Joats Services Inc
How we got $403K
Based on its 6 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 18% since 2021Today'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 | $1.8M | — |
| OKLAHOMA PROTECTIVE COATINGS LLC Chickasha · 7 employees | $2.0M | 3.4 mi |
| JOATS SERVICES, INC Chickasha · 6 employees | $1.9M | 3.4 mi |
| PERFORMANCE ENERGY & CONSTRUCTION, INC. Chickasha · 5 employees | $2.6M | 7.7 mi |
| PARHAM MAINTENANCE & TILE USA, INC Chickasha · 4 employees | $1.5M | 11.2 mi |
| JORDAN WEST Blanchard · 1 employees | $533K | 18.0 mi |
| ADVANCE COMFORT & ENERGY SOLUTIONS LLC Blanchard · 8 employees | $3.9M | 18.6 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) | $1.5M |
| Estimate: the two combined (geometric mean) | $1.8M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $212K |
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 | $403K |
| Multiple for this size and industry | 1.9× |
| Value range | $212K – $552K |
| Revenue range | $1.2M – $2.1M |
| EBITDA range | $140K – $242K |
| 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
History & 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 Roles are as stated there and may be out of date.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 2021 | All 430 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/21/2021 | second | $46K | 6 |
About Joats Services Inc
Joats Services Inc is an other building finishing contractors company in Ninnekah, Oklahoma. Its estimated annual revenue is about $1.8M, with roughly $212K of EBITDA. It has about 6 employees. Its estimated business value is $403K (likely range $212K–$552K).
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 $1.8M (likely between $1.2M and $2.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Joats Services Inc worth?
- About $403K, roughly 1.9× its estimated EBITDA of $212K, typical for a other building finishing contractors company its size. Likely range: $212K–$552K.
- How many employees does Joats Services Inc have?
- About 6, as reported on its PPP loan.