Weldco Manufacturing LLC
How we got $2.0M
Based on its 21 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 30 years (since 1996)
From public records and the company's website, not a statement that it's for sale.
What they do
Weldco Manufacturing is a full-service metal fabrication company in South-Central Oklahoma that serves customers with fuel tank enclosures and related fabricated products.
From the company's website. Industry: Other Building Finishing Contractors.
Estimated value over time
▲ 24% 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 |
|---|---|---|
| WELDCO MANUFACTURING LLC this business | $7.6M | — |
| DON III, L.L.C. Durant · 9 employees | $5.0M | 12.1 mi |
| LOWELL SMITH Durant · 1 employees | $303K | 12.4 mi |
| ECOSEAL SPRAY FOAM AND COATINGS LLC Kingston · 6 employees | $2.0M | 12.9 mi |
| CLINT DODSON ENTERPRISES, LLC Durant · 9 employees | $2.5M | 13.1 mi |
| PAGE GARAGE DOORS & INSULATION LLC Durant · 8 employees | $1.8M | 13.5 mi |
| ECOSEAL SPRAYFOAM AND COATINGS LLC Kingston · 4 employees | $3.4M | 14.8 mi |
The full calculation
| Employees reported to the SBA | 21 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.0M |
| Estimate: the two combined (geometric mean) | $7.6M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $708K |
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 | $2.0M |
| Multiple for this size and industry | 2.8× |
| Value range | $1.0M – $2.7M |
| Revenue range | $5.0M – $8.7M |
| EBITDA range | $465K – $807K |
| Industry (NAICS) | Other Building Finishing Contractors (238390) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“Founded in 1996, we started small and worked our way to the top, currently ranking as one of the most capable metal fabrication companies between Oklahoma City and Dallas.”
Advisors
- BankingFirst United Bank and Trust CompanyPPP / 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
| First United Bank and Trust Company PPP 2020, PPP 2021 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $253K | 21 |
| 2/18/2021 | second | $231K | 19 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Weldco Manufacturing LLC
Weldco Manufacturing LLC is an other building finishing contractors company in Colbert, Oklahoma, in business since 1996. Its estimated annual revenue is about $7.6M, with roughly $708K of EBITDA. It has about 21 employees. Its estimated business value is $2.0M (likely range $1.0M–$2.7M).
Common questions
- Who owns Weldco Manufacturing LLC?
- The owner of Weldco Manufacturing 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 Weldco Manufacturing LLC make?
- SeeBITDA estimates Weldco Manufacturing LLC's annual revenue at about $7.6M (likely between $5.0M and $8.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Weldco Manufacturing LLC worth?
- About $2.0M, roughly 2.8× its estimated EBITDA of $708K, typical for a other building finishing contractors company its size. Likely range: $1.0M–$2.7M.
- How many employees does Weldco Manufacturing LLC have?
- About 21, as reported on its PPP loan.
- When was Weldco Manufacturing LLC founded?
- Weldco Manufacturing LLC has been in business since 1996.