Sooner Wiping Rags LLC.
How we got $268K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▼ 13% 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 |
|---|---|---|
| SOONER WIPING RAGS LLC. this business | $958K | — |
| PINPOINT MONOGRAMS, INC. Oklahoma City · 8 employees | $1.6M | 3.0 mi |
| DECORATOR DRAPERY MFG. INC. Oklahoma City · 20 employees | $3.5M | 7.1 mi |
| ULTRA THIN INC. Moore · 29 employees | $7.1M | 10.2 mi |
| CSBOYD LLC Norman · 1 employees | $194K | 16.8 mi |
| JGES INVESTMENTS LLC Newalla · 12 employees | $2.6M | 18.6 mi |
| M3 DESIGNS LLC Kingfisher · 1 employees | $318K | 37.0 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $981K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $720K |
| Estimate: the two combined (geometric mean) | $958K |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $107K |
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 | $268K |
| Multiple for this size and industry | 2.5× |
| Value range | $141K – $367K |
| Revenue range | $630K – $1.1M |
| EBITDA range | $71K – $122K |
| Industry (NAICS) | All Other Miscellaneous Textile Product Mills (314999) |
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
- BankingJPMorgan Chase Bank, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| JPMorgan Chase Bank, National Association PPP 2020, PPP 2021 | All 993 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $25K | 6 |
| 4/7/2021 | second | $22K | 6 |
2 locations
| 301 N RHODE ISLAND AVE STE 109 | Oklahoma City | This listing |
| 2012 SE 18th St | Oklahoma City | View |
Revenue, profit and value are for the whole company.
About Sooner Wiping Rags LLC.
Sooner Wiping Rags LLC. is an all other miscellaneous textile product mills company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $958K, with roughly $107K of EBITDA. It has about 6 employees. Its estimated business value is $268K (likely range $141K–$367K). It has 2 locations.
Common questions
- Who owns Sooner Wiping Rags LLC.?
- The owner of Sooner Wiping Rags 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 Sooner Wiping Rags LLC. make?
- SeeBITDA estimates Sooner Wiping Rags LLC.'s annual revenue at about $958K (likely between $630K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Sooner Wiping Rags LLC. worth?
- About $268K, roughly 2.5× its estimated EBITDA of $107K, typical for a all other miscellaneous textile product mills company its size. Likely range: $141K–$367K.
- How many employees does Sooner Wiping Rags LLC. have?
- About 6, as reported on its PPP loan.