Leachco, Inc
How we got $14.6M
Based on its 42 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 29 years (since 1997)
- Headcount down 89% since 2021 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
What they do
Leachco, Inc. creates body pillows, such as the Snoogle and Sleeper Keeper, and baby and child products like cart covers. The pages do not describe its customers beyond shoppers of these products.
From the company's website. Industry: Furniture Merchant Wholesalers.
Estimated value over time
▲ 22% 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.
Employees over time
▼ 90% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 42 | $39.5M |
| 2020 | Form 5500 | 33 | $31.1M |
| 2021 | Form 5500 | 35 | $32.9M |
| 2022 | Form 5500 | 32 | $30.1M |
| 2023 | Form 5500 | 32 | $30.1M |
| 2024 | Form 5500 | 31 | $29.2M |
| 2025 | Form 5500 | 4 | $3.8M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LEACHCO, INC this business | $41.1M | — |
| J J'S FURNITURE AND MOR E LLC Sulphur · 3 employees | $5.3M | 25.3 mi |
| SALT RIVER WOOD CO Seminole · 1 employees | $822K | 31.5 mi |
| ADWON ENTERPRISES, LTD Norman · 9 employees | $8.5M | 53.5 mi |
| MOORE VINTAGE CHARM FURNITURE & DECOR LLC Moore · 2 employees | $3.5M | 58.8 mi |
| Scottrice Oklahoma City | $1.4M | 64.7 mi |
| COMMERCIAL FURNITURE REFINISHERS, LLC. Oklahoma City · 7 employees | $6.5M | 68.9 mi |
The full calculation
| Employees reported to the SBA | 42 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $42.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $30.5M |
| Estimate: the two combined (geometric mean) | $41.1M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $2.8M |
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 | $14.6M |
| Multiple for this size and industry | 5.2× |
| Value range | $7.7M – $20.0M |
| Revenue range | $27.0M – $46.8M |
| EBITDA range | $1.9M – $3.2M |
| Industry (NAICS) | Furniture Merchant Wholesalers (423210) |
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
- BankingCitizens Bank of AdaPPP / 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
| Citizens Bank of Ada PPP 2020, PPP 2021 | All 171 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $395K | 35 |
| 1/16/2021 | second | $395K | 42 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Leachco, Inc
Leachco, Inc is a furniture merchant wholesalers company in Ada, Oklahoma, in business since 1997. It is owned by Clyde Leach (President and Chief Executive Officer). Its estimated annual revenue is about $41.1M, with roughly $2.8M of EBITDA. It has about 4 employees. Its estimated business value is $14.6M (likely range $7.7M–$20.0M).
Common questions
- Who owns Leachco, Inc?
- Leachco, Inc is owned by Clyde Leach (President and Chief Executive Officer), according to public sources such as the company's website or filings.
- How much revenue does Leachco, Inc make?
- SeeBITDA estimates Leachco, Inc's annual revenue at about $41.1M (likely between $27.0M and $46.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Leachco, Inc worth?
- About $14.6M, roughly 5.2× its estimated EBITDA of $2.8M, typical for a furniture merchant wholesalers company its size. Likely range: $7.7M–$20.0M.
- How many employees does Leachco, Inc have?
- About 4, from its 2025 retirement-plan filing.
- When was Leachco, Inc founded?
- Leachco, Inc has been in business since 1997.