Eastland Optical, Inc.
How we got $189K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 19% 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 |
|---|---|---|
| EASTLAND OPTICAL, INC. this business | $1.0M | — |
| HSK INC Tulsa · 10 employees | $4.2M | 0.4 mi |
| CAPPS BEAUTY & BARBER SUPPLY INC Tulsa · 7 employees | $2.4M | 0.9 mi |
| SHAKEIA BERRY Tulsa · 1 employees | $935K | 1.3 mi |
| COMMERCIAL/MEDICAL ELECTRONICS INC Tulsa · 11 employees | $5.8M | 1.5 mi |
| CF SOLUTIONS INC Tulsa · 6 employees | $6.0M | 2.0 mi |
| WHEELCHAIR & SEATING CLINIC OF OKLAHOMA, LLC Tulsa · 8 employees | $4.7M | 2.0 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $970K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $840K |
| Estimate: the two combined (geometric mean) | $1.0M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $94K |
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 | $189K |
| Multiple for this size and industry | 2× |
| Value range | $99K – $258K |
| Revenue range | $677K – $1.2M |
| EBITDA range | $62K – $108K |
| Industry (NAICS) | Retail Trade (446130) |
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: approximate sector default. 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
- BankingMabrey 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 Roles are as stated there and may be out of date.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
| Mabrey Bank PPP 2020 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $18K | 2 |
About Eastland Optical, Inc.
Eastland Optical, Inc. is a retail trade company in Tulsa, Oklahoma. Its estimated annual revenue is about $1.0M, with roughly $94K of EBITDA. It has about 2 employees. Its estimated business value is $189K (likely range $99K–$258K).
Common questions
- Who owns Eastland Optical, Inc.?
- The owner of Eastland Optical, Inc. 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 Eastland Optical, Inc. make?
- SeeBITDA estimates Eastland Optical, Inc.'s annual revenue at about $1.0M (likely between $677K and $1.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Eastland Optical, Inc. worth?
- About $189K, roughly 2× its estimated EBITDA of $94K, typical for a retail trade company its size. Likely range: $99K–$258K.
- How many employees does Eastland Optical, Inc. have?
- About 2, as reported on its PPP loan.