Frank G. Love Envelopes Inc.
How we got $50.2M
Based on its 162 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 39 years (since 1987)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 115% 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.
Employees over time
▼ 4% since 2021Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2021 | PPP loan | 162 | $65.0M |
| 2020 | Form 5500 | 146 | $58.6M |
| 2021 | Form 5500 | 144 | $57.8M |
| 2022 | Form 5500 | 145 | $58.2M |
| 2023 | Form 5500 | 146 | $58.6M |
| 2024 | Form 5500 | 152 | $61.0M |
| 2025 | Form 5500 | 155 | $62.2M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FRANK G. LOVE ENVELOPES INC. this business | $88.9M | — |
| SUMMIT LABELS, INC. Tulsa · 4 employees | $2.3M | 4.1 mi |
| Sonoco Products Company Tulsa | $1.1M | 6.7 mi |
| Morcon Tissue Tulsa | $3.0M | 7.5 mi |
| Green Bay Packaging Inc - Tulsa Division Tulsa | $2.0M | 13.2 mi |
| WestRock Sand Springs | $2.3M | 14.8 mi |
| POI, LLC Muskogee · 34 employees | $21.4M | 39.5 mi |
The full calculation
| Employees reported to the SBA | 162 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $72.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $84.1M |
| Estimate: the two combined (geometric mean) | $88.9M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $7.7M |
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 | $50.2M |
| Multiple for this size and industry | 6.5× |
| Value range | $26.4M – $68.7M |
| Revenue range | $58.5M – $101.4M |
| EBITDA range | $5.1M – $8.8M |
| Industry (NAICS) | Stationery Product Manufacturing (322230) |
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
History & advisors
Advisors
- AccountingBriscoe, Burke, & Grisby, LLPAudits its 401(k) plan (2025 filing)
- BankingBancFirstPPP / 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
| BancFirst PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/23/2021 | first | $1.9M | 162 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Frank G. Love Envelopes Inc.
Frank G. Love Envelopes Inc. is a stationery product manufacturing company in Tulsa, Oklahoma, in business since 1987. It is owned by Ron L Wilson (President). Its estimated annual revenue is about $88.9M, with roughly $7.7M of EBITDA. It has about 155 employees. Its estimated business value is $50.2M (likely range $26.4M–$68.7M).
Common questions
- Who owns Frank G. Love Envelopes Inc.?
- Frank G. Love Envelopes Inc. is owned by Ron L Wilson (President), according to public sources such as the company's website or filings.
- How much revenue does Frank G. Love Envelopes Inc. make?
- SeeBITDA estimates Frank G. Love Envelopes Inc.'s annual revenue at about $88.9M (likely between $58.5M and $101.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Frank G. Love Envelopes Inc. worth?
- About $50.2M, roughly 6.5× its estimated EBITDA of $7.7M, typical for a stationery product manufacturing company its size. Likely range: $26.4M–$68.7M.
- How many employees does Frank G. Love Envelopes Inc. have?
- About 155, from its 2025 retirement-plan filing.
- When was Frank G. Love Envelopes Inc. founded?
- Frank G. Love Envelopes Inc. has been in business since 1987.