Gerald Forsyth Plastering Inc.
How we got $2.4M
Based on its 17 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 26% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GERALD FORSYTH PLASTERING INC. this business | $9.1M | — |
| MD DRYWALL LLC Oklahoma City · 52 employees | $26.5M | 0.1 mi |
| METROPLEX CONSTRUCTION, INC. Oklahoma City · 25 employees | $10.4M | 0.8 mi |
| D & D Installation-sales Llc Oklahoma City | $2.0M | 0.9 mi |
| SANDRA GARCIA Oklahoma City · 1 employees | $364K | 1.0 mi |
| EVERSASH, LP Oklahoma City · 12 employees | $3.9M | 1.0 mi |
| MONTICELLO CABINETS AND DOORS INC Oklahoma City · 10 employees | $3.0M | 1.3 mi |
The full calculation
| Employees reported to the SBA | 17 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.1M |
| Estimate: the two combined (geometric mean) | $9.1M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $849K |
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 | $2.4M |
| Multiple for this size and industry | 2.8× |
| Value range | $1.3M – $3.3M |
| Revenue range | $6.0M – $10.4M |
| EBITDA range | $559K – $968K |
| Industry (NAICS) | Drywall and Insulation Contractors (238310) |
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
- 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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 4/11/2020 | first | $168K | 17 |
About Gerald Forsyth Plastering Inc.
Gerald Forsyth Plastering Inc. is a drywall & insulation company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $9.1M, with roughly $849K of EBITDA. It has about 17 employees. Its estimated business value is $2.4M (likely range $1.3M–$3.3M).
Common questions
- Who owns Gerald Forsyth Plastering Inc.?
- The owner of Gerald Forsyth Plastering 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 Gerald Forsyth Plastering Inc. make?
- SeeBITDA estimates Gerald Forsyth Plastering Inc.'s annual revenue at about $9.1M (likely between $6.0M and $10.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Gerald Forsyth Plastering Inc. worth?
- About $2.4M, roughly 2.8× its estimated EBITDA of $849K, typical for a drywall & insulation company its size. Likely range: $1.3M–$3.3M.
- How many employees does Gerald Forsyth Plastering Inc. have?
- About 17, as reported on its PPP loan.