How we got $311K
Based on its 14 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 23% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| DRIP LLC this business | $1.7M | — |
| Boba Yogurt Bar - byb Claremore | $1.7M | 0.0 mi |
| Paradise Donuts Claremore Claremore | $1.7M | 0.1 mi |
| Taqueria Corona Claremore | $1.7M | 0.1 mi |
| Cafe Flores Claremore | $1.7M | 0.3 mi |
| The Pink House Claremore | $1.7M | 0.7 mi |
| M. STEWART ENTERPRISES INC Claremore · 15 employees | $1.3M | 0.7 mi |
The full calculation
| Employees reported to the SBA | 14 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.9M |
| Estimate: the two combined (geometric mean) | $1.7M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $173K |
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 | $311K |
| Multiple for this size and industry | 1.8× |
| Value range | $164K – $425K |
| Revenue range | $1.1M – $2.0M |
| EBITDA range | $114K – $197K |
| Industry (NAICS) | Limited-Service Restaurants (722513) |
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
History & advisors
Advisors
- BankingFirst Bank of OwassoPPP / 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 Roles are as stated there and may be out of date.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
| First Bank of Owasso PPP 2021 | All 426 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/17/2021 | second | $90K | 14 |
About Drip LLC
Drip LLC is a restaurants company in Claremore, Oklahoma. Its estimated annual revenue is about $1.7M, with roughly $173K of EBITDA. It has about 14 employees. Its estimated business value is $311K (likely range $164K–$425K).
Common questions
- Who owns Drip LLC?
- The owner of Drip 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 Drip LLC make?
- SeeBITDA estimates Drip LLC's annual revenue at about $1.7M (likely between $1.1M and $2.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Drip LLC worth?
- About $311K, roughly 1.8× its estimated EBITDA of $173K, typical for a restaurants company its size. Likely range: $164K–$425K.
- How many employees does Drip LLC have?
- About 14, as reported on its PPP loan.