Red Dirt Painters, Co
How we got $395K
Based on its 4 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.
Employees over time
▲ 0% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 4 | $694K |
| 2020 | Form 5500 | 4 | $694K |
| 2021 | Form 5500 | 3 | $521K |
| 2022 | Form 5500 | 3 | $521K |
| 2023 | Form 5500 | 5 | $868K |
| 2024 | Form 5500 | 4 | $694K |
| 2025 | Form 5500 | 4 | $694K |
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 |
|---|---|---|
| RED DIRT PAINTERS, CO this business | $1.8M | — |
| FLOORSOURCE LLC Oklahoma City · 1 employees | $573K | 0.2 mi |
| OKLAHOMA CITY WOOD WORKS Oklahoma City · 1 employees | $314K | 1.2 mi |
| DW DRYWALL INC Nichols Hills · 14 employees | $7.5M | 1.6 mi |
| WEST PAINTING INC. Oklahoma City · 8 employees | $1.7M | 1.7 mi |
| RED RIVER HARDWOOD FLOORING COMPANY LLC Oklahoma City · 1 employees | $440K | 1.9 mi |
| WINTERMUTE HOLDINGS, INC. Oklahoma City · 2 employees | $660K | 1.9 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.4M |
| Estimate: the two combined (geometric mean) | $1.8M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $208K |
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 | $395K |
| Multiple for this size and industry | 1.9× |
| Value range | $208K – $541K |
| Revenue range | $1.2M – $2.0M |
| EBITDA range | $137K – $237K |
| Industry (NAICS) | Painting and Wall Covering Contractors (238320) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingFirst United Bank and Trust CompanyPPP / 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
| First United Bank and Trust Company PPP 2020, PPP 2021 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $61K | 4 |
| 2/6/2021 | second | $61K | 4 |
About Red Dirt Painters, Co
Red Dirt Painters, Co is a painting contractors company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $1.8M, with roughly $208K of EBITDA. It has about 4 employees. Its estimated business value is $395K (likely range $208K–$541K).
Common questions
- Who owns Red Dirt Painters, Co?
- The owner of Red Dirt Painters, Co 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 Red Dirt Painters, Co make?
- SeeBITDA estimates Red Dirt Painters, Co's annual revenue at about $1.8M (likely between $1.2M and $2.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Red Dirt Painters, Co worth?
- About $395K, roughly 1.9× its estimated EBITDA of $208K, typical for a painting contractors company its size. Likely range: $208K–$541K.
- How many employees does Red Dirt Painters, Co have?
- About 4, from its 2025 retirement-plan filing.