Sooner State Steel Erectors
How we got $231K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 47% 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 |
|---|---|---|
| SOONER STATE STEEL ERECTORS this business | $480K | — |
| SUPERIOR STEEL BUILDING MFG, LLC Eufaula · 5 employees | $2.9M | 18.7 mi |
| SUPERIOR STEEL BUILDINGS MFG LLC Eufaula · 5 employees | $2.9M | 18.7 mi |
| GATES METALS INCORPORATED Gore · 5 employees | $2.7M | 19.2 mi |
| CUSTOM SEATING, INC. Muskogee · 73 employees | $34.6M | 26.4 mi |
| EASTPOINTE INDUSTRIES, LLC Muskogee · 75 employees | $31.5M | 26.5 mi |
| MUSKOGEE METAL FABRICATORS INC Muskogee · 5 employees | $1.7M | 29.0 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $600K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $295K |
| Estimate: the two combined (geometric mean) | $480K |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $89K |
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 | $231K |
| Multiple for this size and industry | 2.6× |
| Value range | $121K – $316K |
| Revenue range | $316K – $547K |
| EBITDA range | $58K – $101K |
| Industry (NAICS) | Fabricated Structural Metal Manufacturing (332312) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
Advisors
- BankingFirstar 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 Roles are as stated there and may be out of date.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 PPP 2020 | All 380 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 6/1/2020 | first | $5K | 1 |
About Sooner State Steel Erectors
Sooner State Steel Erectors is a fabricated structural metal manufacturing company in Porum, Oklahoma. Its estimated annual revenue is about $480K, with roughly $89K of EBITDA. It has about 1 employees. Its estimated business value is $231K (likely range $121K–$316K).
Common questions
- Who owns Sooner State Steel Erectors?
- The owner of Sooner State Steel Erectors 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 Sooner State Steel Erectors make?
- SeeBITDA estimates Sooner State Steel Erectors's annual revenue at about $480K (likely between $316K and $547K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sooner State Steel Erectors worth?
- About $231K, roughly 2.6× its estimated EBITDA of $89K, typical for a fabricated structural metal manufacturing company its size. Likely range: $121K–$316K.
- How many employees does Sooner State Steel Erectors have?
- About 1, as reported on its PPP loan.