Grips Etc., Inc.
How we got $1.1M
Based on its 10 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 37% 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 |
|---|---|---|
| GRIPS ETC., INC. this business | $1.7M | — |
| PAUL ZIERT & ASSOCIATES, INC. Norman · 41 employees | $7.5M | 0.0 mi |
| JAZZ IN JUNE, INC Norman · 1 employees | $181K | 2.8 mi |
| Q.S.R. PRODUCTIONS LLC Moore · 80 employees | $39.9M | 7.5 mi |
| THE BARN AT COUNTRY CLUB, LLC Newcastle · 3 employees | $1.1M | 7.8 mi |
| FABULOUS BAKER BOYS, LLC Oklahoma City · 40 employees | $20.0M | 8.9 mi |
| OKLAHOMA COACHES ASSOCIATION Oklahoma City · 8 employees | $776K | 9.5 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.1M |
| Estimate: the two combined (geometric mean) | $1.7M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $391K |
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 | $1.1M |
| Multiple for this size and industry | 2.7× |
| Value range | $555K – $1.4M |
| Revenue range | $1.1M – $1.9M |
| EBITDA range | $257K – $445K |
| Industry (NAICS) | Promoters of Performing Arts, Sports, and Similar Events with Facilities (711310) |
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
- 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 Roles are as stated there and may be out of date.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, PPP 2021 | 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 |
|---|---|---|---|
| 4/6/2020 | first | $31K | 10 |
| 1/30/2021 | second | $31K | 6 |
About Grips Etc., Inc.
Grips Etc., Inc. is a promoters of performing arts, sports, and similar events with facilities company in Norman, Oklahoma. Its estimated annual revenue is about $1.7M, with roughly $391K of EBITDA. It has about 10 employees. Its estimated business value is $1.1M (likely range $555K–$1.4M).
Common questions
- Who owns Grips Etc., Inc.?
- The owner of Grips Etc., 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 Grips Etc., Inc. make?
- SeeBITDA estimates Grips Etc., Inc.'s annual revenue at about $1.7M (likely between $1.1M and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Grips Etc., Inc. worth?
- About $1.1M, roughly 2.7× its estimated EBITDA of $391K, typical for a promoters of performing arts, sports, and similar events with facilities company its size. Likely range: $555K–$1.4M.
- How many employees does Grips Etc., Inc. have?
- About 10, as reported on its PPP loan.