Carter Paint Company
How we got $481K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 1% 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 |
|---|---|---|
| CARTER PAINT COMPANY this business | $1.8M | — |
| B'S QUALITY DOOR INC Enid · 6 employees | $2.3M | 3.7 mi |
| INDEPENDENT OIL TOOLS LLC Kremlin · 1 employees | $917K | 8.7 mi |
| GARRISON LUMBER Hennessey · 5 employees | $2.6M | 21.6 mi |
| BOEHS BUILDING SUPPLY, LLC Helena · 11 employees | $5.7M | 23.5 mi |
| KADY INC Perry · 8 employees | $4.0M | 33.8 mi |
| SIMPLY HOME LLC Perry · 1 employees | $491K | 34.0 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.3M |
| Estimate: the two combined (geometric mean) | $1.8M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $240K |
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 | $481K |
| Multiple for this size and industry | 2× |
| Value range | $253K – $658K |
| Revenue range | $1.2M – $2.1M |
| EBITDA range | $158K – $274K |
| Industry (NAICS) | Paint and Wallpaper Retailers (444120) |
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
- BankingStride Bank, 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 Roles are as stated there and may be out of date.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
| Stride Bank, National Association PPP 2020, PPP 2021 | All 504 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $24K | 5 |
| 1/27/2021 | second | $25K | 3 |
About Carter Paint Company
Carter Paint Company is a paint and wallpaper retailers company in Enid, Oklahoma. Its estimated annual revenue is about $1.8M, with roughly $240K of EBITDA. It has about 5 employees. Its estimated business value is $481K (likely range $253K–$658K).
Common questions
- Who owns Carter Paint Company?
- The owner of Carter Paint Company 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 Carter Paint Company make?
- SeeBITDA estimates Carter Paint Company's annual revenue at about $1.8M (likely between $1.2M and $2.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Carter Paint Company worth?
- About $481K, roughly 2× its estimated EBITDA of $240K, typical for a paint and wallpaper retailers company its size. Likely range: $253K–$658K.
- How many employees does Carter Paint Company have?
- About 5, as reported on its PPP loan.