Locke and Nail, LLP
How we got $312K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 57% 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 |
|---|---|---|
| LOCKE AND NAIL, LLP this business | $984K | — |
| LOCK AND NAIL LLP Broken Arrow · 3 employees | $871K | 0.0 mi |
| Pro Touch Auto Repair Broken Arrow | $1.4M | 0.0 mi |
| PRUITTS DIESEL & AUTO LLC Broken Arrow · 1 employees | $217K | 0.1 mi |
| MICHAEL VANDIVER & ASSOCIATES, INC. Broken Arrow · 2 employees | $561K | 0.1 mi |
| Country Boy Garage Broken Arrow | $1.4M | 0.1 mi |
| Ralston's Muffler Broken Arrow | $1.4M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $758K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $983K |
| Estimate: the two combined (geometric mean) | $984K |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $136K |
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 | $312K |
| Multiple for this size and industry | 2.3× |
| Value range | $164K – $427K |
| Revenue range | $647K – $1.1M |
| EBITDA range | $89K – $155K |
| Industry (NAICS) | General Automotive Repair (811111) |
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
People & advisors
Advisors
- BankingAVB 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 Roles are as stated there and may be out of date.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
| AVB Bank PPP 2020 | All 309 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $27K | 3 |
About Locke and Nail, LLP
Locke and Nail, LLP is an auto repair company in Broken Arrow, Oklahoma. Its estimated annual revenue is about $984K, with roughly $136K of EBITDA. It has about 3 employees. Its estimated business value is $312K (likely range $164K–$427K).
Common questions
- Who owns Locke and Nail, LLP?
- The owner of Locke and Nail, LLP 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 Locke and Nail, LLP make?
- SeeBITDA estimates Locke and Nail, LLP's annual revenue at about $984K (likely between $647K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Locke and Nail, LLP worth?
- About $312K, roughly 2.3× its estimated EBITDA of $136K, typical for a auto repair company its size. Likely range: $164K–$427K.
- How many employees does Locke and Nail, LLP have?
- About 3, as reported on its PPP loan.