American Spirit & Cheer Essentials
How we got $415K
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
▼ 13% 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 |
|---|---|---|
| AMERICAN SPIRIT & CHEER ESSENTIALS this business | $1.3M | — |
| Elite Inflatables Tulsa | $1.1M | 0.3 mi |
| Scissortail Ballroom and Event Center Tulsa | $1.1M | 0.3 mi |
| LUNETA LLC Tulsa · 3 employees | $2.1M | 0.4 mi |
| Sonoco Products Company Tulsa | $1.1M | 0.5 mi |
| HOLLAND TRANSPORTS LLC Tulsa · 1 employees | $523K | 0.5 mi |
| Business Computer Rentals Tulsa | $1.1M | 0.6 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.0M |
| Estimate: the two combined (geometric mean) | $1.3M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $166K |
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 | $415K |
| Multiple for this size and industry | 2.5× |
| Value range | $219K – $568K |
| Revenue range | $841K – $1.5M |
| EBITDA range | $109K – $189K |
| Industry (NAICS) | Convention and Trade Show Organizers (561920) |
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
- BankingRegent 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 Roles are as stated there and may be out of date.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
| Regent Bank PPP 2020, PPP 2021 | All 726 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $24K | 3 |
| 3/24/2021 | second | $26K | 3 |
About American Spirit & Cheer Essentials
American Spirit & Cheer Essentials is a convention and trade show organizers company in Tulsa, Oklahoma. Its estimated annual revenue is about $1.3M, with roughly $166K of EBITDA. It has about 3 employees. Its estimated business value is $415K (likely range $219K–$568K).
Common questions
- Who owns American Spirit & Cheer Essentials?
- The owner of American Spirit & Cheer Essentials 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 Spirit & Cheer Essentials make?
- SeeBITDA estimates American Spirit & Cheer Essentials's annual revenue at about $1.3M (likely between $841K and $1.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is American Spirit & Cheer Essentials worth?
- About $415K, roughly 2.5× its estimated EBITDA of $166K, typical for a convention and trade show organizers company its size. Likely range: $219K–$568K.
- How many employees does American Spirit & Cheer Essentials have?
- About 3, as reported on its PPP loan.