How we got $346K
Based on its 15 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 26% 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 |
|---|---|---|
| PROMISE LLC this business | $1.9M | — |
| ASIAN DINING CONCEPTS, LLC Tulsa · 22 employees | $2.0M | 0.4 mi |
| MIDTOWN CAFE CORP Tulsa · 22 employees | $2.3M | 0.4 mi |
| Your Pie Tulsa | $1.7M | 0.9 mi |
| Mazzio's Pizza & Wings Tulsa | $1.7M | 0.9 mi |
| GOLDEN INDIA PALACE INC. Tulsa · 13 employees | $1.8M | 0.9 mi |
| Church's Texas Chicken Tulsa | $1.7M | 0.9 mi |
The full calculation
| Employees reported to the SBA | 15 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.1M |
| Estimate: the two combined (geometric mean) | $1.9M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $192K |
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 | $346K |
| Multiple for this size and industry | 1.8× |
| Value range | $182K – $473K |
| Revenue range | $1.3M – $2.2M |
| EBITDA range | $126K – $219K |
| Industry (NAICS) | Full-Service Restaurants (722511) |
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
- BankingBank of America, National Association, U.S. 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 Roles are as stated there and may be out of date.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
| Bank of America, National Association PPP 2020, PPP 2021 | All 1,034 borrowers → |
| U.S. Bank, National Association 7(a) 2026 | All 46 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/30/2020 | first | $80K | 15 |
| 1/20/2021 | second | $113K | 14 |
Public records
| Sep 2026 | 7(a) | $25K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Promise LLC
Promise LLC is a restaurants company in Tulsa, Oklahoma. Its estimated annual revenue is about $1.9M, with roughly $192K of EBITDA. It has about 15 employees. Its estimated business value is $346K (likely range $182K–$473K).
Common questions
- Who owns Promise LLC?
- The owner of Promise 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 Promise LLC make?
- SeeBITDA estimates Promise LLC's annual revenue at about $1.9M (likely between $1.3M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Promise LLC worth?
- About $346K, roughly 1.8× its estimated EBITDA of $192K, typical for a restaurants company its size. Likely range: $182K–$473K.
- How many employees does Promise LLC have?
- About 15, as reported on its PPP loan.