C & L Audio Inc.
How we got $833K
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 17% 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 |
|---|---|---|
| C & L AUDIO INC. this business | $4.2M | — |
| SAS FRAGRANCES INC Tulsa · 4 employees | $2.9M | 0.2 mi |
| HIGH GRAVITY HOME BREWING SUPL Tulsa · 4 employees | $3.0M | 0.2 mi |
| ULTIMATE REEFS INC Tulsa · 2 employees | $1.1M | 0.8 mi |
| LU'S TAILORS COMPANY Tulsa · 2 employees | $970K | 0.8 mi |
| FOGUE AND BATES TOBACCONIST, INC Tulsa · 7 employees | $2.9M | 0.8 mi |
| LKM ENTERPRISES INC Tulsa · 4 employees | $2.2M | 1.0 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.7M |
| Estimate: the two combined (geometric mean) | $4.2M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $347K |
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 | $833K |
| Multiple for this size and industry | 2.4× |
| Value range | $438K – $1.1M |
| Revenue range | $2.8M – $4.8M |
| EBITDA range | $228K – $396K |
| Industry (NAICS) | Retail Trade (453998) |
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: approximate sector default. 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
- BankingBank of America, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| Bank of America, National Association PPP 2020, PPP 2021 | All 1,034 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/30/2020 | first | $70K | 7 |
| 1/27/2021 | second | $70K | 7 |
About C & L Audio Inc.
C & L Audio Inc. is a retail trade company in Tulsa, Oklahoma. Its estimated annual revenue is about $4.2M, with roughly $347K of EBITDA. It has about 7 employees. Its estimated business value is $833K (likely range $438K–$1.1M).
Common questions
- Who owns C & L Audio Inc.?
- The owner of C & L Audio 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 C & L Audio Inc. make?
- SeeBITDA estimates C & L Audio Inc.'s annual revenue at about $4.2M (likely between $2.8M and $4.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is C & L Audio Inc. worth?
- About $833K, roughly 2.4× its estimated EBITDA of $347K, typical for a retail trade company its size. Likely range: $438K–$1.1M.
- How many employees does C & L Audio Inc. have?
- About 7, as reported on its PPP loan.