Ftdm Investments, LLC
How we got $49.5M
Based on its 97 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 15% 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
▲ 1% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 97 | $41.1M |
| 2020 | Form 5500 | 81 | $34.3M |
| 2021 | Form 5500 | 73 | $30.9M |
| 2022 | Form 5500 | 82 | $34.8M |
| 2023 | Form 5500 | 82 | $34.8M |
| 2024 | Form 5500 | 87 | $36.9M |
| 2025 | Form 5500 | 98 | $41.5M |
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 |
|---|---|---|
| FTDM INVESTMENTS, LLC this business | $68.3M | — |
| PARFAB INDUSTRIES LLC Inola · 93 employees | $71.5M | 19.9 mi |
| C&M CONTRACTORS, LLC Vinita · 23 employees | $7.8M | 24.0 mi |
| PROFORM GROUP INC. Muskogee · 170 employees | $82.9M | 25.2 mi |
| K & D MANUFACTURING, LLC Claremore · 4 employees | $2.5M | 26.4 mi |
| KELVION INC. Catoosa | $614.3M | 28.9 mi |
| B.L.M. EQUIPMENT AND MANUFACTURING COMPANY, INC. Catoosa · 20 employees | $12.2M | 30.7 mi |
The full calculation
| Employees reported to the SBA | 97 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $61.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $58.8M |
| Estimate: the two combined (geometric mean) | $68.3M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $7.3M |
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 | $49.5M |
| Multiple for this size and industry | 6.8× |
| Value range | $26.1M – $67.8M |
| Revenue range | $44.9M – $77.9M |
| EBITDA range | $4.8M – $8.3M |
| Industry (NAICS) | Power Boiler and Heat Exchanger Manufacturing (332410) |
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
Leadership
- FRFrank RushSigned for the company · 2025 retirement-plan filing (Form 5500)
Advisors
- BankingRegent Bank, Firstar 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
| Firstar Bank 7(a) 2026 | All 380 borrowers → |
| Regent Bank PPP 2020, PPP 2021 | All 726 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 | $1.2M | 97 |
| 1/21/2021 | second | $1.2M | 85 |
Public records
| Feb 2026 | 7(a) | $1.8M |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Ftdm Investments, LLC
Ftdm Investments, LLC is a power boiler and heat exchanger manufacturing company in Locust Grove, Oklahoma, in business since 2016. Its estimated annual revenue is about $68.3M, with roughly $7.3M of EBITDA. It has about 98 employees. Its estimated business value is $49.5M (likely range $26.1M–$67.8M).
Common questions
- Who owns Ftdm Investments, LLC?
- The owner of Ftdm Investments, LLC 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 Ftdm Investments, LLC make?
- SeeBITDA estimates Ftdm Investments, LLC's annual revenue at about $68.3M (likely between $44.9M and $77.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ftdm Investments, LLC worth?
- About $49.5M, roughly 6.8× its estimated EBITDA of $7.3M, typical for a power boiler and heat exchanger manufacturing company its size. Likely range: $26.1M–$67.8M.
- How many employees does Ftdm Investments, LLC have?
- About 98, from its 2025 retirement-plan filing.
- When was Ftdm Investments, LLC founded?
- Ftdm Investments, LLC has been in business since 2016.