1st Choice of Tulsa, Inc
How we got $1.0M
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 21 years (since 2005)
From public records and the company's website, not a statement that it's for sale.
What they do
1st Choice Lawn Care is a locally owned and operated Oklahoma lawn and turf care business headquartered in Catoosa, OK, serving home and business owners in Mayes County.
From the company's website. Industry: Lawn and Garden Tractor and Home Lawn and Garden Equipment Manufacturing.
Estimated value over time
▼ 12% 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.
Employees over time
▲ 40% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 5 | $2.6M |
| 2020 | Form 5500 | 5 | $2.6M |
| 2021 | Form 5500 | 7 | $3.7M |
| 2022 | Form 5500 | 7 | $3.7M |
| 2023 | Form 5500 | 2 | $1.0M |
| 2024 | Form 5500 | 7 | $3.7M |
| 2025 | Form 5500 | 7 | $3.7M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| 1ST CHOICE OF TULSA, INC this business | $2.3M | — |
| FAMMCO MFG. CO., INC. Tulsa · 22 employees | $17.2M | 1.8 mi |
| DESIGN & MFG INC Tulsa · 2 employees | $1.2M | 2.1 mi |
| DIECO MANUFACTURING INC Tulsa · 38 employees | $30.2M | 2.9 mi |
| TULSA NEW HOLLAND, INC. Tulsa · 26 employees | $15.9M | 5.2 mi |
| BORETS U.S., INC. Tulsa · 187 employees | $162.5M | 5.7 mi |
| BROWNCO MANUFACTURING AND SALES LLC Tulsa · 13 employees | $8.0M | 6.1 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.7M |
| Estimate: the two combined (geometric mean) | $2.3M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $314K |
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 | $1.0M |
| Multiple for this size and industry | 3.2× |
| Value range | $529K – $1.4M |
| Revenue range | $1.5M – $2.6M |
| EBITDA range | $207K – $358K |
| Industry (NAICS) | Lawn and Garden Tractor and Home Lawn and Garden Equipment Manufacturing (333112) |
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
- BankingWeStreet FCU, RCB 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
| RCB Bank PPP 2021 | All 1,690 borrowers → |
| WeStreet FCU PPP 2020 | All 179 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $34K | 5 |
| 2/24/2021 | second | $26K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About 1st Choice of Tulsa, Inc
1st Choice of Tulsa, Inc is a lawn and garden tractor and home lawn and garden equipment manufacturing company in Catoosa, Oklahoma, in business since 2005. Its estimated annual revenue is about $2.3M, with roughly $314K of EBITDA. It has about 7 employees. Its estimated business value is $1.0M (likely range $529K–$1.4M).
Common questions
- Who owns 1st Choice of Tulsa, Inc?
- The owner of 1st Choice of Tulsa, 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 1st Choice of Tulsa, Inc make?
- SeeBITDA estimates 1st Choice of Tulsa, Inc's annual revenue at about $2.3M (likely between $1.5M and $2.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is 1st Choice of Tulsa, Inc worth?
- About $1.0M, roughly 3.2× its estimated EBITDA of $314K, typical for a lawn and garden tractor and home lawn and garden equipment manufacturing company its size. Likely range: $529K–$1.4M.
- How many employees does 1st Choice of Tulsa, Inc have?
- About 7, from its 2025 retirement-plan filing.
- When was 1st Choice of Tulsa, Inc founded?
- 1st Choice of Tulsa, Inc has been in business since 2005.