Lorec Holding Companies, Inc
How we got $1.9M
Based on its 25 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▼ 9% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LOREC HOLDING COMPANIES, INC this business | $10.6M | — |
| FLOOR PRO DISTRIBUTION LLC Oklahoma City · 2 employees | $1.9M | 0.1 mi |
| B&C CARPET COMPANY, INCORPORATED Oklahoma City · 7 employees | $3.9M | 0.5 mi |
| CGT WHOLESALE FLOORING LLC Oklahoma City · 21 employees | $15.8M | 0.7 mi |
| BREWER CARPET ONE OF SARASOTA, LLC Oklahoma City · 7 employees | $4.9M | 0.7 mi |
| BREWER'S CARPET & DESIGN CNTR. Oklahoma City · 118 employees | $84.1M | 0.7 mi |
| BREWER WEST PALM BEACH, LLC Oklahoma City · 11 employees | $7.2M | 0.7 mi |
The full calculation
| Employees reported to the SBA | 25 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.3M |
| Estimate: the two combined (geometric mean) | $10.6M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $639K |
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 | $1.9M |
| Multiple for this size and industry | 3× |
| Value range | $1.0M – $2.6M |
| Revenue range | $7.0M – $12.1M |
| EBITDA range | $420K – $729K |
| Industry (NAICS) | Retail Trade (442299) |
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: approximate sector default. 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
- BankingPrime Bank, Tinker FCUPPP / 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 Roles are as stated there and may be out of date.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
| Prime Bank PPP 2020 | All 79 borrowers → |
| Tinker FCU 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 |
|---|---|---|---|
| 4/6/2020 | first | $137K | 25 |
| 2/8/2021 | second | $150K | 25 |
About Lorec Holding Companies, Inc
Lorec Holding Companies, Inc is a retail trade company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $10.6M, with roughly $639K of EBITDA. It has about 25 employees. Its estimated business value is $1.9M (likely range $1.0M–$2.6M).
Common questions
- Who owns Lorec Holding Companies, Inc?
- The owner of Lorec Holding Companies, 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 Lorec Holding Companies, Inc make?
- SeeBITDA estimates Lorec Holding Companies, Inc's annual revenue at about $10.6M (likely between $7.0M and $12.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lorec Holding Companies, Inc worth?
- About $1.9M, roughly 3× its estimated EBITDA of $639K, typical for a retail trade company its size. Likely range: $1.0M–$2.6M.
- How many employees does Lorec Holding Companies, Inc have?
- About 25, as reported on its PPP loan.