Velma Engines Sales & Supply Corp
How we got $928K
Based on 2 employees reported for PPP in 2021, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▼ 17% since 2021Today'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 |
|---|---|---|
| VELMA ENGINES SALES & SUPPLY CORP this business | $1.9M | — |
| VELMA ENGINE SALES & SERVICE CORP Velma · 2 employees | $1.9M | 0.3 mi |
| RIFLE TOOL COMPANY Ratliff City · 19 employees | $13.2M | 8.5 mi |
| PERKINS CONTRACT PUMPING LLC Ratliff City · 1 employees | $820K | 8.8 mi |
| D & S OIL TOOLS INC Ratliff City · 10 employees | $6.7M | 9.3 mi |
| HOGGARD'S WELDING AND BACKHOE SERVICE, INC. Ratliff City · 8 employees | $3.5M | 10.1 mi |
| THOMAS OIL TOOLS, LLC Duncan · 7 employees | $6.6M | 11.5 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Industry revenue per employee | $703K |
| Revenue = employees × revenue per employee | $1.9M |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $290K |
| Cross-check: revenue implied by PPP payroll | $405K |
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 | $928K |
| Multiple for this size and industry | 3.2× |
| Value range | $439K – $1.3M |
| Revenue range | $1.1M – $2.2M |
| EBITDA range | $172K – $343K |
| Industry (NAICS) | Other Engine Equipment Manufacturing (333618) |
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. 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
- BankingFirst National Bank and Trust Company of ArdmorePPP / 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 Roles are as stated there and may be out of date.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
| First National Bank and Trust Company of Ardmore PPP 2021 | All 457 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/17/2021 | second | $8K | 2 |
About Velma Engines Sales & Supply Corp
Velma Engines Sales & Supply Corp is an other engine equipment manufacturing company in Velma, Oklahoma. Its estimated annual revenue is about $1.9M, with roughly $290K of EBITDA. It has about 2 employees. Its estimated business value is $928K (likely range $439K–$1.3M).
Common questions
- Who owns Velma Engines Sales & Supply Corp?
- The owner of Velma Engines Sales & Supply Corp 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 Velma Engines Sales & Supply Corp make?
- SeeBITDA estimates Velma Engines Sales & Supply Corp's annual revenue at about $1.9M (likely between $1.1M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Velma Engines Sales & Supply Corp worth?
- About $928K, roughly 3.2× its estimated EBITDA of $290K, typical for a other engine equipment manufacturing company its size. Likely range: $439K–$1.3M.
- How many employees does Velma Engines Sales & Supply Corp have?
- About 2, as reported on its PPP loan.