Marine Holding Corp.
How we got $1.9M
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 47% 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 |
|---|---|---|
| MARINE HOLDING CORP. this business | $7.2M | — |
| KELLY'S MONUMENTS OF HENRYETTA Henryetta · 2 employees | $2.7M | 11.7 mi |
| HOLLEMAN IRON & METAL COMPANY, LLC Okmulgee · 8 employees | $4.9M | 24.6 mi |
| CAMCO PROMOTIONAL PRODUCTS Stuart · 2 employees | $2.7M | 24.8 mi |
| BIG MAC MARINE LLC Eufaula · 4 employees | $3.4M | 27.9 mi |
| SIGNS BY JADE, LLC Mcalester · 1 employees | $1.3M | 28.4 mi |
| NICHOLS MARINE SE OK Mcalester · 4 employees | $4.8M | 29.8 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.5M |
| Estimate: the two combined (geometric mean) | $7.2M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $529K |
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 | 3.6× |
| Value range | $1.0M – $2.6M |
| Revenue range | $4.7M – $8.2M |
| EBITDA range | $348K – $603K |
| Industry (NAICS) | Sporting and Recreational Goods and Supplies Merchant Wholesalers (423910) |
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. 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
- BankingFirst National Bank & Trust Company of McAlesterPPP / 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 Roles are as stated there and may be out of date.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
| First National Bank & Trust Company of McAlester PPP 2020 | All 248 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 | $69K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Marine Holding Corp.
Marine Holding Corp. is a sporting and recreational goods and supplies merchant wholesalers company in Dustin, Oklahoma. It is owned by Donald Darnell. Its estimated annual revenue is about $7.2M, with roughly $529K of EBITDA. It has about 9 employees. Its estimated business value is $1.9M (likely range $1.0M–$2.6M).
Common questions
- Who owns Marine Holding Corp.?
- Marine Holding Corp. is owned by Donald Darnell, according to public sources such as the company's website or filings.
- How much revenue does Marine Holding Corp. make?
- SeeBITDA estimates Marine Holding Corp.'s annual revenue at about $7.2M (likely between $4.7M and $8.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Marine Holding Corp. worth?
- About $1.9M, roughly 3.6× its estimated EBITDA of $529K, typical for a sporting and recreational goods and supplies merchant wholesalers company its size. Likely range: $1.0M–$2.6M.
- How many employees does Marine Holding Corp. have?
- About 9, as reported on its PPP loan.