Derricks Canvas Shop
How we got $101K
Based on its 2 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▼ 17% 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 |
|---|---|---|
| DERRICKS CANVAS SHOP this business | $361K | — |
| DERRICK'S CANVAS SHOP LLC Enid · 3 employees | $437K | 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 | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $408K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $246K |
| Estimate: the two combined (geometric mean) | $361K |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $40K |
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 | $101K |
| Multiple for this size and industry | 2.5× |
| Value range | $53K – $138K |
| Revenue range | $238K – $412K |
| EBITDA range | $27K – $46K |
| Industry (NAICS) | Textile Bag and Canvas Mills (314910) |
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 Roles are as stated there and may be out of date.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 2021 | All 286 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/8/2021 | second | $8K | 2 |
About Derricks Canvas Shop
Derricks Canvas Shop is a textile bag and canvas mills company in Enid, Oklahoma. Its estimated annual revenue is about $361K, with roughly $40K of EBITDA. It has about 2 employees. Its estimated business value is $101K (likely range $53K–$138K).
Common questions
- Who owns Derricks Canvas Shop?
- The owner of Derricks Canvas Shop 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 Derricks Canvas Shop make?
- SeeBITDA estimates Derricks Canvas Shop's annual revenue at about $361K (likely between $238K and $412K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Derricks Canvas Shop worth?
- About $101K, roughly 2.5× its estimated EBITDA of $40K, typical for a textile bag and canvas mills company its size. Likely range: $53K–$138K.
- How many employees does Derricks Canvas Shop have?
- About 2, as reported on its PPP loan.