Lapat Enterprises
How we got $1.6M
Based on its 70 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 29% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LAPAT ENTERPRISES this business | $6.7M | — |
| LAPAT ENTERPRISES LTD PARTNERSHIP Piedmont · 65 employees | $5.5M | 0.0 mi |
| ANHEM LLC Piedmont · 5 employees | $677K | 1.2 mi |
| PIEDMONT CUISINE INC Piedmont · 15 employees | $1.6M | 3.0 mi |
| Catfish Cove Piedmont | $1.7M | 3.0 mi |
| Grounds 4 Compassion Piedmont Piedmont | $1.7M | 3.1 mi |
| Sharp's BBQ Piedmont | $1.7M | 3.1 mi |
The full calculation
| Employees reported to the SBA | 70 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.0M |
| Estimate: the two combined (geometric mean) | $6.7M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $606K |
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 | $1.6M |
| Multiple for this size and industry | 2.6× |
| Value range | $829K – $2.2M |
| Revenue range | $4.4M – $7.7M |
| EBITDA range | $399K – $691K |
| Industry (NAICS) | Limited-Service Restaurants (722513) |
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
Advisors
- BankingInterBankPPP / 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 Roles are as stated there and may be out of date.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
| InterBank PPP 2020 | All 585 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $209K | 70 |
About Lapat Enterprises
Lapat Enterprises is a restaurants company in Piedmont, Oklahoma. Its estimated annual revenue is about $6.7M, with roughly $606K of EBITDA. It has about 70 employees. Its estimated business value is $1.6M (likely range $829K–$2.2M).
Common questions
- Who owns Lapat Enterprises?
- The owner of Lapat Enterprises 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 Lapat Enterprises make?
- SeeBITDA estimates Lapat Enterprises's annual revenue at about $6.7M (likely between $4.4M and $7.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lapat Enterprises worth?
- About $1.6M, roughly 2.6× its estimated EBITDA of $606K, typical for a restaurants company its size. Likely range: $829K–$2.2M.
- How many employees does Lapat Enterprises have?
- About 70, as reported on its PPP loan.