Carter Chevrolet Agency, Inc.
How we got $20.4M
Based on its 81 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 14% since 2021Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CARTER CHEVROLET AGENCY, INC. this business | $129.7M | — |
| Gordon Kemp Auto Sales Guthrie | $22.5M | 0.1 mi |
| Fleetwood Motors Guthrie | $22.5M | 0.9 mi |
| W G Auto Collections Guthrie | $22.5M | 0.9 mi |
| COUNTRY FORD MERCURY INC. Guthrie · 37 employees | $52.7M | 1.2 mi |
| Jag12 Auto, Llc Guthrie | $22.5M | 2.9 mi |
| CABT Custom Autos By Tim...The Stretch Truck Company Guthrie | $22.5M | 3.3 mi |
The full calculation
| Employees reported to the SBA | 81 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $103.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $125.1M |
| Estimate: the two combined (geometric mean) | $129.7M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $4.6M |
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 | $20.4M |
| Multiple for this size and industry | 4.4× |
| Value range | $10.7M – $27.9M |
| Revenue range | $85.3M – $147.8M |
| EBITDA range | $3.1M – $5.3M |
| Industry (NAICS) | New Car Dealers (441110) |
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
History & advisors
Advisors
- BankingF & M 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 Roles are as stated there and may be out of date.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
| F & M Bank PPP 2021 | All 379 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/15/2021 | second | $1.1M | 81 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Carter Chevrolet Agency, Inc.
Carter Chevrolet Agency, Inc. is a car dealers company in Guthrie, Oklahoma. It is owned by Lisha Oshman. Its estimated annual revenue is about $129.7M, with roughly $4.6M of EBITDA. It has about 81 employees. Its estimated business value is $20.4M (likely range $10.7M–$27.9M).
Common questions
- Who owns Carter Chevrolet Agency, Inc.?
- Carter Chevrolet Agency, Inc. is owned by Lisha Oshman, according to public sources such as the company's website or filings.
- How much revenue does Carter Chevrolet Agency, Inc. make?
- SeeBITDA estimates Carter Chevrolet Agency, Inc.'s annual revenue at about $129.7M (likely between $85.3M and $147.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Carter Chevrolet Agency, Inc. worth?
- About $20.4M, roughly 4.4× its estimated EBITDA of $4.6M, typical for a car dealers company its size. Likely range: $10.7M–$27.9M.
- How many employees does Carter Chevrolet Agency, Inc. have?
- About 81, as reported on its PPP loan.