Frank's Tomato & Banana House Inc
How we got $1.9M
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 5% 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 |
|---|---|---|
| FRANK'S TOMATO & BANANA HOUSE INC this business | $11.5M | — |
| TANAKA PRODUCE, INC. Oklahoma City · 16 employees | $34.2M | 0.0 mi |
| OKLAHOMA BANANA DISTRIBUTING CO, INC. Oklahoma City · 7 employees | $13.4M | 0.1 mi |
| COUNTRY SQUIRE FARM PRODUCTS, INC. Oklahoma City · 11 employees | $24.9M | 0.4 mi |
| SCHWAB AND COMPANY Oklahoma City · 62 employees | $110.1M | 0.9 mi |
| KING WHOLESALE LLC Oklahoma City · 5 employees | $5.2M | 1.0 mi |
| CUSACK WHOLESALE MEAT CO. Oklahoma City · 9 employees | $15.5M | 1.2 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $13.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.7M |
| Estimate: the two combined (geometric mean) | $11.5M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $517K |
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 | $1.9M |
| Multiple for this size and industry | 3.6× |
| Value range | $980K – $2.5M |
| Revenue range | $7.6M – $13.1M |
| EBITDA range | $340K – $590K |
| Industry (NAICS) | Fresh fruit and vegetable merchant wholesalers (424480) |
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
- BankingUMB Bank, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| UMB Bank, National Association PPP 2020 | All 99 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/15/2020 | first | $38K | 6 |
About Frank's Tomato & Banana House Inc
Frank's Tomato & Banana House Inc is a fresh fruit and vegetable merchant wholesalers company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $11.5M, with roughly $517K of EBITDA. It has about 6 employees. Its estimated business value is $1.9M (likely range $980K–$2.5M).
Common questions
- Who owns Frank's Tomato & Banana House Inc?
- The owner of Frank's Tomato & Banana House 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 Frank's Tomato & Banana House Inc make?
- SeeBITDA estimates Frank's Tomato & Banana House Inc's annual revenue at about $11.5M (likely between $7.6M and $13.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Frank's Tomato & Banana House Inc worth?
- About $1.9M, roughly 3.6× its estimated EBITDA of $517K, typical for a fresh fruit and vegetable merchant wholesalers company its size. Likely range: $980K–$2.5M.
- How many employees does Frank's Tomato & Banana House Inc have?
- About 6, as reported on its PPP loan.