Performance Painting Company
How we got $349K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 21% 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 PAINTING COMPANY this business | $1.6M | — |
| KENNY HOMES FLOORING SERVICE, LLC Oklahoma City · 3 employees | $1.1M | 1.8 mi |
| SMITH PAINTING & FINISHING LLC Moore · 10 employees | $2.9M | 2.4 mi |
| SOONER CABINET & TRIM INC Moore · 2 employees | $530K | 2.7 mi |
| MUNSEY INSULATION CORPORATION Moore · 30 employees | $14.4M | 2.9 mi |
| JDTRIMWORKS LLC Oklahoma City · 2 employees | $549K | 3.1 mi |
| RICH MONTGOMERY CARPET SERVICE, INC. Moore · 5 employees | $3.1M | 3.2 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.6M |
| Estimate: the two combined (geometric mean) | $1.6M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $184K |
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 | $349K |
| Multiple for this size and industry | 1.9× |
| Value range | $184K – $478K |
| Revenue range | $1.0M – $1.8M |
| EBITDA range | $121K – $209K |
| Industry (NAICS) | Painting and Wall Covering Contractors (238320) |
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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $45K | 5 |
About Performance Painting Company
Performance Painting Company is a painting contractors company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $1.6M, with roughly $184K of EBITDA. It has about 5 employees. Its estimated business value is $349K (likely range $184K–$478K).
Common questions
- Who owns Performance Painting Company?
- The owner of Performance Painting Company 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 Painting Company make?
- SeeBITDA estimates Performance Painting Company's annual revenue at about $1.6M (likely between $1.0M and $1.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Performance Painting Company worth?
- About $349K, roughly 1.9× its estimated EBITDA of $184K, typical for a painting contractors company its size. Likely range: $184K–$478K.
- How many employees does Performance Painting Company have?
- About 5, as reported on its PPP loan.