Progressive Drywall & Acoustics Inc
How we got $942K
Based on its 6 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 20% since 2021Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▼ 50% since 2021Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2021 | PPP loan | 6 | $1.7M |
| 2024 | Form 5500 | 4 | $1.1M |
| 2025 | Form 5500 | 3 | $848K |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| PROGRESSIVE DRYWALL & ACOUSTICS INC this business | $3.9M | — |
| PERMA-FLOR LLC Oklahoma City · 1 employees | $479K | 0.8 mi |
| ALL IN 1 COMMUNICATIONS INC Oklahoma City · 3 employees | $979K | 2.0 mi |
| LANCE CONSTRUCTION INC. Mustang · 1 employees | $360K | 2.8 mi |
| WAGNER CUSTOM MILLWORK Oklahoma City · 8 employees | $2.8M | 3.4 mi |
| ONE TOUCH FLOORING, INC. Oklahoma City · 2 employees | $570K | 3.4 mi |
| WARD WOOD PRODUCTS INC. Oklahoma City · 116 employees | $41.6M | 3.5 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.0M |
| Estimate: the two combined (geometric mean) | $3.9M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $410K |
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 | $942K |
| Multiple for this size and industry | 2.3× |
| Value range | $496K – $1.3M |
| Revenue range | $2.5M – $4.4M |
| EBITDA range | $270K – $467K |
| Industry (NAICS) | Drywall and Insulation Contractors (238310) |
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
- BankingJPMorgan Chase 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
| JPMorgan Chase Bank, National Association PPP 2021 | All 993 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/26/2021 | first | $71K | 6 |
About Progressive Drywall & Acoustics Inc
Progressive Drywall & Acoustics Inc is a drywall & insulation company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $3.9M, with roughly $410K of EBITDA. It has about 3 employees. Its estimated business value is $942K (likely range $496K–$1.3M).
Common questions
- Who owns Progressive Drywall & Acoustics Inc?
- The owner of Progressive Drywall & Acoustics 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 Progressive Drywall & Acoustics Inc make?
- SeeBITDA estimates Progressive Drywall & Acoustics Inc's annual revenue at about $3.9M (likely between $2.5M and $4.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Progressive Drywall & Acoustics Inc worth?
- About $942K, roughly 2.3× its estimated EBITDA of $410K, typical for a drywall & insulation company its size. Likely range: $496K–$1.3M.
- How many employees does Progressive Drywall & Acoustics Inc have?
- About 3, from its 2025 retirement-plan filing.