Jt Paint and Design, LLC
- John ThompsonFounder · Company website
- Sam SchleppCo-Owner · Company website
- Alison LoweOffice Manager · Company website
How we got $1.9M
Based on its 22 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 20 years (since 2006)
From public records and the company's website, not a statement that it's for sale.
What they do
JT Paint & Design is a painting company offering residential interior and exterior painting, cabinet finishing, and commercial painting for homeowners and builders in the Green Country area.
From the company's website. Industry: Painting contractors.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- WILLIAMS CONSTRUCTION CO · Pryor, 48 mi · $196.8M
- THE ROSS GROUP · Tulsa, 39 mi · $167.3M
- GREEN COUNTRY INTERIORS INC · Tulsa, 44 mi · $138.5M
- BREWER CONSTRUCTION COMPANY OF EASTERN OKLAHOMA INC · Chouteau, 50 mi · $125.6M
- COWEN CONSTRUCTION, INC · Tulsa, 41 mi · $75.2M
Estimated value over time
▲ 21% 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 |
|---|---|---|
| JT PAINT AND DESIGN, LLC this business | $6.3M | — |
| MCELYEA CUSTOM WOODWORKING Bartlesville · 2 employees | $580K | 1.6 mi |
| TANNER VILES PAINTING INC Bartlesville · 1 employees | $334K | 2.5 mi |
| LEONARDO AGUIRRE BARRON Bartlesviille · 1 employees | $346K | 2.5 mi |
| CLIFF'S FLOORING AND WINDOWS Bartlesville · 4 employees | $2.0M | 3.2 mi |
| ARCHITECTURAL FABRICATORS CO., INC. Bartlesville · 21 employees | $6.7M | 3.9 mi |
| OVERHEAD DOOR SPECIALISTS LLC Bartlesville · 5 employees | $1.8M | 4.5 mi |
The full calculation
| Employees reported to the SBA | 22 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.2M |
| Estimate: the two combined (geometric mean) | $6.3M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $666K |
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 | $1.9M |
| Multiple for this size and industry | 2.8× |
| Value range | $981K – $2.6M |
| Revenue range | $4.1M – $7.2M |
| EBITDA range | $438K – $759K |
| Industry (NAICS) | Painting and Wall Covering Contractors (238320) |
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
History & advisors
“John started a new company, JT PAINT & DESIGN, with the same proven systems and customer service.”
Advisors
- BankingBancFirstPPP / 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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $177K | 22 |
3 locations
| 2245 SE Washington Blvd, Ste A | Bartlesville | This listing |
| 503 E 16th St Ste I | Owasso | View |
| 1207 S Lewis Ave Ste C-243 | Tulsa | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Jt Paint and Design, LLC
Jt Paint and Design, LLC is a painting contractors company in Bartlesville, Oklahoma, in business since 2006. It is owned by J.R. Smithee (Co-Owner). Its estimated annual revenue is about $6.3M, with roughly $666K of EBITDA. It has about 22 employees. Its estimated business value is $1.9M (likely range $981K–$2.6M). It has 3 locations.
Common questions
- Who owns Jt Paint and Design, LLC?
- Jt Paint and Design, LLC is owned by J.R. Smithee (Co-Owner), according to public sources such as the company's website or filings.
- How much revenue does Jt Paint and Design, LLC make?
- SeeBITDA estimates Jt Paint and Design, LLC's annual revenue at about $6.3M (likely between $4.1M and $7.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Jt Paint and Design, LLC worth?
- About $1.9M, roughly 2.8× its estimated EBITDA of $666K, typical for a painting contractors company its size. Likely range: $981K–$2.6M.
- How many employees does Jt Paint and Design, LLC have?
- About 22, as reported on its PPP loan.
- When was Jt Paint and Design, LLC founded?
- Jt Paint and Design, LLC has been in business since 2006.