Sallisaw Lumber Company Inc.
How we got $4.9M
Based on its 26 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 22 years (since 2004)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 31% 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
▼ 19% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 26 | $9.0M |
| 2020 | Form 5500 | 23 | $7.9M |
| 2021 | Form 5500 | 21 | $7.2M |
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 |
|---|---|---|
| SALLISAW LUMBER COMPANY INC. this business | $15.4M | — |
| SIMON'S INC. Vian · 5 employees | $2.2M | 10.3 mi |
| SAM INC Muldrow · 6 employees | $2.0M | 12.0 mi |
| ROLAND ROAD HARDWARE, LLC Roland · 10 employees | $3.0M | 16.2 mi |
| S & S HARDWARE INC. Gore · 7 employees | $3.2M | 18.7 mi |
| SRS INCORPORATED Webbers Falls · 3 employees | $1.8M | 19.4 mi |
| STIGLER HOME CENTER INC Stigler · 11 employees | $4.8M | 22.4 mi |
The full calculation
| Employees reported to the SBA | 26 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $12.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $14.3M |
| Estimate: the two combined (geometric mean) | $15.4M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.4M |
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 | $4.9M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.6M – $6.7M |
| Revenue range | $10.1M – $17.5M |
| EBITDA range | $901K – $1.6M |
| Industry (NAICS) | Home Centers (444110) |
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
- BankingArmstrong 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
| Armstrong Bank PPP 2020 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $218K | 26 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Sallisaw Lumber Company Inc.
Sallisaw Lumber Company Inc. is a home centers company in Sallisaw, Oklahoma, in business since 2004. It is owned by Jarret Hetherington (Owner/Principal/Partner). Its estimated annual revenue is about $15.4M, with roughly $1.4M of EBITDA. It has about 21 employees. Its estimated business value is $4.9M (likely range $2.6M–$6.7M).
Common questions
- Who owns Sallisaw Lumber Company Inc.?
- Sallisaw Lumber Company Inc. is owned by Jarret Hetherington (Owner/Principal/Partner), according to public sources such as the company's website or filings.
- How much revenue does Sallisaw Lumber Company Inc. make?
- SeeBITDA estimates Sallisaw Lumber Company Inc.'s annual revenue at about $15.4M (likely between $10.1M and $17.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sallisaw Lumber Company Inc. worth?
- About $4.9M, roughly 3.6× its estimated EBITDA of $1.4M, typical for a home centers company its size. Likely range: $2.6M–$6.7M.
- How many employees does Sallisaw Lumber Company Inc. have?
- About 21, from its 2021 retirement-plan filing.
- When was Sallisaw Lumber Company Inc. founded?
- Sallisaw Lumber Company Inc. has been in business since 2004.