Shredders, Inc.
How we got $998K
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 12% 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 53 years (since 1973)
From public records and the company's website, not a statement that it's for sale.
What they do
Shredders Inc is a document shredding business in South Tulsa, OK, operating since 1973, offering on-site mobile and off-site shredding with secure containers and certificates of destruction.
From the company's website. Industry: All Other Support Services.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SHREDDERS, INC. this business | $2.8M | — |
| Lexi's Tulsa | $1.1M | 1.7 mi |
| SLKS Tulsa | $1.1M | 1.7 mi |
| Tulsa Alternative Ceremonies Tulsa | $1.1M | 1.8 mi |
| Mr. Crispy Entertainment Tulsa | $1.1M | 1.8 mi |
| Harwelden Mansion Tulsa | $1.1M | 1.9 mi |
| Parkview Laundromat Tulsa | $1.1M | 2.0 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.6M |
| Estimate: the two combined (geometric mean) | $2.8M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $333K |
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 | $998K |
| Multiple for this size and industry | 3× |
| Value range | $525K – $1.4M |
| Revenue range | $1.9M – $3.2M |
| EBITDA range | $219K – $379K |
| Industry (NAICS) | All Other Support Services (561990) |
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
- BankingArvest 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
| Arvest Bank PPP 2020 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $82K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Shredders, Inc.
Shredders, Inc. is an all other support services company in Tulsa, Oklahoma, in business since 1973. Its estimated annual revenue is about $2.8M, with roughly $333K of EBITDA. It has about 9 employees. Its estimated business value is $998K (likely range $525K–$1.4M).
Common questions
- Who owns Shredders, Inc.?
- The owner of Shredders, 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 Shredders, Inc. make?
- SeeBITDA estimates Shredders, Inc.'s annual revenue at about $2.8M (likely between $1.9M and $3.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Shredders, Inc. worth?
- About $998K, roughly 3× its estimated EBITDA of $333K, typical for a all other support services company its size. Likely range: $525K–$1.4M.
- How many employees does Shredders, Inc. have?
- About 9, as reported on its PPP loan.
- When was Shredders, Inc. founded?
- Shredders, Inc. has been in business since 1973.