Wellmans, Inc.
How we got $476K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 90% 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 |
|---|---|---|
| WELLMANS, INC. this business | $827K | — |
| ALL SEASONS LANDSCAPE MANAGEMENT INC Norman · 6 employees | $961K | 3.4 mi |
| SEARCH, INC. Norman · 4 employees | $1.7M | 4.0 mi |
| DIRT FARMERS, INC Norman · 6 employees | $949K | 4.1 mi |
| GRANSBERG & ASSOCIATES INC Norman · 3 employees | $1.1M | 4.2 mi |
| ARROWHEAD ENGINEERING CO, LLC Norman · 1 employees | $554K | 4.2 mi |
| Ecrasystems LC Norman | $2.0M | 6.5 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $512K |
| Estimate: the two combined (geometric mean) | $827K |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $164K |
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 | $476K |
| Multiple for this size and industry | 2.9× |
| Value range | $250K – $651K |
| Revenue range | $544K – $943K |
| EBITDA range | $108K – $187K |
| Industry (NAICS) | Engineering Services (541330) |
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
People & advisors
Advisors
- BankingFirst Fidelity 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 Roles are as stated there and may be out of date.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
| First Fidelity Bank PPP 2020 | All 940 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $17K | 3 |
About Wellmans, Inc.
Wellmans, Inc. is an engineering & architecture company in Norman, Oklahoma. Its estimated annual revenue is about $827K, with roughly $164K of EBITDA. It has about 3 employees. Its estimated business value is $476K (likely range $250K–$651K).
Common questions
- Who owns Wellmans, Inc.?
- The owner of Wellmans, 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 Wellmans, Inc. make?
- SeeBITDA estimates Wellmans, Inc.'s annual revenue at about $827K (likely between $544K and $943K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Wellmans, Inc. worth?
- About $476K, roughly 2.9× its estimated EBITDA of $164K, typical for a engineering & architecture company its size. Likely range: $250K–$651K.
- How many employees does Wellmans, Inc. have?
- About 3, as reported on its PPP loan.