Sherman Shoes LLC
How we got $174K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 28% 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 |
|---|---|---|
| SHERMAN SHOES LLC this business | $1.1M | — |
| Southeast Guns and Outdoors Idabel | $2.1M | 0.0 mi |
| Sharpes of Idabel Idabel | $1.5M | 0.0 mi |
| Idabel Precision Gunworks LLC Idabel | $2.1M | 0.1 mi |
| 2nd Hand Oasis Indoor Flea Market Idabel | $2.1M | 0.1 mi |
| Basket Case Nursery & Produce Idabel | $2.1M | 0.1 mi |
| Haworth Imprints Idabel | $2.0M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $667K |
| Estimate: the two combined (geometric mean) | $1.1M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $87K |
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 | $174K |
| Multiple for this size and industry | 2× |
| Value range | $92K – $238K |
| Revenue range | $746K – $1.3M |
| EBITDA range | $57K – $99K |
| Industry (NAICS) | Retail Trade (452990) |
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: 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
People & advisors
Advisors
- BankingFirstBankPPP / 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 Roles are as stated there and may be out of date.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
| FirstBank PPP 2020 | All 263 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $13K | 5 |
About Sherman Shoes LLC
Sherman Shoes LLC is a retail trade company in Idabel, Oklahoma. Its estimated annual revenue is about $1.1M, with roughly $87K of EBITDA. It has about 5 employees. Its estimated business value is $174K (likely range $92K–$238K).
Common questions
- Who owns Sherman Shoes LLC?
- The owner of Sherman Shoes 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 Sherman Shoes LLC make?
- SeeBITDA estimates Sherman Shoes LLC's annual revenue at about $1.1M (likely between $746K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sherman Shoes LLC worth?
- About $174K, roughly 2× its estimated EBITDA of $87K, typical for a retail trade company its size. Likely range: $92K–$238K.
- How many employees does Sherman Shoes LLC have?
- About 5, as reported on its PPP loan.