Papa's Leather South LLC
How we got $228K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 24% 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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PAPA'S LEATHER SOUTH LLC this business | $709K | — |
| FEISUS LLC Oklahoma City · 8 employees | $3.3M | 0.4 mi |
| ATHLON II, ENTERPRISES, INC. Oklahoma City · 1 employees | $262K | 2.2 mi |
| SHORTY CABOY HATTERY, INC Oklahoma City · 4 employees | $1.2M | 3.8 mi |
| WILLIAM & LAUREN INC Oklahoma City · 1 employees | $171K | 4.7 mi |
| Heritage Bespoke Luxury Suiting Oklahoma City | $1.7M | 5.1 mi |
| OKC APPAREL Moore · 1 employees | $242K | 6.8 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $554K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $698K |
| Estimate: the two combined (geometric mean) | $709K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $91K |
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 | $228K |
| Multiple for this size and industry | 2.5× |
| Value range | $120K – $312K |
| Revenue range | $467K – $809K |
| EBITDA range | $60K – $104K |
| Industry (NAICS) | Cut and Sew Apparel Contractors (315210) |
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
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $28K | 5 |
| 1/23/2021 | second | $16K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Papa's Leather South LLC
Papa's Leather South LLC is a cut and sew apparel contractors company in Oklahoma City, Oklahoma, in business since 2026. Its estimated annual revenue is about $709K, with roughly $91K of EBITDA. It has about 5 employees. Its estimated business value is $228K (likely range $120K–$312K).
Common questions
- Who owns Papa's Leather South LLC?
- The owner of Papa's Leather South 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 Papa's Leather South LLC make?
- SeeBITDA estimates Papa's Leather South LLC's annual revenue at about $709K (likely between $467K and $809K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Papa's Leather South LLC worth?
- About $228K, roughly 2.5× its estimated EBITDA of $91K, typical for a cut and sew apparel contractors company its size. Likely range: $120K–$312K.
- How many employees does Papa's Leather South LLC have?
- About 5, as reported on its PPP loan.
- When was Papa's Leather South LLC founded?
- Papa's Leather South LLC has been in business since 2026.