Western Filter Company
How we got $5.0M
Based on its 28 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 59% 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.
Employees over time
▼ 4% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 28 | $8.4M |
| 2020 | Form 5500 | 23 | $6.9M |
| 2021 | Form 5500 | 22 | $6.6M |
| 2022 | Form 5500 | 23 | $6.9M |
| 2023 | Form 5500 | 22 | $6.6M |
| 2024 | Form 5500 | 27 | $8.1M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| WESTERN FILTER COMPANY this business | $16.3M | — |
| ASHLEY'S AMERICAS MALL, LLC Tulsa · 4 employees | $1.8M | 1.4 mi |
| PATRIOT FLUID POWER LLC Tulsa · 4 employees | $2.7M | 1.7 mi |
| TIMMONS OIL COMPANY, INC Tulsa · 35 employees | $37.4M | 1.9 mi |
| THUNDERBIRD FUELING SOLUTIONS LLC Tulsa · 11 employees | $7.0M | 3.1 mi |
| AMERICAN DOCUMENT SHREDDING LLC Tulsa · 7 employees | $3.6M | 3.4 mi |
| OMECORP, L.L.C. Tulsa · 27 employees | $16.6M | 4.0 mi |
The full calculation
| Employees reported to the SBA | 28 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $10.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $19.1M |
| Estimate: the two combined (geometric mean) | $16.3M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.4M |
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 | $5.0M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.7M – $6.9M |
| Revenue range | $10.7M – $18.6M |
| EBITDA range | $921K – $1.6M |
| Industry (NAICS) | Retail Trade (454390) |
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: approximate sector default. 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
- BankingThe First National Bank and Trust Company of Broken ArrowPPP / 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 First National Bank and Trust Company of Broken Arrow PPP 2020, PPP 2021 | All 149 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $335K | 27 |
| 2/5/2021 | second | $335K | 28 |
About Western Filter Company
Western Filter Company is a retail trade company in Tulsa, Oklahoma. Its estimated annual revenue is about $16.3M, with roughly $1.4M of EBITDA. It has about 27 employees. Its estimated business value is $5.0M (likely range $2.7M–$6.9M).
Common questions
- Who owns Western Filter Company?
- The owner of Western Filter 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 Western Filter Company make?
- SeeBITDA estimates Western Filter Company's annual revenue at about $16.3M (likely between $10.7M and $18.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Western Filter Company worth?
- About $5.0M, roughly 3.6× its estimated EBITDA of $1.4M, typical for a retail trade company its size. Likely range: $2.7M–$6.9M.
- How many employees does Western Filter Company have?
- About 27, from its 2024 retirement-plan filing.