Cart Inc.
How we got $1.0M
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 50% 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 |
|---|---|---|
| CART INC. this business | $4.2M | — |
| ELGIN DOOR & PLYWOOD, INC. Elgin · 10 employees | $10.3M | 28.1 mi |
| WESTERN PLAINS BUILDING SUPPLY, INC Weatherford · 8 employees | $9.4M | 29.7 mi |
| COMMANCHE LUMBER COMPANY, INC. Lawton · 58 employees | $60.3M | 36.4 mi |
| MADDEN BUILDING OF OKLAHOMA, L.L.C. Lawton · 2 employees | $1.8M | 37.3 mi |
| COMANCHE LUMBER CO. INC. Lawton | $37.9M | 41.1 mi |
| YUKON DOOR & PLYWOOD, INC. Yukon · 29 employees | $34.3M | 53.7 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.2M |
| 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 | $1.0M |
| Multiple for this size and industry | 2.9× |
| Value range | $530K – $1.4M |
| Revenue range | $2.7M – $4.7M |
| EBITDA range | $228K – $396K |
| Industry (NAICS) | Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers (423310) |
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
- BankingBank of Western OklahomaPPP / 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 Roles are as stated there and may be out of date.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 Western Oklahoma PPP 2020 | All 200 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/5/2020 | first | $20K | 2 |
About Cart Inc.
Cart Inc. is a lumber, plywood, millwork, and wood panel merchant wholesalers company in Carnegie, Oklahoma. Its estimated annual revenue is about $4.2M, with roughly $347K of EBITDA. It has about 2 employees. Its estimated business value is $1.0M (likely range $530K–$1.4M).
Common questions
- Who owns Cart Inc.?
- The owner of Cart 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 Cart Inc. make?
- SeeBITDA estimates Cart Inc.'s annual revenue at about $4.2M (likely between $2.7M and $4.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cart Inc. worth?
- About $1.0M, roughly 2.9× its estimated EBITDA of $347K, typical for a lumber, plywood, millwork, and wood panel merchant wholesalers company its size. Likely range: $530K–$1.4M.
- How many employees does Cart Inc. have?
- About 2, as reported on its PPP loan.