Awnings of Tulsa, Inc
How we got $462K
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 39 years (since 1987)
From public records and the company's website, not a statement that it's for sale.
What they do
Awnings of Tulsa, Inc. makes custom awnings for residential and commercial properties in Tulsa, OK, manufactured at its facility in Tulsa. It has produced over 23,000 awnings since 1987.
From the company's website. Industry: Textile Bag and Canvas Mills.
Customers & suppliers
Customers
- Harwelden Mansion · named on its website
- Emco Termite & Pest Control of Tulsa, Inc · named on its website
- Tulsa Zoo · named on its website
- Crowne Plaza Hotel · named on its website
- Marshall Brewing Company · named on its website
Suppliers & brands
- Sunbrella · brand it sells or installs
- Tempotest · brand it sells or installs
- Para Industrial Group · brand it sells or installs
- Ferrari 502 · brand it sells or installs
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 |
|---|---|---|
| AWNINGS OF TULSA, INC this business | $2.1M | — |
| A AND B ENGRAVING, INC Tulsa · 11 employees | $2.9M | 0.6 mi |
| ACTION SPRING CO INC Tulsa · 24 employees | $12.2M | 2.8 mi |
| OKLAHOMA CUSTOM CANVAS PRODUCTS, INC. Tulsa · 11 employees | $2.5M | 6.5 mi |
| INSUL VEST INC Tulsa · 4 employees | $873K | 6.9 mi |
| CITY AWNING CO LLC Tulsa, · 4 employees | $628K | 9.2 mi |
| BINXY BABY LLC Tulsa · 4 employees | $1.0M | 10.0 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.0M |
| Estimate: the two combined (geometric mean) | $2.1M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $185K |
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 | $462K |
| Multiple for this size and industry | 2.5× |
| Value range | $243K – $633K |
| Revenue range | $1.4M – $2.4M |
| EBITDA range | $122K – $211K |
| Industry (NAICS) | Textile Bag and Canvas Mills (314910) |
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
“Awnings of Tulsa, Inc began in 1987 and over the years we have made well over 15,000 awnings and exterior shades – each one custom made for a specific purpose.”
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 |
|---|---|---|---|
| 4/7/2020 | first | $88K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Awnings of Tulsa, Inc
Awnings of Tulsa, Inc is a textile bag and canvas mills company in Tulsa, Oklahoma, in business since 1987. Its estimated annual revenue is about $2.1M, with roughly $185K of EBITDA. It has about 10 employees. Its estimated business value is $462K (likely range $243K–$633K).
Common questions
- Who owns Awnings of Tulsa, Inc?
- The owner of Awnings of Tulsa, 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 Awnings of Tulsa, Inc make?
- SeeBITDA estimates Awnings of Tulsa, Inc's annual revenue at about $2.1M (likely between $1.4M and $2.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Awnings of Tulsa, Inc worth?
- About $462K, roughly 2.5× its estimated EBITDA of $185K, typical for a textile bag and canvas mills company its size. Likely range: $243K–$633K.
- How many employees does Awnings of Tulsa, Inc have?
- About 10, as reported on its PPP loan.
- When was Awnings of Tulsa, Inc founded?
- Awnings of Tulsa, Inc has been in business since 1987.