New Spin 360 LLC
How we got $2.1M
Based on its 10 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 19 years (since 2007)
From public records and the company's website, not a statement that it's for sale.
What they do
NEW SPIN 360 offers a virtual reality platform and 360 degree photography service to help communities and businesses around the world.
From the company's website. Industry: Wired and Wireless Telecommunications Carriers (except Satellite).
Estimated value over time
▲ 18% 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 |
|---|---|---|
| NEW SPIN 360 LLC this business | $5.9M | — |
| NODECRAFT, INC. Oklahoma City · 11 employees | $4.0M | 5.5 mi |
| CIBERPATHWAY INC Warr Acres · 5 employees | $3.6M | 7.8 mi |
| HUNTERGREY, LLC Edmond · 1 employees | $416K | 13.3 mi |
| PINGED NETWORKS INC. Yukon · 1 employees | $460K | 13.9 mi |
The full calculation
| Employees reported to the SBA | 10 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.3M |
| Estimate: the two combined (geometric mean) | $5.9M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $562K |
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 | $2.1M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.1M – $2.9M |
| Revenue range | $3.9M – $6.7M |
| EBITDA range | $369K – $640K |
| Industry (NAICS) | Wired and Wireless Telecommunications Carriers (except Satellite) (517110) |
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
“For nineteen years, NewSpin360 has been perfecting a virtual reality platform and 360 degree photography service to help communities and businesses around the world.”
Advisors
- BankingBank of America, 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
| Bank of America, National Association PPP 2020, PPP 2021 | All 1,034 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $134K | 10 |
| 2/20/2021 | second | $134K | 7 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About New Spin 360 LLC
New Spin 360 LLC is a wired and wireless telecommunications carriers (except satellite) company in Oklahoma City, Oklahoma, in business since 2007. Its estimated annual revenue is about $5.9M, with roughly $562K of EBITDA. It has about 10 employees. Its estimated business value is $2.1M (likely range $1.1M–$2.9M).
Common questions
- Who owns New Spin 360 LLC?
- The owner of New Spin 360 LLC 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 New Spin 360 LLC make?
- SeeBITDA estimates New Spin 360 LLC's annual revenue at about $5.9M (likely between $3.9M and $6.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is New Spin 360 LLC worth?
- About $2.1M, roughly 3.8× its estimated EBITDA of $562K, typical for a wired and wireless telecommunications carriers (except satellite) company its size. Likely range: $1.1M–$2.9M.
- How many employees does New Spin 360 LLC have?
- About 10, as reported on its PPP loan.
- When was New Spin 360 LLC founded?
- New Spin 360 LLC has been in business since 2007.