Covenant Enterprise LLC
How we got $206K
Based on 10 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 29% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| COVENANT ENTERPRISE LLC this business | $1.0M | — |
| JG RS JOINT VENTURES LLC Guymon · 30 employees | $1.9M | 0.1 mi |
| VALLARTA MEXICAN GRILL INC. Guymon · 7 employees | $1.0M | 0.1 mi |
| Eddie's Steak & Seafood Guymon | $1.7M | 0.1 mi |
| Paleteria Brianna La Michoacana Guymon | $1.7M | 0.2 mi |
| Taco Bell Guymon | $1.7M | 0.2 mi |
| Pizza Hut Guymon | $1.7M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Industry revenue per employee | $63K |
| Revenue = employees × revenue per employee | $1.0M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $115K |
| Cross-check: revenue implied by PPP payroll | $2.8M |
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 | $206K |
| Multiple for this size and industry | 1.8× |
| Value range | $98K – $293K |
| Revenue range | $621K – $1.2M |
| EBITDA range | $68K – $136K |
| Industry (NAICS) | Limited-Service Restaurants (722513) |
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
- BankingWebBankPPP / 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 Roles are as stated there and may be out of date.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
| WebBank PPP 2020, PPP 2021 | All 158 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/9/2020 | first | $96K | 10 |
| 4/20/2021 | second | $21K | 5 |
About Covenant Enterprise LLC
Covenant Enterprise LLC is a restaurants company in Guymon, Oklahoma. Its estimated annual revenue is about $1.0M, with roughly $115K of EBITDA. It has about 10 employees. Its estimated business value is $206K (likely range $98K–$293K).
Common questions
- Who owns Covenant Enterprise LLC?
- The owner of Covenant Enterprise 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 Covenant Enterprise LLC make?
- SeeBITDA estimates Covenant Enterprise LLC's annual revenue at about $1.0M (likely between $621K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Covenant Enterprise LLC worth?
- About $206K, roughly 1.8× its estimated EBITDA of $115K, typical for a restaurants company its size. Likely range: $98K–$293K.
- How many employees does Covenant Enterprise LLC have?
- About 10, as reported on its PPP loan.