How we got $73K
Based on 2 employees reported for PPP in 2021, grown at the industry's Oklahoma rate since.
Estimated value over time
▲ 75% 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 |
|---|---|---|
| ETIC LLC this business | $318K | — |
| PAUL H. BURGESS, INC. Tulsa · 3 employees | $779K | 0.0 mi |
| Boston Title & Abstract Tulsa | $1.7M | 0.0 mi |
| OKIE PROUD LLC Tulsa · 23 employees | $2.6M | 0.0 mi |
| Copaneazi's Pizzeria Tulsa | $1.7M | 0.0 mi |
| Sandos Rockin Deli And Provisions Tulsa | $1.7M | 0.0 mi |
| The Local Bison Tulsa | $1.7M | 0.0 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Industry revenue per employee | $57K |
| Revenue = employees × revenue per employee | $318K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $41K |
| Cross-check: revenue implied by PPP payroll | $34K |
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 | $73K |
| Multiple for this size and industry | 1.8× |
| Value range | $35K – $104K |
| Revenue range | $188K – $377K |
| EBITDA range | $24K – $48K |
| Industry (NAICS) | Snack and Nonalcoholic Beverage Bars (722515) |
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, 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
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/18/2021 | first | $942 | 2 |
About Etic LLC
Etic LLC is a restaurants company in Tulsa, Oklahoma. Its estimated annual revenue is about $318K, with roughly $41K of EBITDA. It has about 2 employees. Its estimated business value is $73K (likely range $35K–$104K).
Common questions
- Who owns Etic LLC?
- The owner of Etic 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 Etic LLC make?
- SeeBITDA estimates Etic LLC's annual revenue at about $318K (likely between $188K and $377K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Etic LLC worth?
- About $73K, roughly 1.8× its estimated EBITDA of $41K, typical for a restaurants company its size. Likely range: $35K–$104K.
- How many employees does Etic LLC have?
- About 2, as reported on its PPP loan.