C2 Plumbing of Oklahoma, LLC
How we got $659K
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 36% 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
▲ 22% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 9 | $1.8M |
| 2023 | Form 5500 | 6 | $1.2M |
| 2024 | Form 5500 | 8 | $1.6M |
| 2025 | Form 5500 | 11 | $2.2M |
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| C2 PLUMBING OF OKLAHOMA, LLC this business | $2.4M | — |
| CATALE ELCTRIC COMPANY, LLC Big Cabin · 4 employees | $842K | 4.8 mi |
| CATALE ELECTRIC COMPANY LLC Big Cabin · 5 employees | $786K | 4.8 mi |
| LESTER CAMPBELL Chelsea · 6 employees | $2.4M | 6.3 mi |
| WALTER & SUSAN ENTERPRISES INC. Claremore · 4 employees | $1.5M | 8.7 mi |
| BARBEE'S HEAT & AIR, LLC Claremore · 16 employees | $4.6M | 8.7 mi |
| ANDPRO PLUMBING AND DRAIN INC Claremore · 2 employees | $520K | 8.8 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.0M |
| Estimate: the two combined (geometric mean) | $2.4M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $275K |
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 | $659K |
| Multiple for this size and industry | 2.4× |
| Value range | $347K – $902K |
| Revenue range | $1.6M – $2.7M |
| EBITDA range | $181K – $313K |
| Industry (NAICS) | Plumbing, Heating, and Air-Conditioning Contractors (238220) |
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
- BankingBank of CommercePPP / 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
| Bank of Commerce PPP 2020 | All 308 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/13/2020 | first | $65K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About C2 Plumbing of Oklahoma, LLC
C2 Plumbing of Oklahoma, LLC is a plumbing, heating & air company in Chelsea, Oklahoma. It is owned by JENNY LEE RAMSEY (Key Principal). Its estimated annual revenue is about $2.4M, with roughly $275K of EBITDA. It has about 11 employees. Its estimated business value is $659K (likely range $347K–$902K).
Common questions
- Who owns C2 Plumbing of Oklahoma, LLC?
- C2 Plumbing of Oklahoma, LLC is owned by JENNY LEE RAMSEY (Key Principal), according to public sources such as the company's website or filings.
- How much revenue does C2 Plumbing of Oklahoma, LLC make?
- SeeBITDA estimates C2 Plumbing of Oklahoma, LLC's annual revenue at about $2.4M (likely between $1.6M and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is C2 Plumbing of Oklahoma, LLC worth?
- About $659K, roughly 2.4× its estimated EBITDA of $275K, typical for a plumbing, heating & air company its size. Likely range: $347K–$902K.
- How many employees does C2 Plumbing of Oklahoma, LLC have?
- About 11, from its 2025 retirement-plan filing.