Walters Irrigation Inc
How we got $1.2M
Based on its 7 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 20 years (since 2006)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 19% 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 |
|---|---|---|
| WALTERS IRRIGATION INC this business | $3.0M | — |
| ELITE IRRIGATION & DRILLING, INC. Turpin · 6 employees | $2.5M | 0.1 mi |
| ADVANCED WATER SOLUTIONS, LLC Guymon · 7 employees | $2.1M | 34.9 mi |
| DO IT RIGHT IRRIGATION LLC Laverne · 1 employees | $282K | 49.1 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.9M |
| Estimate: the two combined (geometric mean) | $3.0M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $395K |
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 | $1.2M |
| Multiple for this size and industry | 3× |
| Value range | $623K – $1.6M |
| Revenue range | $2.0M – $3.4M |
| EBITDA range | $260K – $450K |
| Industry (NAICS) | Water Supply and Irrigation Systems (221310) |
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
- 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 Roles are as stated there and may be out of date.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 2021 | All 375 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/20/2021 | second | $113K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Walters Irrigation Inc
Walters Irrigation Inc is a water supply and irrigation systems company in Turpin, Oklahoma, in business since 2006. Its estimated annual revenue is about $3.0M, with roughly $395K of EBITDA. It has about 7 employees. Its estimated business value is $1.2M (likely range $623K–$1.6M).
Common questions
- Who owns Walters Irrigation Inc?
- The owner of Walters Irrigation 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 Walters Irrigation Inc make?
- SeeBITDA estimates Walters Irrigation Inc's annual revenue at about $3.0M (likely between $2.0M and $3.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Walters Irrigation Inc worth?
- About $1.2M, roughly 3× its estimated EBITDA of $395K, typical for a water supply and irrigation systems company its size. Likely range: $623K–$1.6M.
- How many employees does Walters Irrigation Inc have?
- About 7, as reported on its PPP loan.
- When was Walters Irrigation Inc founded?
- Walters Irrigation Inc has been in business since 2006.