Innovative Products, Inc
How we got $232K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 18% 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 |
|---|---|---|
| INNOVATIVE PRODUCTS, INC this business | $741K | — |
| OSWALT EQUIPMENT COMPANY Oklahoma City · 36 employees | $17.3M | 1.8 mi |
| COUNTERTOP WERKS, INC Oklahoma City · 9 employees | $2.0M | 3.3 mi |
| HARDWOOD INNOVATIONS, INC. Oklahoma City · 11 employees | $1.9M | 5.6 mi |
| R&P CABINETRY, LLC Oklahoma City · 2 employees | $492K | 6.3 mi |
| TRS CABINETS AND TRIM Yukon · 1 employees | $232K | 6.4 mi |
| COOPER CABINETS INC Oklahoma City · 20 employees | $4.3M | 6.9 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $410K |
| Estimate: the two combined (geometric mean) | $741K |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $89K |
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 | $232K |
| Multiple for this size and industry | 2.6× |
| Value range | $122K – $317K |
| Revenue range | $487K – $845K |
| EBITDA range | $59K – $102K |
| Industry (NAICS) | Institutional Furniture Manufacturing (337127) |
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
- 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 Roles are as stated there and may be out of date.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, PPP 2021 | All 119 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $10K | 2 |
| 2/25/2021 | second | $10K | 2 |
About Innovative Products, Inc
Innovative Products, Inc is an institutional furniture manufacturing company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $741K, with roughly $89K of EBITDA. It has about 2 employees. Its estimated business value is $232K (likely range $122K–$317K).
Common questions
- Who owns Innovative Products, Inc?
- The owner of Innovative Products, Inc 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 Innovative Products, Inc make?
- SeeBITDA estimates Innovative Products, Inc's annual revenue at about $741K (likely between $487K and $845K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Innovative Products, Inc worth?
- About $232K, roughly 2.6× its estimated EBITDA of $89K, typical for a institutional furniture manufacturing company its size. Likely range: $122K–$317K.
- How many employees does Innovative Products, Inc have?
- About 2, as reported on its PPP loan.