2 & 12 California LLC
How we got $2.0M
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 14% 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
Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 3 | $1.1M |
| 2020 | Form 5500 | 3 | $1.1M |
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 |
|---|---|---|
| 2 & 12 CALIFORNIA LLC this business | $2.3M | — |
| TCM INTERESTS, LLC Oklahoma City · 1 employees | $958K | 0.2 mi |
| LEVY STRANGE BEFFORT LLC Oklahoma City · 18 employees | $12.5M | 0.4 mi |
| RT DEVELOPMENT LLC Oklahoma City · 50 employees | $24.6M | 0.4 mi |
| ECONOMY SQUARE INC. Oklahoma City · 5 employees | $3.6M | 0.4 mi |
| ADVANTAGE PROPERTY GROUP LLC Oklahoma City · 2 employees | $1.0M | 0.4 mi |
| HIGHTOWER PROPERTIES, LLC Oklahoma City · 2 employees | $1.9M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.4M |
| Estimate: the two combined (geometric mean) | $2.3M |
| EBITDA margin (industry, adjusted for size) | 29% |
| EBITDA = revenue × margin | $677K |
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 | $2.0M |
| Multiple for this size and industry | 3× |
| Value range | $1.1M – $2.8M |
| Revenue range | $1.5M – $2.7M |
| EBITDA range | $445K – $771K |
| Industry (NAICS) | Lessors of Nonresidential Buildings (except Miniwarehouses) (531120) |
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
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 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 | $41K | 3 |
About 2 & 12 California LLC
2 & 12 California LLC is a lessors of nonresidential buildings (except miniwarehouses) company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $2.3M, with roughly $677K of EBITDA. It has about 3 employees. Its estimated business value is $2.0M (likely range $1.1M–$2.8M).
Common questions
- Who owns 2 & 12 California LLC?
- The owner of 2 & 12 California 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 2 & 12 California LLC make?
- SeeBITDA estimates 2 & 12 California LLC's annual revenue at about $2.3M (likely between $1.5M and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is 2 & 12 California LLC worth?
- About $2.0M, roughly 3× its estimated EBITDA of $677K, typical for a lessors of nonresidential buildings (except miniwarehouses) company its size. Likely range: $1.1M–$2.8M.
- How many employees does 2 & 12 California LLC have?
- About 3, from its 2020 retirement-plan filing.