I-44 Wings LLC
How we got $898K
Based on its 94 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 26% 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
▼ 34% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 94 | $5.6M |
| 2022 | Form 5500 | 52 | $3.1M |
| 2023 | Form 5500 | 62 | $3.7M |
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| I-44 WINGS LLC this business | $5.4M | — |
| Cajun Corner - Southside OKC Oklahoma City | $990K | 0.0 mi |
| Supreme Taco Truck Oklahoma City | $990K | 0.4 mi |
| El burrito loco Oklahoma City | $990K | 0.4 mi |
| Wayback Burgers Oklahoma City | $990K | 0.4 mi |
| STAR'S FOOD SERVICES, LLC Oklahoma City · 5 employees | $317K | 0.4 mi |
| Godfather's Pizza Express Oklahoma City | $990K | 0.4 mi |
The full calculation
| Employees reported to the SBA | 94 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.1M |
| Estimate: the two combined (geometric mean) | $5.4M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $428K |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has grown 1% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $898K |
| Multiple for this size and industry | 2.1× |
| Value range | $539K – $1.4M |
| Revenue range | $4.0M – $7.0M |
| EBITDA range | $321K – $556K |
| Industry (NAICS) | Full-Service Restaurants (722511) |
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
People & advisors
Advisors
- BankingRCB 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
| RCB Bank PPP 2020 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $303K | 94 |
About I-44 Wings LLC
I-44 Wings LLC is a restaurants company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $5.4M, with roughly $428K of EBITDA. It has about 62 employees. Its estimated business value is $898K (likely range $539K–$1.4M).
Common questions
- Who owns I-44 Wings LLC?
- The owner of I-44 Wings 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 I-44 Wings LLC make?
- SeeBITDA estimates I-44 Wings LLC's annual revenue at about $5.4M (likely between $4.0M and $7.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is I-44 Wings LLC worth?
- About $898K, roughly 2.1× its estimated EBITDA of $428K, typical for a restaurants company its size. Likely range: $539K–$1.4M.
- How many employees does I-44 Wings LLC have?
- About 62, from its 2023 retirement-plan filing.