Maxine's Custom Frames, Inc
How we got $226K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 23 years (since 2003)
From public records and the company's website, not a statement that it's for sale.
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MAXINE'S CUSTOM FRAMES, INC this business | $1.4M | — |
| TYPO, LLC Stillwater · 3 employees | $981K | 0.1 mi |
| MCCOLLOMS, INC. Stillwater · 12 employees | $6.0M | 0.9 mi |
| MIRANDA NANCE Arcadia · 1 employees | $575K | 30.9 mi |
| AFTERTHOUGHTS LLC DBA PREMIER BLINDS OR DBA PREMIER BLINDS O Edmond · 4 employees | $3.5M | 38.0 mi |
| WEST EDMOND ROAD OPERATING LLC Edmond · 3 employees | $1.9M | 39.1 mi |
| WEATHERS AUDIO VIDEO INC Edmond · 6 employees | $2.5M | 39.4 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $972K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.5M |
| Estimate: the two combined (geometric mean) | $1.4M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $113K |
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 | $226K |
| Multiple for this size and industry | 2× |
| Value range | $119K – $310K |
| Revenue range | $896K – $1.6M |
| EBITDA range | $74K – $129K |
| 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
People & 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, PPP 2021 | All 248 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $22K | 2 |
| 1/20/2021 | second | $22K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Maxine's Custom Frames, Inc
Maxine's Custom Frames, Inc is a retail trade company in Stillwater, Oklahoma, in business since 2003. It is owned by Maxine Steanson. Its estimated annual revenue is about $1.4M, with roughly $113K of EBITDA. It has about 2 employees. Its estimated business value is $226K (likely range $119K–$310K).
Common questions
- Who owns Maxine's Custom Frames, Inc?
- Maxine's Custom Frames, Inc is owned by Maxine Steanson, according to public sources such as the company's website or filings.
- How much revenue does Maxine's Custom Frames, Inc make?
- SeeBITDA estimates Maxine's Custom Frames, Inc's annual revenue at about $1.4M (likely between $896K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Maxine's Custom Frames, Inc worth?
- About $226K, roughly 2× its estimated EBITDA of $113K, typical for a retail trade company its size. Likely range: $119K–$310K.
- How many employees does Maxine's Custom Frames, Inc have?
- About 2, as reported on its PPP loan.
- When was Maxine's Custom Frames, Inc founded?
- Maxine's Custom Frames, Inc has been in business since 2003.