Carothers Enterprises LLC
How we got $3.5M
Based on 8 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 32% 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 |
|---|---|---|
| CAROTHERS ENTERPRISES LLC this business | $10.0M | — |
| DAKE MILLER GROUP, LLC Lawton · 9 employees | $4.4M | 21.0 mi |
| DALE MILLER GROUP LLC Lawton · 22 employees | $16.3M | 21.3 mi |
| RICO HOLDINGS, LLC Chickasha | $70.4M | 55.9 mi |
| JANNING WELDING AND SUPPLY, LLC Elk City · 12 employees | $9.2M | 65.2 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Industry revenue per employee | $1.2M |
| Revenue = employees × revenue per employee | $10.0M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $891K |
| Cross-check: revenue implied by PPP payroll | $2.8M |
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 | $3.5M |
| Multiple for this size and industry | 3.9× |
| Value range | $1.6M – $4.9M |
| Revenue range | $5.9M – $11.9M |
| EBITDA range | $527K – $1.1M |
| Industry (NAICS) | Rolled Steel Shape Manufacturing (331221) |
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
- 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 Roles are as stated there and may be out of date.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 | $30K | 8 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Carothers Enterprises LLC
Carothers Enterprises LLC is a rolled steel shape manufacturing company in Indiahoma, Oklahoma. Its estimated annual revenue is about $10.0M, with roughly $891K of EBITDA. It has about 8 employees. Its estimated business value is $3.5M (likely range $1.6M–$4.9M).
Common questions
- Who owns Carothers Enterprises LLC?
- The owner of Carothers Enterprises LLC 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 Carothers Enterprises LLC make?
- SeeBITDA estimates Carothers Enterprises LLC's annual revenue at about $10.0M (likely between $5.9M and $11.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Carothers Enterprises LLC worth?
- About $3.5M, roughly 3.9× its estimated EBITDA of $891K, typical for a rolled steel shape manufacturing company its size. Likely range: $1.6M–$4.9M.
- How many employees does Carothers Enterprises LLC have?
- About 8, as reported on its PPP loan.