Worldwide Steel Works Inc.
How we got $22.9M
Based on its 48 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 40% since 2021Today'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 |
|---|---|---|
| WORLDWIDE STEEL WORKS INC. this business | $37.0M | — |
| WHITNEY STEEL BUILDING SYSTEMS, LLC Pryor · 39 employees | $21.0M | 3.9 mi |
| ELITE FABRICATORS, LLC Pryor · 70 employees | $31.1M | 4.0 mi |
| WORLDWIDE STEEL WORKS, INC. 401(K) PROFIT SHARING PLAN Pryor | $3.9M | 4.1 mi |
| WESTERN FRONTIER LLC Locust Grove · 62 employees | $28.5M | 10.9 mi |
| HENSON MANUFACTURING & SALES I Adair · 17 employees | $13.9M | 12.9 mi |
| CUSTOM CASTINGS OF INOLA LLC Inola · 4 employees | $995K | 15.3 mi |
The full calculation
| Employees reported to the SBA | 48 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $32.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $32.0M |
| Estimate: the two combined (geometric mean) | $37.0M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $3.9M |
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 | $22.9M |
| Multiple for this size and industry | 5.8× |
| Value range | $12.0M – $31.3M |
| Revenue range | $24.3M – $42.2M |
| EBITDA range | $2.6M – $4.5M |
| Industry (NAICS) | Fabricated Structural Metal Manufacturing (332312) |
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
- BankingPinnacle 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 Roles are as stated there and may be out of date.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
| Pinnacle Bank PPP 2021 | All 3 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2021 | second | $484K | 48 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Worldwide Steel Works Inc.
Worldwide Steel Works Inc. is a fabricated structural metal manufacturing company in Pryor, Oklahoma. Its estimated annual revenue is about $37.0M, with roughly $3.9M of EBITDA. It has about 48 employees. Its estimated business value is $22.9M (likely range $12.0M–$31.3M).
Common questions
- Who owns Worldwide Steel Works Inc.?
- The owner of Worldwide Steel Works 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 Worldwide Steel Works Inc. make?
- SeeBITDA estimates Worldwide Steel Works Inc.'s annual revenue at about $37.0M (likely between $24.3M and $42.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Worldwide Steel Works Inc. worth?
- About $22.9M, roughly 5.8× its estimated EBITDA of $3.9M, typical for a fabricated structural metal manufacturing company its size. Likely range: $12.0M–$31.3M.
- How many employees does Worldwide Steel Works Inc. have?
- About 48, as reported on its PPP loan.