Shipman Home Improvement Inc
How we got $102K
Based on its 3 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 55% since 2021Today'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 |
|---|---|---|
| SHIPMAN HOME IMPROVEMENT INC this business | $719K | — |
| GLASSCO GLASS & GLAZING LLC Sand Springs · 7 employees | $6.8M | 4.0 mi |
| SELLERS POOLS AND SPAS, INC. Sand Springs · 3 employees | $962K | 4.5 mi |
| WSB HOMES, LLC Sand Springs · 4 employees | $6.2M | 4.7 mi |
| HQH CONSTRUCTION LLC Sapulpa · 8 employees | $9.4M | 4.8 mi |
| SCOTT ROBINSON CONSTRUCTION INC. Tulsa · 18 employees | $19.9M | 6.2 mi |
| WARD MANAGEMENT SERVICES LLC Sapulpa · 6 employees | $4.2M | 6.6 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $389K |
| Estimate: the two combined (geometric mean) | $719K |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $54K |
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 | $102K |
| Multiple for this size and industry | 1.9× |
| Value range | $54K – $140K |
| Revenue range | $473K – $820K |
| EBITDA range | $35K – $61K |
| Industry (NAICS) | Residential Remodelers (236118) |
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
People & advisors
Advisors
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/8/2021 | first | $9K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Shipman Home Improvement Inc
Shipman Home Improvement Inc is a home builders company in Sand Springs, Oklahoma, in business since 2020. Its estimated annual revenue is about $719K, with roughly $54K of EBITDA. It has about 3 employees. Its estimated business value is $102K (likely range $54K–$140K).
Common questions
- Who owns Shipman Home Improvement Inc?
- The owner of Shipman Home Improvement 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 Shipman Home Improvement Inc make?
- SeeBITDA estimates Shipman Home Improvement Inc's annual revenue at about $719K (likely between $473K and $820K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Shipman Home Improvement Inc worth?
- About $102K, roughly 1.9× its estimated EBITDA of $54K, typical for a home builders company its size. Likely range: $54K–$140K.
- How many employees does Shipman Home Improvement Inc have?
- About 3, as reported on its PPP loan.
- When was Shipman Home Improvement Inc founded?
- Shipman Home Improvement Inc has been in business since 2020.