Covington Credit
How we got $3.0M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Covington Credit this business | $2.1M | — |
| Rackley Insurance - AFR Ardmore | $815K | 0.0 mi |
| Heights Finance Ardmore | $10.6M | 0.0 mi |
| Blake E Riesen Ardmore | $1.1M | 0.2 mi |
| Amber Knight - State Farm Ardmore | $815K | 0.2 mi |
| GIATI LLC Ardmore · 1 employees | $407K | 0.2 mi |
| BARRY L BOWKER INC Ardmore · 3 employees | $745K | 0.2 mi |
The full calculation
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 | $3.0M |
| Multiple for this size and industry | 3.8× |
| Value range | $997K – $4.8M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Finance and insurance businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (37%). Treat these as a rough guide.
| Revenue range | $881K – $2.8M |
| EBITDA range | $328K – $1.1M |
| Industry (NAICS) | Finance and insurance (52) |
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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
2 locations
| 304 S Commerce St | Ardmore | This listing |
| 218 E Main St | Ada | View |
Revenue, profit and value are for the whole company.
About Covington Credit
Covington Credit is a finance and insurance company in Ardmore, Oklahoma. Its estimated annual revenue is about $2.1M, with roughly $787K of EBITDA. Its estimated business value is $3.0M (likely range $997K–$4.8M). It has 2 locations.
Common questions
- Who owns Covington Credit?
- The owner of Covington Credit 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 Covington Credit make?
- SeeBITDA estimates Covington Credit's annual revenue at about $2.1M (likely between $881K and $2.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Covington Credit worth?
- About $3.0M, roughly 3.8× its estimated EBITDA of $787K, typical for a finance and insurance company its size. Likely range: $997K–$4.8M.