Joats Services, Inc
How we got $427K
Based on its 6 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 15 years (since 2011)
From public records and the company's website, not a statement that it's for sale.
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 |
|---|---|---|
| JOATS SERVICES, INC this business | $1.9M | — |
| OKLAHOMA PROTECTIVE COATINGS LLC Chickasha · 7 employees | $2.0M | 0.0 mi |
| JOATS SERVICES INC Ninnekah · 6 employees | $1.8M | 3.4 mi |
| PERFORMANCE ENERGY & CONSTRUCTION, INC. Chickasha · 5 employees | $2.6M | 8.3 mi |
| PARHAM MAINTENANCE & TILE USA, INC Chickasha · 4 employees | $1.5M | 9.5 mi |
| JORDAN WEST Blanchard · 1 employees | $533K | 14.7 mi |
| ADVANCE COMFORT & ENERGY SOLUTIONS LLC Blanchard · 8 employees | $3.9M | 15.3 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.7M |
| Estimate: the two combined (geometric mean) | $1.9M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $225K |
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 | $427K |
| Multiple for this size and industry | 1.9× |
| Value range | $225K – $585K |
| Revenue range | $1.3M – $2.2M |
| EBITDA range | $148K – $256K |
| Industry (NAICS) | Other Building Finishing Contractors (238390) |
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
- BankingLiberty National 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
| Liberty National Bank PPP 2020 | All 430 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $52K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Joats Services, Inc
Joats Services, Inc is an other building finishing contractors company in Chickasha, Oklahoma, in business since 2011. Its estimated annual revenue is about $1.9M, with roughly $225K of EBITDA. It has about 6 employees. Its estimated business value is $427K (likely range $225K–$585K).
Common questions
- Who owns Joats Services, Inc?
- The owner of Joats Services, 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 Joats Services, Inc make?
- SeeBITDA estimates Joats Services, Inc'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 Joats Services, Inc worth?
- About $427K, roughly 1.9× its estimated EBITDA of $225K, typical for a other building finishing contractors company its size. Likely range: $225K–$585K.
- How many employees does Joats Services, Inc have?
- About 6, as reported on its PPP loan.
- When was Joats Services, Inc founded?
- Joats Services, Inc has been in business since 2011.