How we got $148K
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
▲ 30% 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 |
|---|---|---|
| CORT SHAFFER this business | $493K | — |
| S & S HEATING AND COOLING, LLC Welch · 4 employees | $1.1M | 0.0 mi |
| JACKIE L FRAZIER Welch · 1 employees | $388K | 8.6 mi |
| BOLTON HEAT AND AIR Miami · 9 employees | $1.8M | 14.0 mi |
| MIKE SCRIVO LC Miami · 6 employees | $1.6M | 14.9 mi |
| B and R Plumbing and Electric Commerce | $1.8M | 15.7 mi |
| Ross Plumbing Commerce | $1.8M | 15.8 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $259K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $724K |
| Estimate: the two combined (geometric mean) | $493K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $74K |
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 | $148K |
| Multiple for this size and industry | 2× |
| Value range | $78K – $203K |
| Revenue range | $325K – $563K |
| EBITDA range | $49K – $85K |
| Industry (NAICS) | Plumbing, Heating, and Air-Conditioning Contractors (238220) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
History & advisors
Advisors
- BankingWelch State Bank of Welch, Okla.PPP / 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 Roles are as stated there and may be out of date.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
| Welch State Bank of Welch, Okla. PPP 2021 | All 108 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/2/2021 | second | $22K | 1 |
About Cort Shaffer
Cort Shaffer is a plumbing, heating & air company in Welch, Oklahoma. Its estimated annual revenue is about $493K, with roughly $74K of EBITDA. It has about 1 employees. Its estimated business value is $148K (likely range $78K–$203K).
Common questions
- Who owns Cort Shaffer?
- The owner of Cort Shaffer 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 Cort Shaffer make?
- SeeBITDA estimates Cort Shaffer's annual revenue at about $493K (likely between $325K and $563K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cort Shaffer worth?
- About $148K, roughly 2× its estimated EBITDA of $74K, typical for a plumbing, heating & air company its size. Likely range: $78K–$203K.
- How many employees does Cort Shaffer have?
- About 1, as reported on its PPP loan.