Waldrops Engine Service Company
How we got $433K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 18% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| WALDROPS ENGINE SERVICE COMPANY this business | $1.3M | — |
| BRUCE'S WELDING SERVICE INC Woodward · 1 employees | $372K | 0.4 mi |
| Valve Tech Laboratory Inc Woodward | $1.8M | 0.4 mi |
| ELWYNS WELDING SERVICE INC Woodward · 5 employees | $1.6M | 0.8 mi |
| MIKE'S WELDING SERVICE LLC Woodward · 2 employees | $460K | 2.9 mi |
| FABTECH WELDING SERVICES, LLC Woodward · 1 employees | $285K | 6.3 mi |
| TWINRIVERS WELDING INC Woodward · 2 employees | $488K | 6.7 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $943K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.3M |
| Estimate: the two combined (geometric mean) | $1.3M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $173K |
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 | $433K |
| Multiple for this size and industry | 2.5× |
| Value range | $228K – $593K |
| Revenue range | $827K – $1.4M |
| EBITDA range | $114K – $198K |
| Industry (NAICS) | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (811310) |
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
- BankingThe Stock Exchange 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 Roles are as stated there and may be out of date.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
| The Stock Exchange Bank PPP 2020, PPP 2021 | All 200 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $31K | 3 |
| 1/17/2021 | second | $31K | 3 |
About Waldrops Engine Service Company
Waldrops Engine Service Company is a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company in Woodward, Oklahoma. Its estimated annual revenue is about $1.3M, with roughly $173K of EBITDA. It has about 3 employees. Its estimated business value is $433K (likely range $228K–$593K).
Common questions
- Who owns Waldrops Engine Service Company?
- The owner of Waldrops Engine Service Company 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 Waldrops Engine Service Company make?
- SeeBITDA estimates Waldrops Engine Service Company's annual revenue at about $1.3M (likely between $827K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Waldrops Engine Service Company worth?
- About $433K, roughly 2.5× its estimated EBITDA of $173K, typical for a commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance company its size. Likely range: $228K–$593K.
- How many employees does Waldrops Engine Service Company have?
- About 3, as reported on its PPP loan.