American Covers LLC
How we got $235K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 38% 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| AMERICAN COVERS LLC this business | $583K | — |
| WRIGHT'S MARINE SERVICE, LLC Grove · 3 employees | $736K | 5.0 mi |
| ELITE APPLIANCE LLC Grove · 3 employees | $652K | 5.3 mi |
| MJ MOBILE MOWER REPAIR MORE LLC Wyandotte · 2 employees | $610K | 9.6 mi |
| Howard Classic Boats Vinita | $45.0M | 15.7 mi |
| CLAREMORE APPLIANCE REPAIR LLC Claremore · 2 employees | $500K | 40.1 mi |
| HAYES AIR CONDITIONING & HEATING INC Nowata · 5 employees | $1.3M | 45.4 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $622K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $420K |
| Estimate: the two combined (geometric mean) | $583K |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $94K |
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 | $235K |
| Multiple for this size and industry | 2.5× |
| Value range | $124K – $322K |
| Revenue range | $383K – $664K |
| EBITDA range | $62K – $107K |
| Industry (NAICS) | Other Personal and Household Goods Repair and Maintenance (811490) |
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
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/20/2020 | first | $12K | 3 |
About American Covers LLC
American Covers LLC is an other personal and household goods repair and maintenance company in Grove, Oklahoma. Its estimated annual revenue is about $583K, with roughly $94K of EBITDA. It has about 3 employees. Its estimated business value is $235K (likely range $124K–$322K).
Common questions
- Who owns American Covers LLC?
- The owner of American Covers 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 American Covers LLC make?
- SeeBITDA estimates American Covers LLC's annual revenue at about $583K (likely between $383K and $664K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is American Covers LLC worth?
- About $235K, roughly 2.5× its estimated EBITDA of $94K, typical for a other personal and household goods repair and maintenance company its size. Likely range: $124K–$322K.
- How many employees does American Covers LLC have?
- About 3, as reported on its PPP loan.