Sh20, Inc.
How we got $960K
Based on 6 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
Estimated value over time
▲ 52% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SH20, INC. this business | $2.5M | — |
| UPS Authorized Shipping Provider Perry | $2.3M | 15.3 mi |
| UPS Authorized Shipping Provider Perry | $2.3M | 15.4 mi |
| UPS Authorized Shipping Provider Cushing | $2.3M | 22.5 mi |
| UPS Access Point location Edmond | $2.3M | 36.6 mi |
| UPS Access Point location Edmond | $2.3M | 38.3 mi |
| UPS Access Point location Edmond | $2.3M | 38.4 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Industry revenue per employee | $166K |
| Revenue = employees × revenue per employee | $2.5M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $300K |
| Cross-check: revenue implied by PPP payroll | $690K |
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 | $960K |
| Multiple for this size and industry | 3.2× |
| Value range | $454K – $1.4M |
| Revenue range | $1.5M – $3.0M |
| EBITDA range | $178K – $355K |
| Industry (NAICS) | Couriers and Express Delivery Services (492110) |
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 Roles are as stated there and may be out of date.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 | 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 |
|---|---|---|---|
| 4/6/2020 | first | $14K | 6 |
About Sh20, Inc.
Sh20, Inc. is a couriers and express delivery services company in Stillwater, Oklahoma. Its estimated annual revenue is about $2.5M, with roughly $300K of EBITDA. It has about 6 employees. Its estimated business value is $960K (likely range $454K–$1.4M).
Common questions
- Who owns Sh20, Inc.?
- The owner of Sh20, 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 Sh20, Inc. make?
- SeeBITDA estimates Sh20, Inc.'s annual revenue at about $2.5M (likely between $1.5M and $3.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sh20, Inc. worth?
- About $960K, roughly 3.2× its estimated EBITDA of $300K, typical for a couriers and express delivery services company its size. Likely range: $454K–$1.4M.
- How many employees does Sh20, Inc. have?
- About 6, as reported on its PPP loan.