Copelin Contract, LLC
How we got $171K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 10% 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
▲ 250% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 2 | $600K |
| 2023 | Form 5500 | 5 | $1.5M |
| 2024 | Form 5500 | 7 | $2.1M |
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 |
|---|---|---|
| COPELIN CONTRACT, LLC this business | $1.0M | — |
| THEO'S MARKETPLACE INC Norman · 12 employees | $4.1M | 1.5 mi |
| HENRY HOME INTERIORS, LLC Norman · 5 employees | $1.7M | 2.7 mi |
| TRIMBLE AND KOWALCZYK LLC Norman · 3 employees | $2.7M | 3.5 mi |
| MISTER ROBERT INC. Norman · 13 employees | $3.7M | 4.9 mi |
| MATTRESS DISCOUNTER LLC Oklahoma City · 2 employees | $1.3M | 5.3 mi |
| HWARD FURNITURE SALES Oklahoma City · 1 employees | $792K | 7.9 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $921K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $886K |
| Estimate: the two combined (geometric mean) | $1.0M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $86K |
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 | $171K |
| Multiple for this size and industry | 2× |
| Value range | $90K – $234K |
| Revenue range | $677K – $1.2M |
| EBITDA range | $56K – $98K |
| Industry (NAICS) | Retail Trade (442110) |
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: approximate sector default. 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
- BankingArmstrong Bank, First United Bank and Trust CompanyPPP / 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
| Armstrong Bank PPP 2020 | All 1,355 borrowers → |
| First United Bank and Trust Company PPP 2021 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $10K | 2 |
| 3/6/2021 | second | $13K | 2 |
About Copelin Contract, LLC
Copelin Contract, LLC is a retail trade company in Norman, Oklahoma. Its estimated annual revenue is about $1.0M, with roughly $86K of EBITDA. It has about 7 employees. Its estimated business value is $171K (likely range $90K–$234K).
Common questions
- Who owns Copelin Contract, LLC?
- The owner of Copelin Contract, 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 Copelin Contract, LLC make?
- SeeBITDA estimates Copelin Contract, LLC's annual revenue at about $1.0M (likely between $677K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Copelin Contract, LLC worth?
- About $171K, roughly 2× its estimated EBITDA of $86K, typical for a retail trade company its size. Likely range: $90K–$234K.
- How many employees does Copelin Contract, LLC have?
- About 7, from its 2024 retirement-plan filing.