Performance Equipment Inc.
How we got $1.1M
Based on its 24 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 31% 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 |
|---|---|---|
| PERFORMANCE EQUIPMENT INC. this business | $10.5M | — |
| O'Reilly Auto Parts Woodward | $2.3M | 0.4 mi |
| ROACH PICKUP ACCESSORIES Woodward · 2 employees | $1.1M | 0.9 mi |
| AutoZone Woodward | $2.3M | 1.0 mi |
| NAPA Auto Parts Woodward | $2.3M | 1.3 mi |
| HIGH PLAINS TIRE COMPANY, INC Woodward · 16 employees | $5.8M | 1.4 mi |
| CLARK TIRE LLC Shattuck · 2 employees | $718K | 28.2 mi |
The full calculation
| Employees reported to the SBA | 24 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $9.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $8.6M |
| Estimate: the two combined (geometric mean) | $10.5M |
| EBITDA margin (industry, adjusted for size) | 4% |
| EBITDA = revenue × margin | $460K |
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 | $1.1M |
| Multiple for this size and industry | 2.4× |
| Value range | $581K – $1.5M |
| Revenue range | $6.9M – $11.9M |
| EBITDA range | $303K – $524K |
| Industry (NAICS) | Automotive Parts, Accessories, and Tire Retailers (441310) |
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
- BankingStride Bank, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| Stride Bank, National Association PPP 2020 | All 504 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $178K | 24 |
About Performance Equipment Inc.
Performance Equipment Inc. is an automotive parts, accessories, and tire retailers company in Woodward, Oklahoma. Its estimated annual revenue is about $10.5M, with roughly $460K of EBITDA. It has about 24 employees. Its estimated business value is $1.1M (likely range $581K–$1.5M).
Common questions
- Who owns Performance Equipment Inc.?
- The owner of Performance Equipment Inc. 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 Performance Equipment Inc. make?
- SeeBITDA estimates Performance Equipment Inc.'s annual revenue at about $10.5M (likely between $6.9M and $11.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Performance Equipment Inc. worth?
- About $1.1M, roughly 2.4× its estimated EBITDA of $460K, typical for a automotive parts, accessories, and tire retailers company its size. Likely range: $581K–$1.5M.
- How many employees does Performance Equipment Inc. have?
- About 24, as reported on its PPP loan.