Nipa, Inc.
How we got $1.2M
Based on 27 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 36% 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 |
|---|---|---|
| NIPA, INC. this business | $2.1M | — |
| MASSAYS DANCESTAR PRODUCTIONS Norman · 14 employees | $1.1M | 0.2 mi |
| STAGE ONE NATIONAL DANCE COMPETITIONS, INC. Norman · 22 employees | $2.1M | 0.2 mi |
| CKLC LLC Norman · 35 employees | $5.0M | 0.6 mi |
| THE DANCENTER STUDIO OF PERFORMING ARTS Norman · 1 employees | $261K | 0.8 mi |
| Mathnasium Norman | $681K | 1.0 mi |
| VISION MARTIAL ARTS ACADEMY LLC Norman · 9 employees | $912K | 1.2 mi |
The full calculation
| Employees reported to the SBA | 27 |
| Industry revenue per employee | $54K |
| Revenue = employees × revenue per employee | $2.1M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $386K |
| Cross-check: revenue implied by PPP payroll | $448K |
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 | $1.2M |
| Multiple for this size and industry | 3.2× |
| Value range | $585K – $1.8M |
| Revenue range | $1.2M – $2.4M |
| EBITDA range | $228K – $457K |
| Industry (NAICS) | Fine Arts Schools (611610) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingArmstrong BankPPP / 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 Roles are as stated there and may be out of date.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
| Armstrong Bank PPP 2020 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $20K | 27 |
About Nipa, Inc.
Nipa, Inc. is a fine arts schools company in Norman, Oklahoma. Its estimated annual revenue is about $2.1M, with roughly $386K of EBITDA. It has about 27 employees. Its estimated business value is $1.2M (likely range $585K–$1.8M).
Common questions
- Who owns Nipa, Inc.?
- The owner of Nipa, 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 Nipa, Inc. make?
- SeeBITDA estimates Nipa, Inc.'s annual revenue at about $2.1M (likely between $1.2M and $2.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Nipa, Inc. worth?
- About $1.2M, roughly 3.2× its estimated EBITDA of $386K, typical for a fine arts schools company its size. Likely range: $585K–$1.8M.
- How many employees does Nipa, Inc. have?
- About 27, as reported on its PPP loan.