Cass Holdings, LLC
How we got $2.4M
Based on its 21 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 24% 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.
Employees over time
▼ 14% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 21 | $4.4M |
| 2020 | Form 5500 | 22 | $4.6M |
| 2021 | Form 5500 | 20 | $4.2M |
| 2022 | Form 5500 | 20 | $4.2M |
| 2023 | Form 5500 | 18 | $3.8M |
| 2024 | Form 5500 | 18 | $3.8M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CASS HOLDINGS, LLC this business | $4.8M | — |
| INK AND ETCH LLC Edmond · 1 employees | $280K | 4.1 mi |
| Powder Rangers Powder Coating Edmond | $3.1M | 4.3 mi |
| Black Gold Industrial Painting And Sandblasting Edmond | $3.1M | 4.6 mi |
| A & A Dry Strip Oklahoma City | $3.1M | 4.6 mi |
| AMERCIAN INTELLECTUAL LLC Oklahoma City · 9 employees | $2.7M | 5.5 mi |
| Industrial Powder Coatings Southwest Oklahoma City | $3.1M | 8.6 mi |
The full calculation
| Employees reported to the SBA | 21 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.5M |
| Estimate: the two combined (geometric mean) | $4.8M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $620K |
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 | $2.4M |
| Multiple for this size and industry | 3.9× |
| Value range | $1.3M – $3.3M |
| Revenue range | $3.1M – $5.4M |
| EBITDA range | $408K – $707K |
| Industry (NAICS) | Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to Manufacturers (332812) |
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
Leadership
- CNChristopher NighborSigned for the company · 2022 retirement-plan filing (Form 5500)
Advisors
- BankingCross River 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
| Cross River Bank PPP 2020 | All 589 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $150K | 21 |
2 locations
| 311 N.W. 122nd Street Suite 100 | Oklahoma City | This listing |
| 12005 N Virginia Ave | Oklahoma City | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cass Holdings, LLC
Cass Holdings, LLC is a metal coating, engraving (except jewelry and silverware), and allied services to manufacturers company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $4.8M, with roughly $620K of EBITDA. It has about 18 employees. Its estimated business value is $2.4M (likely range $1.3M–$3.3M). It has 2 locations.
Common questions
- Who owns Cass Holdings, LLC?
- The owner of Cass Holdings, 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 Cass Holdings, LLC make?
- SeeBITDA estimates Cass Holdings, LLC's annual revenue at about $4.8M (likely between $3.1M and $5.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cass Holdings, LLC worth?
- About $2.4M, roughly 3.9× its estimated EBITDA of $620K, typical for a metal coating, engraving (except jewelry and silverware), and allied services to manufacturers company its size. Likely range: $1.3M–$3.3M.
- How many employees does Cass Holdings, LLC have?
- About 18, from its 2024 retirement-plan filing.