Redemption Painting Company LLC
How we got $209K
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
▲ 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| REDEMPTION PAINTING COMPANY LLC this business | $730K | — |
| BRANDON GRAVEN CUSTOM CABINETS Oklahoma City · 1 employees | $290K | 0.1 mi |
| BRANDON GRAVEN Oklahoma City · 1 employees | $207K | 0.1 mi |
| MICHAEL SWEIGART Oklahoma City · 1 employees | $234K | 0.4 mi |
| A AND A CONSTRUCTION AND ROOFING Oklahoma City · 1 employees | $232K | 1.1 mi |
| ADVANCED TILE CONCEPTS, LLC Oklahoma City · 1 employees | $263K | 1.1 mi |
| S & S PAINTING, LLC Oklahoma City · 3 employees | $784K | 1.2 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $513K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $800K |
| Estimate: the two combined (geometric mean) | $730K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $110K |
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 | $209K |
| Multiple for this size and industry | 1.9× |
| Value range | $110K – $285K |
| Revenue range | $480K – $833K |
| EBITDA range | $72K – $125K |
| Industry (NAICS) | Painting and Wall Covering Contractors (238320) |
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
- BankingBOKF, 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 Roles are as stated there and may be out of date.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
| BOKF, National Association PPP 2020, PPP 2021 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/12/2020 | first | $20K | 2 |
| 3/20/2021 | second | $20K | 2 |
About Redemption Painting Company LLC
Redemption Painting Company LLC is a painting contractors company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $730K, with roughly $110K of EBITDA. It has about 2 employees. Its estimated business value is $209K (likely range $110K–$285K).
Common questions
- Who owns Redemption Painting Company LLC?
- The owner of Redemption Painting Company 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 Redemption Painting Company LLC make?
- SeeBITDA estimates Redemption Painting Company LLC's annual revenue at about $730K (likely between $480K and $833K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Redemption Painting Company LLC worth?
- About $209K, roughly 1.9× its estimated EBITDA of $110K, typical for a painting contractors company its size. Likely range: $110K–$285K.
- How many employees does Redemption Painting Company LLC have?
- About 2, as reported on its PPP loan.