Garbe Industries, Inc.
How we got $3.0M
Based on its 19 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 17% 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
▼ 11% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 19 | $6.6M |
| 2020 | Form 5500 | 17 | $5.9M |
| 2021 | Form 5500 | 17 | $5.9M |
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 |
|---|---|---|
| GARBE INDUSTRIES, INC. this business | $10.3M | — |
| FACTORY TILE, INC. Tulsa · 5 employees | $2.7M | 0.6 mi |
| ATKINSON SUPPLY COMPANY Tulsa · 5 employees | $3.0M | 0.8 mi |
| LOMAN STUDIOS INC Tulsa · 4 employees | $2.5M | 1.3 mi |
| D &E SUPPLY LLC Tulsa · 21 employees | $16.5M | 1.4 mi |
| TILES AND STONES, INC. Tulsa · 3 employees | $3.0M | 2.0 mi |
| MARQUIS HARDWARE, LLC Tulsa · 6 employees | $2.1M | 2.2 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $9.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.1M |
| Estimate: the two combined (geometric mean) | $10.3M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $989K |
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 | $3.0M |
| Multiple for this size and industry | 3× |
| Value range | $1.6M – $4.1M |
| Revenue range | $6.8M – $11.8M |
| EBITDA range | $650K – $1.1M |
| Industry (NAICS) | Building material and supplies dealers (444190) |
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
People & advisors
Advisors
- 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 2020, 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 |
|---|---|---|---|
| 4/13/2020 | first | $132K | 18 |
| 2/1/2021 | second | $131K | 19 |
About Garbe Industries, Inc.
Garbe Industries, Inc. is a building material and supplies dealers company in Tulsa, Oklahoma. Its estimated annual revenue is about $10.3M, with roughly $989K of EBITDA. It has about 17 employees. Its estimated business value is $3.0M (likely range $1.6M–$4.1M).
Common questions
- Who owns Garbe Industries, Inc.?
- The owner of Garbe Industries, 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 Garbe Industries, Inc. make?
- SeeBITDA estimates Garbe Industries, Inc.'s annual revenue at about $10.3M (likely between $6.8M and $11.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Garbe Industries, Inc. worth?
- About $3.0M, roughly 3× its estimated EBITDA of $989K, typical for a building material and supplies dealers company its size. Likely range: $1.6M–$4.1M.
- How many employees does Garbe Industries, Inc. have?
- About 17, from its 2021 retirement-plan filing.