Anchor Paint Mfg. Co. Inc
- Charlotte ClappSigns company filings · Form 5500 (2025)
How we got $25.4M
Based on its 60 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.
Employees over time
▼ 72% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 60 | $46.5M |
| 2020 | Form 5500 | 48 | $37.2M |
| 2021 | Form 5500 | 50 | $38.8M |
| 2022 | Form 5500 | 40 | $31.0M |
| 2023 | Form 5500 | 35 | $27.2M |
| 2024 | Form 5500 | 17 | $13.2M |
| 2025 | Form 5500 | 17 | $13.2M |
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.
What we know
Signs of a sale Unlikely to sell soon
- In business 40 years (since 1986)
- Headcount down 66% since 2021 (retirement plan filings)
- Investment from Spectrum Paint
From public records and the company's website, not a statement that it's for sale.
Ownership & transactions
- Minority investment from Spectrum PaintSpectrum Paint entered into an agreement to become a minority investor in Anchor Paint MFG. Co., according to a press release reported in result 1.Source
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ANCHOR PAINT MFG. CO. INC this business | $43.7M | — |
| TULSA POWDER COATING, INC Tulsa · 10 employees | $5.7M | 2.6 mi |
| RESOLUTION POLYMERS LLC Tulsa | $1.6M | 4.4 mi |
| RED DEVIL, INCORPORATED Tulsa · 93 employees | $84.2M | 4.8 mi |
| EATON INDUSTRIAL COATING, LLC Tulsa · 15 employees | $9.8M | 5.9 mi |
| QUALITY STEEL COATINGS CORP. Tulsa · 12 employees | $11.9M | 6.3 mi |
| Rust-Oleum Concrete Protections Systems Tulsa | $2.0M | 6.4 mi |
The full calculation
| Employees reported to the SBA | 60 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $40.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $36.5M |
| Estimate: the two combined (geometric mean) | $43.7M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $4.6M |
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 | $25.4M |
| Multiple for this size and industry | 5.5× |
| Value range | $13.4M – $34.8M |
| Revenue range | $28.7M – $49.8M |
| EBITDA range | $3.0M – $5.3M |
| Industry (NAICS) | Paint and Coating Manufacturing (325510) |
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
- 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 | $662K | 60 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Anchor Paint Mfg. Co. Inc
Anchor Paint Mfg. Co. Inc is a paint and coating manufacturing company in Tulsa, Oklahoma, in business since 1986. Its estimated annual revenue is about $43.7M, with roughly $4.6M of EBITDA. It has about 17 employees. Its estimated business value is $25.4M (likely range $13.4M–$34.8M).
Common questions
- Who owns Anchor Paint Mfg. Co. Inc?
- The owner of Anchor Paint Mfg. Co. 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 Anchor Paint Mfg. Co. Inc make?
- SeeBITDA estimates Anchor Paint Mfg. Co. Inc's annual revenue at about $43.7M (likely between $28.7M and $49.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Anchor Paint Mfg. Co. Inc worth?
- About $25.4M, roughly 5.5× its estimated EBITDA of $4.6M, typical for a paint and coating manufacturing company its size. Likely range: $13.4M–$34.8M.
- How many employees does Anchor Paint Mfg. Co. Inc have?
- About 17, from its 2025 retirement-plan filing.
- When was Anchor Paint Mfg. Co. Inc founded?
- Anchor Paint Mfg. Co. Inc has been in business since 1986.