Resonance, Inc
- Shawn WrightSigns company filings · Form 5500 (2023)
How we got $8.4M
Based on its 38 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 18% 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
▼ 45% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 38 | $15.1M |
| 2022 | Form 5500 | 29 | $11.5M |
| 2023 | Form 5500 | 23 | $9.1M |
| 2024 | Form 5500 | 24 | $9.5M |
| 2025 | Form 5500 | 21 | $8.3M |
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.
What we know
Signs of a sale Unlikely to sell soon
- Headcount down 28% since 2022 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| RESONANCE, INC this business | $19.0M | — |
| DD Audio Oklahoma City | $1.1M | 0.1 mi |
| PREMIER VISIONS AV INC Oklahoma City · 10 employees | $3.3M | 4.4 mi |
| CORY'S AUDIO VISUAL SERVICES, LLC Oklahoma City · 37 employees | $21.3M | 6.0 mi |
| Stillwater Designs; Kicker World Headquarters Stillwater | $9.6M | 53.6 mi |
| STILLWATER DESIGNS AND AUDIO, INC. Stillwater | $164.6M | 53.9 mi |
The full calculation
| Employees reported to the SBA | 38 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $16.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $16.6M |
| Estimate: the two combined (geometric mean) | $19.0M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.8M |
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 | $8.4M |
| Multiple for this size and industry | 4.7× |
| Value range | $4.4M – $11.4M |
| Revenue range | $12.5M – $21.7M |
| EBITDA range | $1.2M – $2.0M |
| Industry (NAICS) | Audio and Video Equipment Manufacturing (334310) |
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
History & advisors
Advisors
- BankingBancFirstPPP / 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
| BancFirst 7(a) 2020, PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $430K | 38 |
Public records
| Mar 2020 | 7(a) | $1.1M |
| Mar 2020 | 7(a) | $1.0M |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Resonance, Inc
Resonance, Inc is an audio and video equipment manufacturing company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $19.0M, with roughly $1.8M of EBITDA. It has about 21 employees. Its estimated business value is $8.4M (likely range $4.4M–$11.4M).
Common questions
- Who owns Resonance, Inc?
- The owner of Resonance, 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 Resonance, Inc make?
- SeeBITDA estimates Resonance, Inc's annual revenue at about $19.0M (likely between $12.5M and $21.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Resonance, Inc worth?
- About $8.4M, roughly 4.7× its estimated EBITDA of $1.8M, typical for a audio and video equipment manufacturing company its size. Likely range: $4.4M–$11.4M.
- How many employees does Resonance, Inc have?
- About 21, from its 2025 retirement-plan filing.