Laster/Castor Corporation
How we got $2.2M
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 38% 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 |
|---|---|---|
| LASTER/CASTOR CORPORATION this business | $4.5M | — |
| RESOLUTION POLYMERS LLC Tulsa | $1.6M | 2.8 mi |
| TULSA POWDER COATING, INC Tulsa · 10 employees | $5.7M | 5.4 mi |
| EATON INDUSTRIAL COATING, LLC Tulsa · 15 employees | $9.8M | 5.6 mi |
| QUALITY STEEL COATINGS CORP. Tulsa · 12 employees | $11.9M | 5.8 mi |
| SOONER COATING, LLC Catoosa · 13 employees | $9.6M | 5.8 mi |
| ANCHOR PAINT MFG. CO. INC Tulsa · 60 employees | $43.7M | 6.1 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.9M |
| Estimate: the two combined (geometric mean) | $4.5M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $581K |
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 | $2.2M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.2M – $3.0M |
| Revenue range | $3.0M – $5.1M |
| EBITDA range | $382K – $662K |
| Industry (NAICS) | Paint and Coating Manufacturing (325510) |
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
- BankingRCB 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 Roles are as stated there and may be out of date.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
| RCB Bank PPP 2020, PPP 2021 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $70K | 6 |
| 3/20/2021 | second | $60K | 6 |
About Laster/Castor Corporation
Laster/Castor Corporation is a paint and coating manufacturing company in Tulsa, Oklahoma. Its estimated annual revenue is about $4.5M, with roughly $581K of EBITDA. It has about 6 employees. Its estimated business value is $2.2M (likely range $1.2M–$3.0M).
Common questions
- Who owns Laster/Castor Corporation?
- The owner of Laster/Castor Corporation 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 Laster/Castor Corporation make?
- SeeBITDA estimates Laster/Castor Corporation's annual revenue at about $4.5M (likely between $3.0M and $5.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Laster/Castor Corporation worth?
- About $2.2M, roughly 3.8× its estimated EBITDA of $581K, typical for a paint and coating manufacturing company its size. Likely range: $1.2M–$3.0M.
- How many employees does Laster/Castor Corporation have?
- About 6, as reported on its PPP loan.