Palmer Auto & Diesel, LLC
How we got $197K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Palmer Auto & Diesel is an auto and diesel repair shop offering quality repairs, routine inspections and warranties to customers. It states it has over 40 years of mechanic experience between them.
From the company's website. Industry: Auto repair.
Estimated value over time
▲ 57% 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 |
|---|---|---|
| PALMER AUTO & DIESEL, LLC this business | $531K | — |
| CLEAR REFLECTIONS COLLISION LLC Cleveland · 1 employees | $299K | 0.2 mi |
| Chuck's Service Station Cleveland | $1.4M | 0.2 mi |
| Bob's Auto Repair Cleveland | $1.4M | 0.3 mi |
| Cleveland Tire Shop Llc Cleveland | $1.4M | 0.5 mi |
| Tiger Pride Car Wash Cleveland | $1.4M | 0.5 mi |
| Keystone Motorsports Cleveland | $1.4M | 0.7 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $505K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $429K |
| Estimate: the two combined (geometric mean) | $531K |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $86K |
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 | $197K |
| Multiple for this size and industry | 2.3× |
| Value range | $104K – $270K |
| Revenue range | $349K – $605K |
| EBITDA range | $56K – $98K |
| Industry (NAICS) | General Automotive Repair (811111) |
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
- BankingAmerican Heritage 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
| American Heritage Bank PPP 2020, PPP 2021 | All 446 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $12K | 2 |
| 2/2/2021 | second | $12K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Palmer Auto & Diesel, LLC
Palmer Auto & Diesel, LLC is an auto repair company in Cleveland, Oklahoma, in business since 2016. Its estimated annual revenue is about $531K, with roughly $86K of EBITDA. It has about 2 employees. Its estimated business value is $197K (likely range $104K–$270K).
Common questions
- Who owns Palmer Auto & Diesel, LLC?
- The owner of Palmer Auto & Diesel, 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 Palmer Auto & Diesel, LLC make?
- SeeBITDA estimates Palmer Auto & Diesel, LLC's annual revenue at about $531K (likely between $349K and $605K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Palmer Auto & Diesel, LLC worth?
- About $197K, roughly 2.3× its estimated EBITDA of $86K, typical for a auto repair company its size. Likely range: $104K–$270K.
- How many employees does Palmer Auto & Diesel, LLC have?
- About 2, as reported on its PPP loan.
- When was Palmer Auto & Diesel, LLC founded?
- Palmer Auto & Diesel, LLC has been in business since 2016.