H & H Protective Coatings Company
- Cindy RamosCeo · Company website
- Amanda DiasSecretary · Company website
How we got $2.8M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 58 years (since 1968)
- Family in the business (Cindy Ramos, CEO)
From public records and the company's website, not a statement that it's for sale.
What they do
H & H Protective Coatings has provided commercial exterior and interior abrasion and coating applications since 1968.
From the company's website. Industry: Paint and Coating Manufacturing.
Estimated value over time
▲ 38% 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 |
|---|---|---|
| H & H PROTECTIVE COATINGS COMPANY this business | $5.8M | — |
| CHEMPROOF POLYMERS, INC Tulsa · 4 employees | $3.9M | 1.8 mi |
| Rust-Oleum Concrete Protections Systems Tulsa | $2.0M | 2.8 mi |
| AMERICAN INDUSTRIAL, INC. Tulsa · 2 employees | $2.2M | 3.1 mi |
| RED DEVIL, INCORPORATED Tulsa · 93 employees | $84.2M | 3.3 mi |
| APEX INDUSTRIES, INC Tulsa · 70 employees | $53.9M | 7.6 mi |
| ANCHOR PAINT MFG. CO. INC Tulsa · 60 employees | $43.7M | 8.1 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.3M |
| Estimate: the two combined (geometric mean) | $5.8M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $747K |
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 | $2.8M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.5M – $3.9M |
| Revenue range | $3.8M – $6.6M |
| EBITDA range | $492K – $852K |
| Industry (NAICS) | Paint and Coating Manufacturing (325510) |
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
“Since 1968, H & H Protective Coatings has provided commercial exterior and interior abrasions and coating applications.”
Advisors
- BankingAmerican Heritage 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
| American Heritage Bank PPP 2020, PPP 2021 | All 446 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $77K | 9 |
| 2/5/2021 | second | $63K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About H & H Protective Coatings Company
H & H Protective Coatings Company is a paint and coating manufacturing company in Tulsa, Oklahoma, in business since 1968. It is owned by Jonathan Ramos (President). Its estimated annual revenue is about $5.8M, with roughly $747K of EBITDA. It has about 9 employees. Its estimated business value is $2.8M (likely range $1.5M–$3.9M).
Common questions
- Who owns H & H Protective Coatings Company?
- H & H Protective Coatings Company is owned by Jonathan Ramos (President), according to public sources such as the company's website or filings.
- How much revenue does H & H Protective Coatings Company make?
- SeeBITDA estimates H & H Protective Coatings Company's annual revenue at about $5.8M (likely between $3.8M and $6.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is H & H Protective Coatings Company worth?
- About $2.8M, roughly 3.8× its estimated EBITDA of $747K, typical for a paint and coating manufacturing company its size. Likely range: $1.5M–$3.9M.
- How many employees does H & H Protective Coatings Company have?
- About 9, as reported on its PPP loan.
- When was H & H Protective Coatings Company founded?
- H & H Protective Coatings Company has been in business since 1968.