Rafter M Leather Inc
How we got $172K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 24% 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 |
|---|---|---|
| RAFTER M LEATHER INC this business | $603K | — |
| PLANTATION INVESTMENTS LLC Oklahoma City · 25 employees | $5.4M | 2.2 mi |
| BJS LEATHER GOODS, LLC Bethany · 2 employees | $580K | 7.0 mi |
| M-ROYAL, INC. Oklahoma City · 4 employees | $808K | 7.8 mi |
| LISALOO ENTERPRISES, LLC Oklahoma City · 4 employees | $994K | 7.8 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $447K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $625K |
| Estimate: the two combined (geometric mean) | $603K |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $69K |
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 | $172K |
| Multiple for this size and industry | 2.5× |
| Value range | $90K – $235K |
| Revenue range | $396K – $687K |
| EBITDA range | $45K – $78K |
| Industry (NAICS) | Other Leather and Allied Product Manufacturing (316998) |
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. 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
- BankingThe First National Bank of LindsayPPP / 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 Roles are as stated there and may be out of date.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
| The First National Bank of Lindsay PPP 2020, PPP 2021 | All 58 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 | $18K | 2 |
| 2/4/2021 | second | $18K | 2 |
About Rafter M Leather Inc
Rafter M Leather Inc is an other leather and allied product manufacturing company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $603K, with roughly $69K of EBITDA. It has about 2 employees. Its estimated business value is $172K (likely range $90K–$235K).
Common questions
- Who owns Rafter M Leather Inc?
- The owner of Rafter M Leather 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 Rafter M Leather Inc make?
- SeeBITDA estimates Rafter M Leather Inc's annual revenue at about $603K (likely between $396K and $687K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rafter M Leather Inc worth?
- About $172K, roughly 2.5× its estimated EBITDA of $69K, typical for a other leather and allied product manufacturing company its size. Likely range: $90K–$235K.
- How many employees does Rafter M Leather Inc have?
- About 2, as reported on its PPP loan.