Anthem Vault, Inc.
How we got $18.9M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 24% 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 |
|---|---|---|
| ANTHEM VAULT, INC. this business | $53.2M | — |
| OPS SALES COMPANY Dewey · 188 employees | $240.8M | 4.7 mi |
| STEEL SERVICE COMPANY, INC Claremore · 25 employees | $37.2M | 37.9 mi |
| INTERSTATE STEEL & METALS, INC Tulsa · 41 employees | $71.0M | 39.0 mi |
| GREAT PLAINS STAINLESS CO. Tulsa · 9 employees | $22.7M | 40.8 mi |
| STRESSCON, INC Tulsa · 31 employees | $55.6M | 41.7 mi |
| MANUFACTURING & PACKAGING INNOVATIONS, LLC Tulsa · 2 employees | $4.3M | 41.9 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $75.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $28.7M |
| Estimate: the two combined (geometric mean) | $53.2M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $3.6M |
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 | $18.9M |
| Multiple for this size and industry | 5.2× |
| Value range | $10.0M – $25.9M |
| Revenue range | $35.0M – $60.7M |
| EBITDA range | $2.4M – $4.2M |
| Industry (NAICS) | Coal and Other Mineral and Ore Merchant Wholesalers (423520) |
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. 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
- BankingTruity FCUPPP / 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 Roles are as stated there and may be out of date.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
| Truity FCU PPP 2020 | All 58 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $65K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Anthem Vault, Inc.
Anthem Vault, Inc. is a coal and other mineral and ore merchant wholesalers company in Bartlesville, Oklahoma, in business since 2012. It is owned by Anthem Blanchard (CEO). Its estimated annual revenue is about $53.2M, with roughly $3.6M of EBITDA. It has about 9 employees. Its estimated business value is $18.9M (likely range $10.0M–$25.9M).
Common questions
- Who owns Anthem Vault, Inc.?
- Anthem Vault, Inc. is owned by Anthem Blanchard (CEO), according to public sources such as the company's website or filings.
- How much revenue does Anthem Vault, Inc. make?
- SeeBITDA estimates Anthem Vault, Inc.'s annual revenue at about $53.2M (likely between $35.0M and $60.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Anthem Vault, Inc. worth?
- About $18.9M, roughly 5.2× its estimated EBITDA of $3.6M, typical for a coal and other mineral and ore merchant wholesalers company its size. Likely range: $10.0M–$25.9M.
- How many employees does Anthem Vault, Inc. have?
- About 9, as reported on its PPP loan.
- When was Anthem Vault, Inc. founded?
- Anthem Vault, Inc. has been in business since 2012.