Griffin Holdings, Inc.
How we got $3.1M
Based on its 17 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▼ 13% 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
▲ 600% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 17 | $6.5M |
| 2020 | Form 5500 | 95 | $36.4M |
| 2021 | Form 5500 | 102 | $39.1M |
| 2022 | Form 5500 | 103 | $39.5M |
| 2023 | Form 5500 | 114 | $43.7M |
| 2024 | Form 5500 | 119 | $45.7M |
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GRIFFIN HOLDINGS, INC. this business | $6.3M | — |
| GRIFFIN FOOD COMPANY Muskogee · 37 employees | $16.3M | 0.0 mi |
| TECHNICAL MANUFACTURING, INC Wagoner · 16 employees | $5.7M | 14.0 mi |
| REALTIME AUTOMATION INC Broken Arrow · 4 employees | $2.8M | 32.4 mi |
| QMI Pryor | $2.0M | 34.6 mi |
| JENSEN MIXERS INTERNATIONAL, INC Tulsa · 41 employees | $24.0M | 35.8 mi |
| INFINITE COMPOSITES INC Tulsa · 17 employees | $5.7M | 35.9 mi |
The full calculation
| Employees reported to the SBA | 17 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.4M |
| Estimate: the two combined (geometric mean) | $6.3M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $805K |
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 | $3.1M |
| Multiple for this size and industry | 3.9× |
| Value range | $1.7M – $4.3M |
| Revenue range | $4.2M – $7.2M |
| EBITDA range | $530K – $918K |
| Industry (NAICS) | Food Product Machinery Manufacturing (333241) |
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
- AccountingLandmark Plc, CPASAudits its 401(k) plan (2022 filing)
- BankingArmstrong 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
| Armstrong Bank PPP 2020 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $126K | 17 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Griffin Holdings, Inc.
Griffin Holdings, Inc. is a food product machinery manufacturing company in Muskogee, Oklahoma. It is owned by John W Griffin (Principal). Its estimated annual revenue is about $6.3M, with roughly $805K of EBITDA. It has about 119 employees. Its estimated business value is $3.1M (likely range $1.7M–$4.3M).
Common questions
- Who owns Griffin Holdings, Inc.?
- Griffin Holdings, Inc. is owned by John W Griffin (Principal), according to public sources such as the company's website or filings.
- How much revenue does Griffin Holdings, Inc. make?
- SeeBITDA estimates Griffin Holdings, Inc.'s annual revenue at about $6.3M (likely between $4.2M and $7.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Griffin Holdings, Inc. worth?
- About $3.1M, roughly 3.9× its estimated EBITDA of $805K, typical for a food product machinery manufacturing company its size. Likely range: $1.7M–$4.3M.
- How many employees does Griffin Holdings, Inc. have?
- About 119, from its 2024 retirement-plan filing.