Brothers Commercial Carpet, Inc.
How we got $356K
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 27% 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
▼ 50% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 8 | $520K |
| 2021 | Form 5500 | 6 | $390K |
| 2022 | Form 5500 | 5 | $325K |
| 2023 | Form 5500 | 4 | $260K |
| 2024 | Form 5500 | 4 | $260K |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BROTHERS COMMERCIAL CARPET, INC. this business | $1.1M | — |
| FIRST MAINTENANCE COMPANY Oklahoma City · 200 employees | $19.8M | 0.1 mi |
| AERO CLEANING INC. Oklahoma City · 9 employees | $1.2M | 0.4 mi |
| Coverall Of Oklahoma Oklahoma City | $935K | 0.5 mi |
| Safeair Duct Solutions Oklahoma City | $935K | 0.6 mi |
| Beyond Cleaning Oklahoma City | $935K | 0.7 mi |
| JACS Just in Time Oklahoma City | $935K | 0.7 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $907K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.1M |
| Estimate: the two combined (geometric mean) | $1.1M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $148K |
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 | $356K |
| Multiple for this size and industry | 2.4× |
| Value range | $188K – $488K |
| Revenue range | $752K – $1.3M |
| EBITDA range | $98K – $169K |
| Industry (NAICS) | Carpet and Upholstery Cleaning Services (561740) |
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
- BankingFirst United Bank and Trust CompanyPPP / 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
| First United Bank and Trust Company PPP 2020, PPP 2021 | All 2,229 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 | $57K | 8 |
| 4/14/2021 | second | $55K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Brothers Commercial Carpet, Inc.
Brothers Commercial Carpet, Inc. is a carpet & upholstery cleaning company in Oklahoma City, Oklahoma, in business since 2014. It is owned by Robert ‘Bob’ Singhisen (Founder). Its estimated annual revenue is about $1.1M, with roughly $148K of EBITDA. It has about 4 employees. Its estimated business value is $356K (likely range $188K–$488K).
Common questions
- Who owns Brothers Commercial Carpet, Inc.?
- Brothers Commercial Carpet, Inc. is owned by Robert ‘Bob’ Singhisen (Founder), according to public sources such as the company's website or filings.
- How much revenue does Brothers Commercial Carpet, Inc. make?
- SeeBITDA estimates Brothers Commercial Carpet, Inc.'s annual revenue at about $1.1M (likely between $752K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Brothers Commercial Carpet, Inc. worth?
- About $356K, roughly 2.4× its estimated EBITDA of $148K, typical for a carpet & upholstery cleaning company its size. Likely range: $188K–$488K.
- How many employees does Brothers Commercial Carpet, Inc. have?
- About 4, from its 2024 retirement-plan filing.
- When was Brothers Commercial Carpet, Inc. founded?
- Brothers Commercial Carpet, Inc. has been in business since 2014.