56 Expressway LLC
How we got $1.9M
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
What they do
56 Expressway leases office, medical and salon space in Oklahoma City, including smart suites, executive suites and storage on a short or long term basis.
From the company's website. Industry: Lessors of Nonresidential Buildings (except Miniwarehouses).
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- PAYCOM PAYROLL, LLC · Oklahoma City, 7 mi · $937.4M
- FINLEY AND COOK PLLC · Shawnee, 39 mi · $45.0M
- ALLON TRANSPORTATION SERVICES LL · Okla. City, 5 mi · $39.6M
- PHAN BROTHERS LLC · Oklahoma City, 3 mi · $39.2M
- POLSTON TAX RESOLUTION AND ACCOUNTING, LLC · Norman, 23 mi · $21.7M
- ROBINSON INNOVATIONS (OKLAHOMA), LLC · Oklahoma City, 12 mi · $93.6M
- GL SERVICES, INC. · Edmond, 12 mi · $93.3M
- INDIGENOUS TECHNOLOGIES LLC · Oklahoma City, 4 mi · $84.2M
- PLASTER & WALD CONSULTING CORP · Mustang, 14 mi · $64.5M
- SCHRAAD & ASSOCIATES - SALES / MARKETING. INC. · Oklahoma City, 3 mi · $54.6M
- HEARTS FOR HEARING FOUNDATION · Oklahoma City, 4 mi · $22.1M
- Mercy Therapy Services - Watonga · Watonga, 52 mi · $14.2M
- SOUTEHR PLAINS TREATMENT SERVICES, INC. · Norman, 19 mi · $12.2M
- THERAPY LINK, INC · Norman, 23 mi · $10.1M
- Behavioral Innovations · Yukon, 10 mi · $9.9M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| 56 EXPRESSWAY LLC this business | $2.2M | — |
| Amazon Locker - Convert Oklahoma City | $1.7M | 0.1 mi |
| Extra Space Storage Oklahoma City | $1.7M | 0.3 mi |
| Mayfair Medical Clinic Oklahoma City | $1.5M | 0.3 mi |
| PRECISION REAL ESTATE HOLDINGS LLC Oklahoma City · 1 employees | $584K | 0.3 mi |
| Amazon Locker - Endorsement Oklahoma City | $1.7M | 0.3 mi |
| OBEE'S PROPERTIES, LLC Oklahoma City · 2 employees | $1.3M | 0.3 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.3M |
| Estimate: the two combined (geometric mean) | $2.2M |
| EBITDA margin (industry, adjusted for size) | 29% |
| EBITDA = revenue × margin | $642K |
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 | $1.9M |
| Multiple for this size and industry | 3× |
| Value range | $1.0M – $2.6M |
| Revenue range | $1.5M – $2.5M |
| EBITDA range | $422K – $731K |
| Industry (NAICS) | Lessors of Nonresidential Buildings (except Miniwarehouses) (531120) |
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
History & advisors
Advisors
- BankingBank of America, National AssociationPPP / 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
| Bank of America, National Association PPP 2020 | All 1,034 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $28K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About 56 Expressway LLC
56 Expressway LLC is a lessors of nonresidential buildings (except miniwarehouses) company in Oklahoma City, Oklahoma, in business since 2018. Its estimated annual revenue is about $2.2M, with roughly $642K of EBITDA. It has about 5 employees. Its estimated business value is $1.9M (likely range $1.0M–$2.6M).
Common questions
- Who owns 56 Expressway LLC?
- The owner of 56 Expressway 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 56 Expressway LLC make?
- SeeBITDA estimates 56 Expressway LLC's annual revenue at about $2.2M (likely between $1.5M and $2.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is 56 Expressway LLC worth?
- About $1.9M, roughly 3× its estimated EBITDA of $642K, typical for a lessors of nonresidential buildings (except miniwarehouses) company its size. Likely range: $1.0M–$2.6M.
- How many employees does 56 Expressway LLC have?
- About 5, as reported on its PPP loan.
- When was 56 Expressway LLC founded?
- 56 Expressway LLC has been in business since 2018.