Lil Bit of Paradise 2
How we got $23.0M
Based on its 29 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 26% 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 |
|---|---|---|
| LIL BIT OF PARADISE 2 this business | $15.5M | — |
| 7 CLANS PARADISE CASINO Red Rock · 119 employees | $41.0M | 0.8 mi |
| HaT Ranch Lodge-Osage County, Oklahoma Ponca City | $1.9M | 13.0 mi |
| Honey Hole RV Park LLC Ponca City | $1.9M | 13.1 mi |
| Double N Motel Ponca City | $1.9M | 13.5 mi |
| Guest Inn Ponca City | $1.9M | 14.6 mi |
| Americas Best Value Inn Ponca City Ponca City | $1.9M | 14.6 mi |
The full calculation
| Employees reported to the SBA | 29 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $15.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $12.4M |
| Estimate: the two combined (geometric mean) | $15.5M |
| EBITDA margin (industry, adjusted for size) | 21% |
| EBITDA = revenue × margin | $3.2M |
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 | $23.0M |
| Multiple for this size and industry | 7.2× |
| Value range | $12.1M – $31.5M |
| Revenue range | $10.2M – $17.7M |
| EBITDA range | $2.1M – $3.6M |
| Industry (NAICS) | Casino Hotels (721120) |
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
- BankingEquity 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 Roles are as stated there and may be out of date.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
| Equity Bank PPP 2020 | All 375 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $199K | 29 |
About Lil Bit of Paradise 2
Lil Bit of Paradise 2 is a hotels & motels company in Red Rock, Oklahoma. Its estimated annual revenue is about $15.5M, with roughly $3.2M of EBITDA. It has about 29 employees. Its estimated business value is $23.0M (likely range $12.1M–$31.5M).
Common questions
- Who owns Lil Bit of Paradise 2?
- The owner of Lil Bit of Paradise 2 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 Lil Bit of Paradise 2 make?
- SeeBITDA estimates Lil Bit of Paradise 2's annual revenue at about $15.5M (likely between $10.2M and $17.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lil Bit of Paradise 2 worth?
- About $23.0M, roughly 7.2× its estimated EBITDA of $3.2M, typical for a hotels & motels company its size. Likely range: $12.1M–$31.5M.
- How many employees does Lil Bit of Paradise 2 have?
- About 29, as reported on its PPP loan.