Chemproof Polymers, Inc
How we got $1.9M
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 33 years (since 1993)
From public records and the company's website, not a statement that it's for sale.
What they do
ChemProof Polymers manufactures heavy-duty industrial floor coatings, grouts and polymer concretes with an emphasis on chemical resistance, for industrial facilities such as chemical processing, food and beverage, and water/waste water operations.
From the company's website. Industry: Paint and Coating Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- HODGES TRANSPORTATION INC · Tulsa, 8 mi · $11.4M
- EL ARCO INC · Tulsa, 11 mi · $4.1M
- ARLAN RECEIVING DELIVERY AND STORAGE, INC. · Tulsa, 11 mi · $2.0M
- ALLIED CONTAINER SALES, LLC · Tulsa, 7 mi · $936K
- FIVE R INC · Tulsa, 10 mi · $897K
Estimated value over time
▲ 38% 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 |
|---|---|---|
| CHEMPROOF POLYMERS, INC this business | $3.9M | — |
| H & H PROTECTIVE COATINGS COMPANY Tulsa · 9 employees | $5.8M | 1.8 mi |
| RED DEVIL, INCORPORATED Tulsa · 93 employees | $84.2M | 2.1 mi |
| AMERICAN INDUSTRIAL, INC. Tulsa · 2 employees | $2.2M | 3.4 mi |
| ANCHOR PAINT MFG. CO. INC Tulsa · 60 employees | $43.7M | 6.8 mi |
| TULSA POWDER COATING, INC Tulsa · 10 employees | $5.7M | 7.5 mi |
| APEX INDUSTRIES, INC Tulsa · 70 employees | $53.9M | 8.1 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.9M |
| Estimate: the two combined (geometric mean) | $3.9M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $510K |
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 | $1.9M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.0M – $2.7M |
| Revenue range | $2.6M – $4.5M |
| EBITDA range | $335K – $581K |
| Industry (NAICS) | Paint and Coating Manufacturing (325510) |
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
“Since 1993 ChemProof has manufactured a line of general purpose industrial floor coatings, grouts and polymer concretes with an empahsis on extreme chemical resistance, durability and cost effectiveness.”
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, PPP 2021 | 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 |
|---|---|---|---|
| 4/13/2020 | first | $69K | 4 |
| 1/23/2021 | second | $69K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Chemproof Polymers, Inc
Chemproof Polymers, Inc is a paint and coating manufacturing company in Tulsa, Oklahoma, in business since 1993. Its estimated annual revenue is about $3.9M, with roughly $510K of EBITDA. It has about 4 employees. Its estimated business value is $1.9M (likely range $1.0M–$2.7M).
Common questions
- Who owns Chemproof Polymers, Inc?
- The owner of Chemproof Polymers, 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 Chemproof Polymers, Inc make?
- SeeBITDA estimates Chemproof Polymers, Inc's annual revenue at about $3.9M (likely between $2.6M and $4.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Chemproof Polymers, Inc worth?
- About $1.9M, roughly 3.8× its estimated EBITDA of $510K, typical for a paint and coating manufacturing company its size. Likely range: $1.0M–$2.7M.
- How many employees does Chemproof Polymers, Inc have?
- About 4, as reported on its PPP loan.
- When was Chemproof Polymers, Inc founded?
- Chemproof Polymers, Inc has been in business since 1993.