Coatings, Inc.
How we got $100K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
What they do
ICS Concrete Coatings is a family-owned business in Oklahoma City that applies Penntek polyurea floor coatings to garages, patios, pool decks, and commercial and industrial floors.
From the company's website. Industry: Other Building Finishing Contractors.
Customers & suppliers
Suppliers & brands
- Penntek · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| COATINGS, INC. this business | $349K | — |
| M & M INSULATION, INC Oklahoma City · 11 employees | $7.9M | 0.6 mi |
| INNOVATIVE CONSTRUCTION SERVICES LLC Oklahoma City · 11 employees | $6.7M | 0.7 mi |
| ALLIANCE SEALANTS & WATERPROOFING INC Oklahoma City · 8 employees | $2.3M | 1.1 mi |
| AGILE FOAM SPRAY LLC Oklahoma City · 4 employees | $3.0M | 1.3 mi |
| ACCENT PAINTING INC Oklahoma City · 8 employees | $2.6M | 1.4 mi |
| Systems Furniture Installation Oklahoma City | $4.0M | 1.6 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $304K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $308K |
| Estimate: the two combined (geometric mean) | $349K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $53K |
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 | $100K |
| Multiple for this size and industry | 1.9× |
| Value range | $53K – $137K |
| Revenue range | $230K – $398K |
| EBITDA range | $35K – $60K |
| Industry (NAICS) | Other Building Finishing Contractors (238390) |
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
History & advisors
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $9K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Coatings, Inc.
Coatings, Inc. is an other building finishing contractors company in Oklahoma City, Oklahoma, in business since 2024. It is owned by Steven Smith (Managing Member). Its estimated annual revenue is about $349K, with roughly $53K of EBITDA. It has about 1 employees. Its estimated business value is $100K (likely range $53K–$137K).
Common questions
- Who owns Coatings, Inc.?
- Coatings, Inc. is owned by Steven Smith (Managing Member), according to public sources such as the company's website or filings.
- How much revenue does Coatings, Inc. make?
- SeeBITDA estimates Coatings, Inc.'s annual revenue at about $349K (likely between $230K and $398K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Coatings, Inc. worth?
- About $100K, roughly 1.9× its estimated EBITDA of $53K, typical for a other building finishing contractors company its size. Likely range: $53K–$137K.
- How many employees does Coatings, Inc. have?
- About 1, as reported on its PPP loan.
- When was Coatings, Inc. founded?
- Coatings, Inc. has been in business since 2024.