Platinum Ventures, Inc
How we got $5.9M
Based on its 25 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 37% 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 |
|---|---|---|
| PLATINUM VENTURES, INC this business | $19.9M | — |
| H*E ENGINEERED EQUIPMENT CO INC. Tulsa · 2 employees | $3.1M | 0.4 mi |
| CANFIELD & JOSEPH, INC. Tulsa · 57 employees | $59.3M | 0.4 mi |
| PROGRESSIVE MACHINE TOOLS Tulsa · 14 employees | $14.1M | 0.5 mi |
| LUCAS CONTROLS COMPANY INCORPORATED Tulsa · 3 employees | $4.5M | 0.7 mi |
| HARRINGTON ENTERPRISES, INC. Tulsa · 3 employees | $3.3M | 1.1 mi |
| HOLLY MATERIAL HANDLING EQUIPMENT INC Tulsa · 22 employees | $26.6M | 1.2 mi |
The full calculation
| Employees reported to the SBA | 25 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $18.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $16.2M |
| Estimate: the two combined (geometric mean) | $19.9M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $1.4M |
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 | $5.9M |
| Multiple for this size and industry | 4.3× |
| Value range | $3.1M – $8.0M |
| Revenue range | $13.1M – $22.7M |
| EBITDA range | $899K – $1.6M |
| Industry (NAICS) | Service Establishment Equipment and Supplies Merchant Wholesalers (423850) |
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
- BankingMabrey 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 Roles are as stated there and may be out of date.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
| Mabrey Bank PPP 2020, PPP 2021 | All 851 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 | $250K | 25 |
| 1/27/2021 | second | $384K | 24 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Platinum Ventures, Inc
Platinum Ventures, Inc is a service establishment equipment and supplies merchant wholesalers company in Tulsa, Oklahoma. It is owned by Jay Gulick. Its estimated annual revenue is about $19.9M, with roughly $1.4M of EBITDA. It has about 25 employees. Its estimated business value is $5.9M (likely range $3.1M–$8.0M).
Common questions
- Who owns Platinum Ventures, Inc?
- Platinum Ventures, Inc is owned by Jay Gulick, according to public sources such as the company's website or filings.
- How much revenue does Platinum Ventures, Inc make?
- SeeBITDA estimates Platinum Ventures, Inc's annual revenue at about $19.9M (likely between $13.1M and $22.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Platinum Ventures, Inc worth?
- About $5.9M, roughly 4.3× its estimated EBITDA of $1.4M, typical for a service establishment equipment and supplies merchant wholesalers company its size. Likely range: $3.1M–$8.0M.
- How many employees does Platinum Ventures, Inc have?
- About 25, as reported on its PPP loan.