Litty Painting Inc
How we got $190K
Based on its 3 employees and its payroll, both reported for PPP in 2021 and brought up to date.
Estimated value over time
▲ 16% since 2021Today'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 |
|---|---|---|
| LITTY PAINTING INC this business | $665K | — |
| MICHAEL POSTLETHWAITE Lindsay · 1 employees | $345K | 1.0 mi |
| COMFORT FOAM, LLC Maysville · 5 employees | $2.5M | 9.9 mi |
| HINES TRIMWORKS HOMES & CONSTRUCTION, LLC Maysville · 6 employees | $2.7M | 10.5 mi |
| ADVANCE COMFORT & ENERGY SOLUTIONS LLC Blanchard · 8 employees | $3.9M | 17.4 mi |
| JORDAN WEST Blanchard · 1 employees | $533K | 17.8 mi |
| ED ROBINS' CABINET SHOP LLC Purcell · 1 employees | $196K | 17.9 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $769K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $443K |
| Estimate: the two combined (geometric mean) | $665K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $100K |
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 | $190K |
| Multiple for this size and industry | 1.9× |
| Value range | $100K – $260K |
| Revenue range | $437K – $758K |
| EBITDA range | $66K – $114K |
| Industry (NAICS) | Painting and Wall Covering Contractors (238320) |
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
- BankingThe State Bank of WynnewoodPPP / 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 Roles are as stated there and may be out of date.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
| The State Bank of Wynnewood PPP 2021 | All 36 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/9/2021 | first | $11K | 3 |
| 4/26/2021 | second | $11K | 3 |
About Litty Painting Inc
Litty Painting Inc is a painting contractors company in Lindsay, Oklahoma. Its estimated annual revenue is about $665K, with roughly $100K of EBITDA. It has about 3 employees. Its estimated business value is $190K (likely range $100K–$260K).
Common questions
- Who owns Litty Painting Inc?
- The owner of Litty Painting Inc 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 Litty Painting Inc make?
- SeeBITDA estimates Litty Painting Inc's annual revenue at about $665K (likely between $437K and $758K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Litty Painting Inc worth?
- About $190K, roughly 1.9× its estimated EBITDA of $100K, typical for a painting contractors company its size. Likely range: $100K–$260K.
- How many employees does Litty Painting Inc have?
- About 3, as reported on its PPP loan.