Mid America Painting Inc
How we got $269K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 47 years (since 1979)
From public records and the company's website, not a statement that it's for sale.
What they do
Mid America Painters, Inc. applies high performance protective coatings for industrial assets, serving the industry since 1979. It specializes in epoxy and polyurethane systems for highway and railroad bridges, and internal and external coatings for storage tanks, pipelines and petrochemical industries.
From the company's website. Industry: Painting contractors.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- HODGES TRANSPORTATION INC · Tulsa, 41 mi · $11.4M
- EL ARCO INC · Tulsa, 35 mi · $4.1M
- ARLAN RECEIVING DELIVERY AND STORAGE, INC. · Tulsa, 35 mi · $2.0M
- ALLIED CONTAINER SALES, LLC · Tulsa, 40 mi · $936K
- FIVE R INC · Tulsa, 36 mi · $897K
Estimated value over time
▲ 21% 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 |
|---|---|---|
| MID AMERICA PAINTING INC this business | $1.1M | — |
| MUSKOGEE CABINET & TRIM, LLC Muskogee · 11 employees | $3.3M | 0.6 mi |
| R.C. AND T.B. ENTERPRISES, LLC Muskogee · 3 employees | $1.0M | 1.4 mi |
| M&M FLOORING INSTALLATION LLC Muskogee · 3 employees | $1.5M | 1.5 mi |
| NELSON FURNITURE CO, INC Muskogee · 2 employees | $916K | 1.6 mi |
| EASTERN SHEET METAL CO INC Muskogee · 1 employees | $336K | 1.9 mi |
| JCBATTENFIELD LLC Muskogee · 1 employees | $340K | 2.0 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $914K |
| Estimate: the two combined (geometric mean) | $1.1M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $142K |
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 | $269K |
| Multiple for this size and industry | 1.9× |
| Value range | $142K – $368K |
| Revenue range | $726K – $1.3M |
| EBITDA range | $93K – $161K |
| 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
People & advisors
Advisors
- BankingBOKF, National AssociationPPP / 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
| BOKF, National Association PPP 2020, PPP 2021 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $23K | 4 |
| 2/13/2021 | second | $23K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Mid America Painting Inc
Mid America Painting Inc is a painting contractors company in Muskogee, Oklahoma, in business since 1979. Its estimated annual revenue is about $1.1M, with roughly $142K of EBITDA. It has about 4 employees. Its estimated business value is $269K (likely range $142K–$368K).
Common questions
- Who owns Mid America Painting Inc?
- The owner of Mid America 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 Mid America Painting Inc make?
- SeeBITDA estimates Mid America Painting Inc's annual revenue at about $1.1M (likely between $726K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Mid America Painting Inc worth?
- About $269K, roughly 1.9× its estimated EBITDA of $142K, typical for a painting contractors company its size. Likely range: $142K–$368K.
- How many employees does Mid America Painting Inc have?
- About 4, as reported on its PPP loan.
- When was Mid America Painting Inc founded?
- Mid America Painting Inc has been in business since 1979.