Airtech Products, Inc.
How we got $12.2M
Based on its 44 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 26% 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 |
|---|---|---|
| AIRTECH PRODUCTS, INC. this business | $19.8M | — |
| METAL FORMING SOLUTIONS, LLC Tulsa · 13 employees | $5.4M | 2.9 mi |
| WR ROCKY HOLDCO, LLC Tulsa · 90 employees | $44.4M | 3.8 mi |
| WRC HOLDCO, LLC Tulsa · 29 employees | $11.3M | 3.8 mi |
| WELDPRO MANUFACTURING LLC Tulsa · 9 employees | $3.7M | 3.8 mi |
| LAUGHING WATER ENTERPRISES LLC Tulsa · 6 employees | $2.0M | 4.1 mi |
| YOUNG ENERGY PRODUCTS, LLC Tulsa · 11 employees | $5.6M | 5.2 mi |
The full calculation
| Employees reported to the SBA | 44 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $16.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $17.9M |
| Estimate: the two combined (geometric mean) | $19.8M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $2.1M |
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 | $12.2M |
| Multiple for this size and industry | 5.8× |
| Value range | $6.4M – $16.8M |
| Revenue range | $13.0M – $22.6M |
| EBITDA range | $1.4M – $2.4M |
| Industry (NAICS) | All Other Miscellaneous Fabricated Metal Product Manufacturing (332999) |
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
History & advisors
Advisors
- BankingAmerican Heritage 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 Roles are as stated there and may be out of date.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
| American Heritage Bank PPP 2020, PPP 2021 | All 446 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $488K | 44 |
| 1/20/2021 | second | $488K | 25 |
About Airtech Products, Inc.
Airtech Products, Inc. is an all other miscellaneous fabricated metal product manufacturing company in Tulsa, Oklahoma. Its estimated annual revenue is about $19.8M, with roughly $2.1M of EBITDA. It has about 44 employees. Its estimated business value is $12.2M (likely range $6.4M–$16.8M).
Common questions
- Who owns Airtech Products, Inc.?
- The owner of Airtech Products, 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 Airtech Products, Inc. make?
- SeeBITDA estimates Airtech Products, Inc.'s annual revenue at about $19.8M (likely between $13.0M and $22.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Airtech Products, Inc. worth?
- About $12.2M, roughly 5.8× its estimated EBITDA of $2.1M, typical for a all other miscellaneous fabricated metal product manufacturing company its size. Likely range: $6.4M–$16.8M.
- How many employees does Airtech Products, Inc. have?
- About 44, as reported on its PPP loan.