Coury Properties, Inc.
How we got $1.7M
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 14% 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
Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 6 | $598K |
| 2020 | Form 5500 | 273 | $27.2M |
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 |
|---|---|---|
| COURY PROPERTIES, INC. this business | $1.6M | — |
| Ambassador Hotel Collection Tulsa | $1.9M | 0.0 mi |
| Coury Hospitality Tulsa | $1.9M | 0.0 mi |
| Homewood Suites by Hilton Tulsa South Medical District Tulsa | $1.9M | 0.2 mi |
| Hyatt Place Tulsa-south/medical District Tulsa | $1.9M | 0.2 mi |
| Hyde Park Hotels Inc Tulsa | $1.9M | 0.2 mi |
| Willow Creek Phase 1 Tulsa | $1.9M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $918K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.2M |
| Estimate: the two combined (geometric mean) | $1.6M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $448K |
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 | $1.7M |
| Multiple for this size and industry | 3.9× |
| Value range | $920K – $2.4M |
| Revenue range | $1.1M – $1.9M |
| EBITDA range | $295K – $511K |
| Industry (NAICS) | Hotels (except Casino Hotels) and Motels (721110) |
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
People & advisors
Advisors
- AccountingConklin Gilpin Wertz, PLLCAudits its 401(k) plan (2020 filing)
- BankingFirstar 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
| Firstar Bank PPP 2020 | All 380 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $54K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Coury Properties, Inc.
Coury Properties, Inc. is a hotels & motels company in Tulsa, Oklahoma. Its estimated annual revenue is about $1.6M, with roughly $448K of EBITDA. It has about 273 employees. Its estimated business value is $1.7M (likely range $920K–$2.4M).
Common questions
- Who owns Coury Properties, Inc.?
- The owner of Coury Properties, 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 Coury Properties, Inc. make?
- SeeBITDA estimates Coury Properties, Inc.'s annual revenue at about $1.6M (likely between $1.1M and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Coury Properties, Inc. worth?
- About $1.7M, roughly 3.9× its estimated EBITDA of $448K, typical for a hotels & motels company its size. Likely range: $920K–$2.4M.
- How many employees does Coury Properties, Inc. have?
- About 273, from its 2020 retirement-plan filing.