Shoestring Enterprises, LLC
How we got $2.0M
Based on its 14 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 21% 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.
What we know
Signs of a sale Some signs of a sale
- In business 26 years (since 2000)
From public records and the company's website, not a statement that it's for sale.
Customers & suppliers
Customers
- Department of the Air Force · federal contracts $157K
- U.S. Fish and Wildlife Service · federal contracts $25K
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SHOESTRING ENTERPRISES, LLC this business | $5.9M | — |
| Bryant and Sons Roofing Altus | $2.2M | 6.9 mi |
| LOA CONSTRUCTION LLC Altus · 1 employees | $584K | 7.1 mi |
| MARTINEZ ROOFING OF ALTUS Altus | $2.2M | 7.2 mi |
| Julian's Upholstery Altus | $2.0M | 7.3 mi |
| JAYMAR PLUMBING OF ALTUS, LLC Altus · 3 employees | $778K | 7.3 mi |
| Mlb Welding Altus | $2.4M | 7.3 mi |
The full calculation
| Employees reported to the SBA | 14 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.5M |
| Estimate: the two combined (geometric mean) | $5.9M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $705K |
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 | $2.0M |
| Multiple for this size and industry | 2.8× |
| Value range | $1.0M – $2.7M |
| Revenue range | $3.9M – $6.7M |
| EBITDA range | $464K – $804K |
| Industry (NAICS) | Other Heavy and Civil Engineering Construction (237990) |
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
History & advisors
Advisors
- BankingCattlemens 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
| Cattlemens Bank PPP 2020 | All 90 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $125K | 14 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Shoestring Enterprises, LLC
Shoestring Enterprises, LLC is an other heavy and civil engineering construction company in Olustee, Oklahoma, in business since 2000. Its estimated annual revenue is about $5.9M, with roughly $705K of EBITDA. It has about 14 employees. Its estimated business value is $2.0M (likely range $1.0M–$2.7M).
Common questions
- Who owns Shoestring Enterprises, LLC?
- The owner of Shoestring Enterprises, 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 Shoestring Enterprises, LLC make?
- SeeBITDA estimates Shoestring Enterprises, LLC's annual revenue at about $5.9M (likely between $3.9M and $6.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Shoestring Enterprises, LLC worth?
- About $2.0M, roughly 2.8× its estimated EBITDA of $705K, typical for a other heavy and civil engineering construction company its size. Likely range: $1.0M–$2.7M.
- How many employees does Shoestring Enterprises, LLC have?
- About 14, as reported on its PPP loan.
- When was Shoestring Enterprises, LLC founded?
- Shoestring Enterprises, LLC has been in business since 2000.