Ernest G. Benge Painting, Inc.
How we got $219K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 21% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ERNEST G. BENGE PAINTING, INC. this business | $896K | — |
| Tulsa House Painters Tulsa | $2.0M | 1.2 mi |
| JR TILE LLC Tulsa · 5 employees | $938K | 1.2 mi |
| FOUR MOST INNOVATIONS, INC. Tulsa · 1 employees | $261K | 1.7 mi |
| GREEN METAL FABRICATORS Tulsa · 20 employees | $7.1M | 2.0 mi |
| FOUR MOST INNOVATIONS, INC. Oakhurst · 1 employees | $261K | 2.2 mi |
| TALON COMMERCIAL SERVICES Tulsa · 65 employees | $21.8M | 2.7 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $603K |
| Estimate: the two combined (geometric mean) | $896K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $115K |
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 | $219K |
| Multiple for this size and industry | 1.9× |
| Value range | $115K – $299K |
| Revenue range | $590K – $1.0M |
| EBITDA range | $76K – $131K |
| Industry (NAICS) | Painting and Wall Covering Contractors (238320) |
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
- BankingThe Exchange 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 Roles are as stated there and may be out of date.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
| The Exchange Bank PPP 2020 | All 125 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $15K | 4 |
About Ernest G. Benge Painting, Inc.
Ernest G. Benge Painting, Inc. is a painting contractors company in Tulsa, Oklahoma. Its estimated annual revenue is about $896K, with roughly $115K of EBITDA. It has about 4 employees. Its estimated business value is $219K (likely range $115K–$299K).
Common questions
- Who owns Ernest G. Benge Painting, Inc.?
- The owner of Ernest G. Benge Painting, 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 Ernest G. Benge Painting, Inc. make?
- SeeBITDA estimates Ernest G. Benge Painting, Inc.'s annual revenue at about $896K (likely between $590K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ernest G. Benge Painting, Inc. worth?
- About $219K, roughly 1.9× its estimated EBITDA of $115K, typical for a painting contractors company its size. Likely range: $115K–$299K.
- How many employees does Ernest G. Benge Painting, Inc. have?
- About 4, as reported on its PPP loan.