Shoemaker Corporation III
How we got $3.6M
Based on its 17 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 3% 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 |
|---|---|---|
| SHOEMAKER CORPORATION III this business | $10.1M | — |
| Gateway Tulsa Event Center Tulsa | $1.1M | 0.1 mi |
| The Vista at 21 Tulsa | $1.1M | 0.1 mi |
| Tacos El Chapulincito Tulsa | $1.1M | 0.1 mi |
| The Omni Collective Tulsa | $1.1M | 0.2 mi |
| Studio 308 Tulsa | $1.1M | 0.2 mi |
| Santa Fe Square Tulsa | $1.1M | 0.3 mi |
The full calculation
| Employees reported to the SBA | 17 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $13.9M |
| Estimate: the two combined (geometric mean) | $10.1M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $951K |
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 | $3.6M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.9M – $4.9M |
| Revenue range | $6.6M – $11.5M |
| EBITDA range | $626K – $1.1M |
| Industry (NAICS) | Packaging and Labeling Services (561910) |
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. 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
- BankingFirst Pryority 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 Roles are as stated there and may be out of date.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
| First Pryority Bank PPP 2020, PPP 2021 | All 258 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $261K | 17 |
| 1/19/2021 | second | $261K | 12 |
About Shoemaker Corporation III
Shoemaker Corporation III is a packaging and labeling services company in Tulsa, Oklahoma. Its estimated annual revenue is about $10.1M, with roughly $951K of EBITDA. It has about 17 employees. Its estimated business value is $3.6M (likely range $1.9M–$4.9M).
Common questions
- Who owns Shoemaker Corporation III?
- The owner of Shoemaker Corporation III 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 Shoemaker Corporation III make?
- SeeBITDA estimates Shoemaker Corporation III's annual revenue at about $10.1M (likely between $6.6M and $11.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Shoemaker Corporation III worth?
- About $3.6M, roughly 3.8× its estimated EBITDA of $951K, typical for a packaging and labeling services company its size. Likely range: $1.9M–$4.9M.
- How many employees does Shoemaker Corporation III have?
- About 17, as reported on its PPP loan.