Derrick's Canvas Shop LLC
How we got $122K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▼ 13% 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 |
|---|---|---|
| DERRICK'S CANVAS SHOP LLC this business | $437K | — |
| DERRICKS CANVAS SHOP Enid · 2 employees | $361K | 0.0 mi |
| Double Check Company, Inc. Enid | $3.0M | 2.5 mi |
| ENID BREWING COMPANY, L.L.C. Enid · 23 employees | $7.7M | 3.3 mi |
| SETTLERS BREWING CO, LLC Enid · 6 employees | $2.0M | 3.4 mi |
| Metals Usa Plates And Shapes Enid | $6.0M | 3.5 mi |
| Garfield Equipment Enid | $3.0M | 3.6 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $612K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $240K |
| Estimate: the two combined (geometric mean) | $437K |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $49K |
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 | $122K |
| Multiple for this size and industry | 2.5× |
| Value range | $64K – $167K |
| Revenue range | $287K – $498K |
| EBITDA range | $32K – $56K |
| Industry (NAICS) | Textile Bag and Canvas Mills (314910) |
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. 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
- BankingCowboy 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 Roles are as stated there and may be out of date.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
| Cowboy Bank PPP 2020 | All 286 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $8K | 3 |
About Derrick's Canvas Shop LLC
Derrick's Canvas Shop LLC is a textile bag and canvas mills company in Enid, Oklahoma. Its estimated annual revenue is about $437K, with roughly $49K of EBITDA. It has about 3 employees. Its estimated business value is $122K (likely range $64K–$167K).
Common questions
- Who owns Derrick's Canvas Shop LLC?
- The owner of Derrick's Canvas Shop 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 Derrick's Canvas Shop LLC make?
- SeeBITDA estimates Derrick's Canvas Shop LLC's annual revenue at about $437K (likely between $287K and $498K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Derrick's Canvas Shop LLC worth?
- About $122K, roughly 2.5× its estimated EBITDA of $49K, typical for a textile bag and canvas mills company its size. Likely range: $64K–$167K.
- How many employees does Derrick's Canvas Shop LLC have?
- About 3, as reported on its PPP loan.