Ferro Resources, Inc.
How we got $286K
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
▲ 43% 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 |
|---|---|---|
| FERRO RESOURCES, INC. this business | $693K | — |
| THREE SMITHS INC Tulsa · 3 employees | $1.1M | 0.6 mi |
| PROVIDENCE WORKING CANINES, INC. Tulsa · 2 employees | $415K | 0.6 mi |
| EMERGE MEDICAL & WELL SPA, LLC Tulsa · 55 employees | $6.6M | 0.8 mi |
| Chimney Hills Dog Wash Tulsa | $753K | 0.8 mi |
| FINESSE LAWN & LANDSCAPE LLC Tulsa · 1 employees | $453K | 1.1 mi |
| DRG CONSULTING FIRM LLC Tulsa | $915K | 1.3 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $489K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $755K |
| Estimate: the two combined (geometric mean) | $693K |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $136K |
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 | $286K |
| Multiple for this size and industry | 2.1× |
| Value range | $150K – $391K |
| Revenue range | $456K – $790K |
| EBITDA range | $90K – $155K |
| Industry (NAICS) | All Other Personal Services (812990) |
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
- BankingMidFirst 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 Roles are as stated there and may be out of date.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
| MidFirst Bank PPP 2020 | All 2,403 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $20K | 2 |
About Ferro Resources, Inc.
Ferro Resources, Inc. is an all other personal services company in Tulsa, Oklahoma. Its estimated annual revenue is about $693K, with roughly $136K of EBITDA. It has about 2 employees. Its estimated business value is $286K (likely range $150K–$391K).
Common questions
- Who owns Ferro Resources, Inc.?
- The owner of Ferro Resources, 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 Ferro Resources, Inc. make?
- SeeBITDA estimates Ferro Resources, Inc.'s annual revenue at about $693K (likely between $456K and $790K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ferro Resources, Inc. worth?
- About $286K, roughly 2.1× its estimated EBITDA of $136K, typical for a all other personal services company its size. Likely range: $150K–$391K.
- How many employees does Ferro Resources, Inc. have?
- About 2, as reported on its PPP loan.