How we got $143K
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 |
|---|---|---|
| RJJ PAINTING LLC this business | $499K | — |
| JESUS MARTINEZ Tulsa · 2 employees | $539K | 0.0 mi |
| PRO INSULATION, INC. Tulsa · 2 employees | $1.1M | 1.0 mi |
| CARROLLS COMMERCIAL FLOORS INC. Tulsa · 9 employees | $5.2M | 1.4 mi |
| BUCKYS PAINTING & CONSTRUCTION INC Tulsa · 6 employees | $2.3M | 1.4 mi |
| COMPACT TILE AND CARPET LLC Tulsa · 1 employees | $521K | 1.4 mi |
| NUNLEY CUSTOM PAINTING INC Tulsa · 10 employees | $2.9M | 1.5 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $512K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $374K |
| Estimate: the two combined (geometric mean) | $499K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $75K |
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 | $143K |
| Multiple for this size and industry | 1.9× |
| Value range | $75K – $195K |
| Revenue range | $329K – $569K |
| EBITDA range | $49K – $86K |
| 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
- BankingArvest BankPPP / 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $10K | 2 |
About Rjj Painting LLC
Rjj Painting LLC is a painting contractors company in Tulsa, Oklahoma. Its estimated annual revenue is about $499K, with roughly $75K of EBITDA. It has about 2 employees. Its estimated business value is $143K (likely range $75K–$195K).
Common questions
- Who owns Rjj Painting LLC?
- The owner of Rjj Painting 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 Rjj Painting LLC make?
- SeeBITDA estimates Rjj Painting LLC's annual revenue at about $499K (likely between $329K and $569K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Rjj Painting LLC worth?
- About $143K, roughly 1.9× its estimated EBITDA of $75K, typical for a painting contractors company its size. Likely range: $75K–$195K.
- How many employees does Rjj Painting LLC have?
- About 2, as reported on its PPP loan.