Icandee Refinishing LLC
How we got $419K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 24% 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 |
|---|---|---|
| ICANDEE REFINISHING LLC this business | $1.9M | — |
| BOTANAC, LLC Oklahoma City · 2 employees | $815K | 2.9 mi |
| WILSON MAT INC Oklahoma City · 1 employees | $352K | 5.7 mi |
| FABRICS UNLIMITED LLC Oklahoma City · 7 employees | $2.3M | 6.2 mi |
| UKAG INC Norman · 24 employees | $4.2M | 22.1 mi |
| NOM DE PLUME LLC Norman · 10 employees | $2.8M | 24.7 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.9M |
| Estimate: the two combined (geometric mean) | $1.9M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $168K |
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 | $419K |
| Multiple for this size and industry | 2.5× |
| Value range | $221K – $574K |
| Revenue range | $1.3M – $2.2M |
| EBITDA range | $110K – $191K |
| Industry (NAICS) | Broadwoven Fabric Mills (313210) |
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
Advisors
- BankingBMO 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 Roles are as stated there and may be out of date.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
| BMO Bank National Association PPP 2020 | All 119 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/7/2020 | first | $37K | 3 |
About Icandee Refinishing LLC
Icandee Refinishing LLC is a broadwoven fabric mills company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $1.9M, with roughly $168K of EBITDA. It has about 3 employees. Its estimated business value is $419K (likely range $221K–$574K).
Common questions
- Who owns Icandee Refinishing LLC?
- The owner of Icandee Refinishing 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 Icandee Refinishing LLC make?
- SeeBITDA estimates Icandee Refinishing LLC's annual revenue at about $1.9M (likely between $1.3M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Icandee Refinishing LLC worth?
- About $419K, roughly 2.5× its estimated EBITDA of $168K, typical for a broadwoven fabric mills company its size. Likely range: $221K–$574K.
- How many employees does Icandee Refinishing LLC have?
- About 3, as reported on its PPP loan.