Shoe Horse Inc
How we got $325K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 9% 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 |
|---|---|---|
| SHOE HORSE INC this business | $2.4M | — |
| A&B WHOLESALE MARKET INC Oklahoma City · 8 employees | $8.2M | 1.4 mi |
| THE ALTERNATE CHOICE, INC. Oklahoma City · 5 employees | $2.2M | 1.8 mi |
| SOONERS WHOLESALE INC Oklahoma City · 7 employees | $3.5M | 1.9 mi |
| 1 STOP SUPPLY CORP. Oklahoma City · 9 employees | $19.2M | 2.4 mi |
| SPRAYTECH SYSTEMS, INC. Oklahoma City · 5 employees | $4.5M | 2.5 mi |
| VICTORY WHOLESALE FLORIST Oklahoma City · 5 employees | $3.9M | 2.5 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.5M |
| Estimate: the two combined (geometric mean) | $2.4M |
| EBITDA margin (industry, adjusted for size) | 6% |
| EBITDA = revenue × margin | $136K |
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 | $325K |
| Multiple for this size and industry | 2.4× |
| Value range | $171K – $445K |
| Revenue range | $1.6M – $2.8M |
| EBITDA range | $89K – $155K |
| Industry (NAICS) | Other Miscellaneous Nondurable Goods Merchant Wholesalers (424990) |
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
People & advisors
Advisors
- BankingInternational Bank of CommercePPP / 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 Roles are as stated there and may be out of date.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
| International Bank of Commerce PPP 2020, PPP 2021 | All 442 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $14K | 3 |
| 3/20/2021 | second | $14K | 3 |
About Shoe Horse Inc
Shoe Horse Inc is an other miscellaneous nondurable goods merchant wholesalers company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $2.4M, with roughly $136K of EBITDA. It has about 3 employees. Its estimated business value is $325K (likely range $171K–$445K).
Common questions
- Who owns Shoe Horse Inc?
- The owner of Shoe Horse 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 Shoe Horse Inc make?
- SeeBITDA estimates Shoe Horse Inc's annual revenue at about $2.4M (likely between $1.6M and $2.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Shoe Horse Inc worth?
- About $325K, roughly 2.4× its estimated EBITDA of $136K, typical for a other miscellaneous nondurable goods merchant wholesalers company its size. Likely range: $171K–$445K.
- How many employees does Shoe Horse Inc have?
- About 3, as reported on its PPP loan.