Panang 2 Thai Restaurant, LLC
How we got $246K
Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 26% 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.
What we know
What they do
Panang 2 Thai Restaurant is an authentic Thai restaurant in Oklahoma City, OK that serves its community with a diverse menu of Thai dishes, offering carryout, delivery and dine-in.
From the company's website. Industry: Restaurants.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PANANG 2 THAI RESTAURANT, LLC this business | $1.3M | — |
| OKLAHOMA CUPCAKES LLC Oklahoma City · 16 employees | $1.5M | 0.0 mi |
| WHICH PJ'S LLC Oklahoma City · 18 employees | $2.4M | 0.0 mi |
| WHICH PJS, LLC Oklahoma City · 21 employees | $2.3M | 0.0 mi |
| Coolgreens - North May Oklahoma City | $1.7M | 0.1 mi |
| Taichi Bubble Tea Oklahoma City | $1.7M | 0.1 mi |
| NHIN-JA SUSHI, LLC Oklahoma City · 15 employees | $1.7M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.1M |
| Estimate: the two combined (geometric mean) | $1.3M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $137K |
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 | $246K |
| Multiple for this size and industry | 1.8× |
| Value range | $130K – $337K |
| Revenue range | $824K – $1.4M |
| EBITDA range | $90K – $156K |
| Industry (NAICS) | Full-Service Restaurants (722511) |
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
History & advisors
Advisors
- BankingFirst National Bank of OklahomaPPP / 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
| First National Bank of Oklahoma PPP 2020 | All 405 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $42K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Panang 2 Thai Restaurant, LLC
Panang 2 Thai Restaurant, LLC is a restaurants company in Oklahoma City, Oklahoma, in business since 2024. Its estimated annual revenue is about $1.3M, with roughly $137K of EBITDA. It has about 12 employees. Its estimated business value is $246K (likely range $130K–$337K).
Common questions
- Who owns Panang 2 Thai Restaurant, LLC?
- The owner of Panang 2 Thai Restaurant, 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 Panang 2 Thai Restaurant, LLC make?
- SeeBITDA estimates Panang 2 Thai Restaurant, LLC's annual revenue at about $1.3M (likely between $824K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Panang 2 Thai Restaurant, LLC worth?
- About $246K, roughly 1.8× its estimated EBITDA of $137K, typical for a restaurants company its size. Likely range: $130K–$337K.
- How many employees does Panang 2 Thai Restaurant, LLC have?
- About 12, as reported on its PPP loan.
- When was Panang 2 Thai Restaurant, LLC founded?
- Panang 2 Thai Restaurant, LLC has been in business since 2024.