Christine Honke
How we got $55K
Based on its 1 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 36% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CHRISTINE HONKE this business | $114K | — |
| CHRISTINE HOHNKE Elk City · 1 employees | $142K | 0.0 mi |
| Ascension Tattoo & Body Pierci Elk City | $440K | 0.0 mi |
| Mane Attraction Elk City | $440K | 0.0 mi |
| Luxury Day Spa Elk City | $440K | 0.0 mi |
| Radiant Designs Hair Makeup Skincare Elk City | $440K | 0.0 mi |
| Main Street Barber Co. Elk City | $440K | 0.0 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $123K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $81K |
| Estimate: the two combined (geometric mean) | $114K |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $26K |
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 | $55K |
| Multiple for this size and industry | 2.1× |
| Value range | $29K – $75K |
| Revenue range | $75K – $130K |
| EBITDA range | $17K – $30K |
| Industry (NAICS) | Beauty Salons (812112) |
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
- BankingThe First National Bank & TrustPPP / 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 Roles are as stated there and may be out of date.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
| First Bank and Trust Co PPP 2021 | All 694 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/21/2021 | second | $3K | 1 |
About Christine Honke
Christine Honke is a hair & beauty salons company in Elk City, Oklahoma. Its estimated annual revenue is about $114K, with roughly $26K of EBITDA. It has about 1 employees. Its estimated business value is $55K (likely range $29K–$75K).
Common questions
- Who owns Christine Honke?
- The owner of Christine Honke 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 Christine Honke make?
- SeeBITDA estimates Christine Honke's annual revenue at about $114K (likely between $75K and $130K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Christine Honke worth?
- About $55K, roughly 2.1× its estimated EBITDA of $26K, typical for a hair & beauty salons company its size. Likely range: $29K–$75K.
- How many employees does Christine Honke have?
- About 1, as reported on its PPP loan.