Tulsa Propulsion Engines, Inc.
How we got $929K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 21% 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 PROPULSION ENGINES, INC. this business | $3.5M | — |
| NEWTON EQUIPMENT, LLC DBA STEWART MARTIN EQUIPMENT Okmulgee | $42.5M | 6.3 mi |
| GOBOB PIPE & STEEL SALES LLC Mounds · 21 employees | $18.9M | 12.5 mi |
| MARTIN PRESSURE SYSTEMS INT'L LLC Bixby · 3 employees | $4.5M | 15.4 mi |
| STOUT LAWN EQUIPMENT LLC Glenpool · 3 employees | $2.8M | 16.5 mi |
| BLAKE MONTGOMERY Tulsa · 1 employees | $1.7M | 18.4 mi |
| CUTTING EDGE SALES LLC Tulsa · 1 employees | $1.7M | 18.9 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.9M |
| Estimate: the two combined (geometric mean) | $3.5M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $320K |
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 | $929K |
| Multiple for this size and industry | 2.9× |
| Value range | $489K – $1.3M |
| Revenue range | $2.3M – $4.0M |
| EBITDA range | $211K – $365K |
| Industry (NAICS) | Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers (423860) |
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
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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 4/9/2020 | first | $16K | 4 |
| 3/12/2021 | second | $17K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tulsa Propulsion Engines, Inc.
Tulsa Propulsion Engines, Inc. is a transportation equipment and supplies (except motor vehicle) merchant wholesalers company in Beggs, Oklahoma, in business since 2026. Its estimated annual revenue is about $3.5M, with roughly $320K of EBITDA. It has about 4 employees. Its estimated business value is $929K (likely range $489K–$1.3M).
Common questions
- Who owns Tulsa Propulsion Engines, Inc.?
- The owner of Tulsa Propulsion Engines, 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 Tulsa Propulsion Engines, Inc. make?
- SeeBITDA estimates Tulsa Propulsion Engines, Inc.'s annual revenue at about $3.5M (likely between $2.3M and $4.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tulsa Propulsion Engines, Inc. worth?
- About $929K, roughly 2.9× its estimated EBITDA of $320K, typical for a transportation equipment and supplies (except motor vehicle) merchant wholesalers company its size. Likely range: $489K–$1.3M.
- How many employees does Tulsa Propulsion Engines, Inc. have?
- About 4, as reported on its PPP loan.
- When was Tulsa Propulsion Engines, Inc. founded?
- Tulsa Propulsion Engines, Inc. has been in business since 2026.