Lil Bit of Paradise
How we got $169.8M
Based on its 64 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 15% 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 this business | $116.6M | — |
| TICKEL CROP INSURANCE, LLC Blackwell · 2 employees | $1.5M | 17.0 mi |
| KENNIS WHEELER INSURANCE Ponca City · 3 employees | $1.9M | 19.5 mi |
| DAGENAIS & ASSOCIATES MEDICAL CLINIC, LLC Pawhuska · 3 employees | $5.3M | 44.6 mi |
| Firstitle | Pawhuska Pawhuska | $966K | 44.7 mi |
| WYCHE MURPHY AGENCY, INC Stillwater · 2 employees | $1.5M | 60.1 mi |
| MCBRIDE ENERGY, LLC Stillwater · 1 employees | $543K | 60.5 mi |
The full calculation
| Employees reported to the SBA | 64 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $154.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $67.8M |
| Estimate: the two combined (geometric mean) | $116.6M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $22.6M |
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 | $169.8M |
| Multiple for this size and industry | 7.5× |
| Value range | $89.4M – $232.4M |
| Revenue range | $76.7M – $133.0M |
| EBITDA range | $14.9M – $25.8M |
| Industry (NAICS) | Direct Life Insurance Carriers (524113) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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 Roles are as stated there and may be out of date.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 | $481K | 64 |
About Lil Bit of Paradise
Lil Bit of Paradise is a direct life insurance carriers company in Newkirk, Oklahoma. Its estimated annual revenue is about $116.6M, with roughly $22.6M of EBITDA. It has about 64 employees. Its estimated business value is $169.8M (likely range $89.4M–$232.4M).
Common questions
- Who owns Lil Bit of Paradise?
- The owner of Lil Bit of Paradise 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 make?
- SeeBITDA estimates Lil Bit of Paradise's annual revenue at about $116.6M (likely between $76.7M and $133.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lil Bit of Paradise worth?
- About $169.8M, roughly 7.5× its estimated EBITDA of $22.6M, typical for a direct life insurance carriers company its size. Likely range: $89.4M–$232.4M.
- How many employees does Lil Bit of Paradise have?
- About 64, as reported on its PPP loan.