Weibee Steel LLC
How we got $16.5M
Based on its 25 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 32% 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 |
|---|---|---|
| WEIBEE STEEL LLC this business | $34.4M | — |
| SOUTHWESTERN WIRE INC Norman · 258 employees | $312.4M | 5.0 mi |
| BBM STEEL BUILDINGS INC Oklahoma City · 21 employees | $28.4M | 11.5 mi |
| D&D DESIGN & MANUFACTURING, INC Oklahoma City · 6 employees | $3.7M | 17.6 mi |
| NECO INDUSTRIES INC Oklahoma City · 23 employees | $33.5M | 17.8 mi |
| BIGFOOT PIPE & PILING LLC Oklahoma City · 7 employees | $5.0M | 21.4 mi |
| SHIELDS PIPE CORPORATION Edmond · 2 employees | $2.7M | 29.0 mi |
The full calculation
| Employees reported to the SBA | 25 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $32.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $27.8M |
| Estimate: the two combined (geometric mean) | $34.4M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $2.8M |
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 | $16.5M |
| Multiple for this size and industry | 5.8× |
| Value range | $8.7M – $22.5M |
| Revenue range | $22.6M – $39.2M |
| EBITDA range | $1.9M – $3.2M |
| Industry (NAICS) | Rolled Steel Shape Manufacturing (331221) |
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
- BankingFirst United Bank and Trust Company, Chickasaw Community 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 Roles are as stated there and may be out of date.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
| Chickasaw Community Bank PPP 2021 | All 317 borrowers → |
| First United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $258K | 23 |
| 1/20/2021 | second | $263K | 25 |
About Weibee Steel LLC
Weibee Steel LLC is a rolled steel shape manufacturing company in Norman, Oklahoma. Its estimated annual revenue is about $34.4M, with roughly $2.8M of EBITDA. It has about 25 employees. Its estimated business value is $16.5M (likely range $8.7M–$22.5M).
Common questions
- Who owns Weibee Steel LLC?
- The owner of Weibee Steel 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 Weibee Steel LLC make?
- SeeBITDA estimates Weibee Steel LLC's annual revenue at about $34.4M (likely between $22.6M and $39.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Weibee Steel LLC worth?
- About $16.5M, roughly 5.8× its estimated EBITDA of $2.8M, typical for a rolled steel shape manufacturing company its size. Likely range: $8.7M–$22.5M.
- How many employees does Weibee Steel LLC have?
- About 25, as reported on its PPP loan.