Jeff Lungren Chevrolet, Inc
How we got $5.6M
Based on its 27 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 23 years (since 2003)
From public records and the company's website, not a statement that it's for sale.
What they do
Jeff Lungren Chevrolet is a Chevrolet dealership in Grove, Oklahoma that sells new and used vehicles, provides service and parts, and offers financing to drivers in Northeast Oklahoma and nearby areas.
From the company's website. Industry: Car dealers.
Customers & suppliers
Suppliers & brands
- Chevrolet · brand it sells or installs
- GM · brand it sells or installs
Estimated value over time
▲ 19% 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
▼ 22% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 27 | $26.3M |
| 2020 | Form 5500 | 22 | $21.5M |
| 2021 | Form 5500 | 19 | $18.5M |
| 2022 | Form 5500 | 19 | $18.5M |
| 2023 | Form 5500 | 21 | $20.5M |
| 2024 | Form 5500 | 18 | $17.6M |
| 2025 | Form 5500 | 21 | $20.5M |
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 |
|---|---|---|
| JEFF LUNGREN CHEVROLET, INC this business | $38.0M | — |
| Car-Mart of Grove Grove | $22.7M | 0.1 mi |
| Delaware County Car Sales & Consignment Grove | $22.7M | 0.2 mi |
| Grand Power Sports Grove | $22.7M | 0.3 mi |
| Ingle Auto Grove | $22.7M | 0.6 mi |
| C Moore Cars Grove | $22.7M | 0.9 mi |
| Fat Dog Trailer Sales, Llc Grove | $22.7M | 1.7 mi |
The full calculation
| Employees reported to the SBA | 27 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $34.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $32.3M |
| Estimate: the two combined (geometric mean) | $38.0M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $1.6M |
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 | $5.6M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.9M – $7.7M |
| Revenue range | $25.0M – $43.4M |
| EBITDA range | $1.0M – $1.8M |
| Industry (NAICS) | New Car Dealers (441110) |
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
Leadership
- SFStephanie FlorerSigned for the company · 2025 retirement-plan filing (Form 5500)
Advisors
- BankingBank of Grand LakePPP / 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
| Bank of Grand Lake PPP 2020 | All 112 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 | $285K | 27 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Jeff Lungren Chevrolet, Inc
Jeff Lungren Chevrolet, Inc is a car dealers company in Grove, Oklahoma, in business since 2003. Its estimated annual revenue is about $38.0M, with roughly $1.6M of EBITDA. It has about 21 employees. Its estimated business value is $5.6M (likely range $2.9M–$7.7M).
Common questions
- Who owns Jeff Lungren Chevrolet, Inc?
- The owner of Jeff Lungren Chevrolet, 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 Jeff Lungren Chevrolet, Inc make?
- SeeBITDA estimates Jeff Lungren Chevrolet, Inc's annual revenue at about $38.0M (likely between $25.0M and $43.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Jeff Lungren Chevrolet, Inc worth?
- About $5.6M, roughly 3.6× its estimated EBITDA of $1.6M, typical for a car dealers company its size. Likely range: $2.9M–$7.7M.
- How many employees does Jeff Lungren Chevrolet, Inc have?
- About 21, from its 2025 retirement-plan filing.
- When was Jeff Lungren Chevrolet, Inc founded?
- Jeff Lungren Chevrolet, Inc has been in business since 2003.