Coveredbygrace, LLC
How we got $116K
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
▲ 17% 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 |
|---|---|---|
| COVEREDBYGRACE, LLC this business | $667K | — |
| J BOYER ENTERPRISE INC Stillwater · 10 employees | $1.6M | 2.1 mi |
| J. BOYER ENTERPRISES INC Stillwater · 11 employees | $1.7M | 2.1 mi |
| RALPH'S PACKING COMPANY, INC. Perkins · 39 employees | $11.9M | 11.5 mi |
| THE HUNGRY HEIFER BAKERY INC Cushing · 2 employees | $807K | 19.4 mi |
| GIDS DOUGH MAIN LLC Cushing · 5 employees | $1.5M | 20.0 mi |
| HOMESTEAD MEATS & PROCESSING LLC Guthrie · 11 employees | $2.6M | 33.3 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $717K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $477K |
| Estimate: the two combined (geometric mean) | $667K |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $58K |
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 | $116K |
| Multiple for this size and industry | 2× |
| Value range | $61K – $159K |
| Revenue range | $438K – $760K |
| EBITDA range | $38K – $66K |
| Industry (NAICS) | Baked Goods Retailers (445291) |
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
People & advisors
Advisors
- BankingRCB 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 Roles are as stated there and may be out of date.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
| RCB Bank PPP 2020 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $15K | 6 |
About Coveredbygrace, LLC
Coveredbygrace, LLC is a baked goods retailers company in Stillwater, Oklahoma. Its estimated annual revenue is about $667K, with roughly $58K of EBITDA. It has about 6 employees. Its estimated business value is $116K (likely range $61K–$159K).
Common questions
- Who owns Coveredbygrace, LLC?
- The owner of Coveredbygrace, 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 Coveredbygrace, LLC make?
- SeeBITDA estimates Coveredbygrace, LLC's annual revenue at about $667K (likely between $438K and $760K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Coveredbygrace, LLC worth?
- About $116K, roughly 2× its estimated EBITDA of $58K, typical for a baked goods retailers company its size. Likely range: $61K–$159K.
- How many employees does Coveredbygrace, LLC have?
- About 6, as reported on its PPP loan.