Heirloom Rustic Ales, LLC
How we got $1.1M
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 33% 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 |
|---|---|---|
| HEIRLOOM RUSTIC ALES, LLC this business | $1.8M | — |
| MARSHALL BREWING COMPANY, LLC Tulsa · 14 employees | $4.0M | 0.6 mi |
| AMERICAN SOLERA LLC Tulsa · 19 employees | $4.9M | 0.6 mi |
| CABIN BOYS BREWERY LLC Tulsa · 8 employees | $2.7M | 0.7 mi |
| NOTHING'S LEFT BREWERY CO. LLC Tulsa · 6 employees | $2.0M | 0.8 mi |
| RENAISSANCE BREWING COMPANY LLC Tulsa · 9 employees | $3.0M | 1.0 mi |
| DEAD ARMADILLO CRAFT BREWING, LLC Tulsa · 13 employees | $3.3M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.1M |
| Estimate: the two combined (geometric mean) | $1.8M |
| EBITDA margin (industry, adjusted for size) | 21% |
| EBITDA = revenue × margin | $381K |
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 | 3× |
| Value range | $601K – $1.6M |
| Revenue range | $1.2M – $2.0M |
| EBITDA range | $250K – $434K |
| Industry (NAICS) | Breweries (312120) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
People & advisors
Advisors
- BankingVast Bank, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| Vast Bank, National Association 7(a) 2020, PPP 2020, PPP 2021 | All 359 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 | $31K | 8 |
| 1/16/2021 | second | $31K | 5 |
Public records
| Mar 2020 | 7(a) | $264K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Heirloom Rustic Ales, LLC
Heirloom Rustic Ales, LLC is a breweries company in Tulsa, Oklahoma, in business since 2017. Its estimated annual revenue is about $1.8M, with roughly $381K of EBITDA. It has about 8 employees. Its estimated business value is $1.1M (likely range $601K–$1.6M).
Common questions
- Who owns Heirloom Rustic Ales, LLC?
- The owner of Heirloom Rustic Ales, LLC 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 Heirloom Rustic Ales, LLC make?
- SeeBITDA estimates Heirloom Rustic Ales, LLC's annual revenue at about $1.8M (likely between $1.2M and $2.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Heirloom Rustic Ales, LLC worth?
- About $1.1M, roughly 3× its estimated EBITDA of $381K, typical for a breweries company its size. Likely range: $601K–$1.6M.
- How many employees does Heirloom Rustic Ales, LLC have?
- About 8, as reported on its PPP loan.
- When was Heirloom Rustic Ales, LLC founded?
- Heirloom Rustic Ales, LLC has been in business since 2017.