How we got $651K
Based on its 31 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 29% 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 |
|---|---|---|
| HH III, LLC this business | $3.1M | — |
| McDonald's Perry | $1.7M | 0.0 mi |
| MARIACHI MEXICAN GRILL LLC Perry · 7 employees | $1.3M | 0.1 mi |
| Taco Mayo Perry | $1.7M | 0.1 mi |
| Subway Perry | $1.7M | 0.1 mi |
| Braum's Ice Cream & Dairy Store Perry | $1.7M | 0.1 mi |
| Arby's Perry | $1.7M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 31 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.9M |
| Estimate: the two combined (geometric mean) | $3.1M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $310K |
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 | $651K |
| Multiple for this size and industry | 2.1× |
| Value range | $343K – $891K |
| Revenue range | $2.1M – $3.6M |
| EBITDA range | $204K – $353K |
| Industry (NAICS) | Limited-Service Restaurants (722513) |
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
- BankingExchange Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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
| Exchange Bank and Trust Company PPP 2020 | All 217 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $103K | 31 |
About Hh III, LLC
Hh III, LLC is a restaurants company in Perry, Oklahoma. Its estimated annual revenue is about $3.1M, with roughly $310K of EBITDA. It has about 31 employees. Its estimated business value is $651K (likely range $343K–$891K).
Common questions
- Who owns Hh III, LLC?
- The owner of Hh III, 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 Hh III, LLC make?
- SeeBITDA estimates Hh III, LLC's annual revenue at about $3.1M (likely between $2.1M and $3.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hh III, LLC worth?
- About $651K, roughly 2.1× its estimated EBITDA of $310K, typical for a restaurants company its size. Likely range: $343K–$891K.
- How many employees does Hh III, LLC have?
- About 31, as reported on its PPP loan.