Zeco Machine Incorporated
How we got $6.3M
Based on its 32 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 25% 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
What they do
Zeco Machine is a CNC machine shop in Guthrie, OK that manufactures precision machined components for original equipment manufacturers in aerospace, defense, and oil and gas industries.
From the company's website. Industry: Precision Turned Product Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Continental Resources · Oklahoma City, 24 mi · $7.69B
- GULFPORT ENERGY CORPORATION · Oklahoma City, 16 mi · $1.42B
- MACH RESOURCES LLC · Oklahoma City, 16 mi · $1.18B
- CROWN ENERGY COMPANY · Oklahoma City, 22 mi · $712.0M
- MUSTANG FUEL CORPORATION · Oklahoma City, 17 mi · $708.6M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ZECO MACHINE INCORPORATED this business | $11.6M | — |
| APPLIED HONE & GRIND LLC Edmond · 13 employees | $4.4M | 12.5 mi |
| U.S. TRENCHER SUPPLY, INC. Cashion · 1 employees | $312K | 15.1 mi |
| SUPERIOR SUPERVAKS LLC Oklahoma City · 11 employees | $4.0M | 18.9 mi |
| EXPRESS MACHINE SERVICES LLC Oklahoma City · 1 employees | $289K | 20.7 mi |
| CASADY N COMPANY LLC Oklahoma City · 8 employees | $2.1M | 21.5 mi |
| CNC Programming Solutions LLC Perkins | $2.0M | 22.5 mi |
The full calculation
| Employees reported to the SBA | 32 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $11.9M |
| Estimate: the two combined (geometric mean) | $11.6M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.3M |
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 | $6.3M |
| Multiple for this size and industry | 4.7× |
| Value range | $3.3M – $8.6M |
| Revenue range | $7.6M – $13.3M |
| EBITDA range | $876K – $1.5M |
| Industry (NAICS) | Precision Turned Product Manufacturing (332721) |
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
- BankingInterBankPPP / 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
| InterBank PPP 2020, PPP 2021 | All 585 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $414K | 32 |
| 2/5/2021 | second | $414K | 28 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Zeco Machine Incorporated
Zeco Machine Incorporated is a precision turned product manufacturing company in Guthrie, Oklahoma, in business since 2012. It is owned by Tony Ziegelgruber (Owner, President and CEO). Its estimated annual revenue is about $11.6M, with roughly $1.3M of EBITDA. It has about 32 employees. Its estimated business value is $6.3M (likely range $3.3M–$8.6M).
Common questions
- Who owns Zeco Machine Incorporated?
- Zeco Machine Incorporated is owned by Tony Ziegelgruber (Owner, President and CEO), according to public sources such as the company's website or filings.
- How much revenue does Zeco Machine Incorporated make?
- SeeBITDA estimates Zeco Machine Incorporated's annual revenue at about $11.6M (likely between $7.6M and $13.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Zeco Machine Incorporated worth?
- About $6.3M, roughly 4.7× its estimated EBITDA of $1.3M, typical for a precision turned product manufacturing company its size. Likely range: $3.3M–$8.6M.
- How many employees does Zeco Machine Incorporated have?
- About 32, as reported on its PPP loan.
- When was Zeco Machine Incorporated founded?
- Zeco Machine Incorporated has been in business since 2012.