Shastri Naranda 2 Inc.
How we got $626K
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 26% 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 |
|---|---|---|
| SHASTRI NARANDA 2 INC. this business | $5.0M | — |
| WALKINGSTICK DISTRIBUTING INC. Muskogee · 6 employees | $3.9M | 1.4 mi |
| ACES CONVENIENCE STORE Muskogee · 8 employees | $5.2M | 2.5 mi |
| CROWL OIL COMPANY, INC. Muskogee · 5 employees | $5.5M | 3.1 mi |
| FUELSMART, INC Muskogee · 11 employees | $6.1M | 3.3 mi |
| EXTRA STOP LLC Muskogee · 3 employees | $2.8M | 3.6 mi |
| SPORTS CENTER Okay · 4 employees | $5.4M | 4.7 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.5M |
| Estimate: the two combined (geometric mean) | $5.0M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $261K |
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 | $626K |
| Multiple for this size and industry | 2.4× |
| Value range | $329K – $856K |
| Revenue range | $3.3M – $5.7M |
| EBITDA range | $171K – $297K |
| Industry (NAICS) | Retail Trade (447110) |
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: approximate sector default. 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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 4/6/2020 | first | $23K | 7 |
| 4/6/2020 | first | $14K | 5 |
About Shastri Naranda 2 Inc.
Shastri Naranda 2 Inc. is a retail trade company in Muskogee, Oklahoma. Its estimated annual revenue is about $5.0M, with roughly $261K of EBITDA. It has about 7 employees. Its estimated business value is $626K (likely range $329K–$856K).
Common questions
- Who owns Shastri Naranda 2 Inc.?
- The owner of Shastri Naranda 2 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 Shastri Naranda 2 Inc. make?
- SeeBITDA estimates Shastri Naranda 2 Inc.'s annual revenue at about $5.0M (likely between $3.3M and $5.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Shastri Naranda 2 Inc. worth?
- About $626K, roughly 2.4× its estimated EBITDA of $261K, typical for a retail trade company its size. Likely range: $329K–$856K.
- How many employees does Shastri Naranda 2 Inc. have?
- About 7, as reported on its PPP loan.