimate: the two combined (geometric mean) | $11.0M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.2M |
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 | $5.5M |
| Multiple for this size and industry | 4.7× |
| Value range | $2.9M – $7.6M |
| Revenue range | $7.3M – $12.6M |
| EBITDA range | $773K – $1.3M |
| Industry (NAICS) | Sheet Metal Work Manufacturing (332322) |
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
- BankingBancFirstPPP / 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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $270K | 28 |
| 2/4/2021 | second | $249K | 28 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tulsa Metal Finishing Company
Tulsa Metal Finishing Company is a sheet metal work manufacturing company in Tulsa, Oklahoma, in business since 1971. It is owned by Mark Kennedy. Its estimated annual revenue is about $11.0M, with roughly $1.2M of EBITDA. It has about 28 employees. Its estimated business value is $5.5M (likely range $2.9M–$7.6M).
Common questions
- Who owns Tulsa Metal Finishing Company?
- Tulsa Metal Finishing Company is owned by Mark Kennedy, according to public sources such as the company's website or filings.
- How much revenue does Tulsa Metal Finishing Company make?
- SeeBITDA estimates Tulsa Metal Finishing Company's annual revenue at about $11.0M (likely between $7.3M and $12.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tulsa Metal Finishing Company worth?
- About $5.5M, roughly 4.7× its estimated EBITDA of $1.2M, typical for a sheet metal work manufacturing company its size. Likely range: $2.9M–$7.6M.
- How many employees does Tulsa Metal Finishing Company have?
- About 28, as reported on its PPP loan.
- When was Tulsa Metal Finishing Company founded?
- Tulsa Metal Finishing Company has been in business since 1971.