Old Hat Design Company, LLC
How we got $1.0M
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 Unlikely to sell soon
- In business 21 years (since 2005)
From public records and the company's website, not a statement that it's for sale.
What they do
Old Hat Creative is a full-service creative agency with sports and corporate work, based in Norman, OK. The page lists work categories including finance, education, corporate and nonprofit.
From the company's website. Industry: Marketing Research and Public Opinion Polling.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- LIFE. CHURCH OPERATIONS, LLC · Edmond, 30 mi · $116.4M
- OKLAHOMA CITY BOATHOUSE FOUNDATION · Oklahoma City, 17 mi · $68.4M
- THE EPISCOPAL DIOCESES OF OKLAHOMA, INC. · Oklahoma City, 18 mi · $62.6M
- CROSSINGS COMMUNITY CHURCH, INC · Oklahoma City, 20 mi · $52.1M
- COMMUNITIES FOUNDATION OF OKLAHOMA · Oklahoma City, 22 mi · $48.7M
Estimated value over time
▲ 11% 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 |
|---|---|---|
| OLD HAT DESIGN COMPANY, LLC this business | $1.9M | — |
| VENDOR ASSURANCE TECHNOLOGIES Norman · 2 employees | $936K | 0.1 mi |
| RED STILETTO PHOTOGRAPHY, LLC Norman · 5 employees | $1.0M | 0.2 mi |
| SHEVAUN WILLIAMS & ASSOCIATES, INC. Norman · 3 employees | $1.1M | 0.3 mi |
| CLIFFORD APPRAISALS Norman · 4 employees | $1.1M | 0.3 mi |
| CASSO LAND & IMAGING SERVICES LLC Norman · 1 employees | $616K | 0.4 mi |
| PICS INC Norman · 1 employees | $230K | 0.7 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.4M |
| Estimate: the two combined (geometric mean) | $1.9M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $341K |
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 | $1.0M |
| Multiple for this size and industry | 3× |
| Value range | $538K – $1.4M |
| Revenue range | $1.2M – $2.2M |
| EBITDA range | $224K – $388K |
| Industry (NAICS) | Marketing Research and Public Opinion Polling (541910) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & 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 7(a) 2020, PPP 2020, PPP 2021 | 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 |
|---|---|---|---|
| 4/4/2020 | first | $42K | 4 |
| 1/22/2021 | second | $89K | 3 |
Public records
| Dec 2019 | 7(a) | $329K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Old Hat Design Company, LLC
Old Hat Design Company, LLC is a marketing research and public opinion polling company in Norman, Oklahoma, in business since 2005. Its estimated annual revenue is about $1.9M, with roughly $341K of EBITDA. It has about 4 employees. Its estimated business value is $1.0M (likely range $538K–$1.4M).
Common questions
- Who owns Old Hat Design Company, LLC?
- The owner of Old Hat Design Company, 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 Old Hat Design Company, LLC make?
- SeeBITDA estimates Old Hat Design Company, LLC's annual revenue at about $1.9M (likely between $1.2M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Old Hat Design Company, LLC worth?
- About $1.0M, roughly 3× its estimated EBITDA of $341K, typical for a marketing research and public opinion polling company its size. Likely range: $538K–$1.4M.
- How many employees does Old Hat Design Company, LLC have?
- About 4, as reported on its PPP loan.
- When was Old Hat Design Company, LLC founded?
- Old Hat Design Company, LLC has been in business since 2005.