North Corporation
How we got $2.1M
Based on its 5 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 16% since 2021Today'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 |
|---|---|---|
| NORTH CORPORATION this business | $12.9M | — |
| EVERGREEN ENTERPRISES, INC. Oklahoma City · 20 employees | $37.4M | 1.5 mi |
| L&H BEAN SPROUT Oklahoma City · 10 employees | $18.1M | 3.3 mi |
| K&G FISH COMPANY Oklahoma City · 10 employees | $25.7M | 3.5 mi |
| KING WHOLESALE LLC Oklahoma City · 5 employees | $5.2M | 3.5 mi |
| ROUTE 66 PROVISIONS, LLC Oklahoma City · 29 employees | $33.5M | 3.6 mi |
| PERFECTVAPE, LLC Oklahoma City · 34 employees | $42.6M | 3.7 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $8.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $15.3M |
| Estimate: the two combined (geometric mean) | $12.9M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $582K |
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 | 3.6× |
| Value range | $1.1M – $2.9M |
| Revenue range | $8.5M – $14.7M |
| EBITDA range | $383K – $663K |
| Industry (NAICS) | General Line Grocery Merchant Wholesalers (424410) |
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
- BankingItria Ventures LLCPPP / 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 Roles are as stated there and may be out of date.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
| Itria Ventures LLC PPP 2021 | All 196 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/23/2021 | first | $76K | 5 |
About North Corporation
North Corporation is a general line grocery merchant wholesalers company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $12.9M, with roughly $582K of EBITDA. It has about 5 employees. Its estimated business value is $2.1M (likely range $1.1M–$2.9M).
Common questions
- Who owns North Corporation?
- The owner of North Corporation 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 North Corporation make?
- SeeBITDA estimates North Corporation's annual revenue at about $12.9M (likely between $8.5M and $14.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is North Corporation worth?
- About $2.1M, roughly 3.6× its estimated EBITDA of $582K, typical for a general line grocery merchant wholesalers company its size. Likely range: $1.1M–$2.9M.
- How many employees does North Corporation have?
- About 5, as reported on its PPP loan.