Mj & H Fabrication, Inc.
How we got $24.7M
Based on its 63 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▼ 13% 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MJ & H FABRICATION, INC. this business | $40.0M | — |
| M J & H FABRICATION INC. Ponca City · 63 employees | $40.0M | 2.6 mi |
| SKINNER TANK COMPANY Yale · 55 employees | $25.5M | 47.4 mi |
| DAVCO FAB, INC. Jennings · 18 employees | $9.0M | 48.0 mi |
| TROXCO LLC Terlton · 7 employees | $3.7M | 55.7 mi |
| ADVANCE BOILER REPAIR & SERVICE, INC. Mannford · 12 employees | $6.8M | 57.9 mi |
The full calculation
| Employees reported to the SBA | 63 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $26.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $45.7M |
| Estimate: the two combined (geometric mean) | $40.0M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $4.3M |
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 | $24.7M |
| Multiple for this size and industry | 5.8× |
| Value range | $13.0M – $33.8M |
| Revenue range | $26.3M – $45.6M |
| EBITDA range | $2.8M – $4.9M |
| Industry (NAICS) | Metal Tank (Heavy Gauge) Manufacturing (332420) |
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
- BankingEquity 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 Roles are as stated there and may be out of date.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
| Equity Bank PPP 2020 | All 375 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $1.3M | 63 |
About Mj & H Fabrication, Inc.
Mj & H Fabrication, Inc. is a metal tank (heavy gauge) manufacturing company in Ponca City, Oklahoma. Its estimated annual revenue is about $40.0M, with roughly $4.3M of EBITDA. It has about 63 employees. Its estimated business value is $24.7M (likely range $13.0M–$33.8M).
Common questions
- Who owns Mj & H Fabrication, Inc.?
- The owner of Mj & H Fabrication, 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 Mj & H Fabrication, Inc. make?
- SeeBITDA estimates Mj & H Fabrication, Inc.'s annual revenue at about $40.0M (likely between $26.3M and $45.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mj & H Fabrication, Inc. worth?
- About $24.7M, roughly 5.8× its estimated EBITDA of $4.3M, typical for a metal tank (heavy gauge) manufacturing company its size. Likely range: $13.0M–$33.8M.
- How many employees does Mj & H Fabrication, Inc. have?
- About 63, as reported on its PPP loan.