Southern Plastics, L.L.C.
How we got $1.4M
Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 15% 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 |
|---|---|---|
| SOUTHERN PLASTICS, L.L.C. this business | $3.0M | — |
| Column Designs Tulsa | $3.0M | 5.3 mi |
| Coveris Catoosa | $1.3M | 6.6 mi |
| FIBER PAD INC. Tulsa · 90 employees | $41.2M | 6.7 mi |
| PLASTIC FABRICATORS, INC Tulsa · 4 employees | $2.8M | 7.2 mi |
| PACK-LITE SYSTEMS, INC. Tulsa · 11 employees | $4.9M | 8.3 mi |
| HIGHER HANGERS LLC Tulsa · 1 employees | $913K | 9.0 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.7M |
| Estimate: the two combined (geometric mean) | $3.0M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $479K |
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 | $1.4M |
| Multiple for this size and industry | 3× |
| Value range | $757K – $2.0M |
| Revenue range | $2.0M – $3.4M |
| EBITDA range | $315K – $547K |
| Industry (NAICS) | All Other Plastics Product Manufacturing (326199) |
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, OK. 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
- BankingFirst Bank of OwassoPPP / 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 Roles are as stated there and may be out of date.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 Bank of Owasso PPP 2020, PPP 2021 | All 426 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $42K | 13 |
| 1/16/2021 | second | $50K | 12 |
About Southern Plastics, L.L.C.
Southern Plastics, L.L.C. is an all other plastics product manufacturing company in Owasso, Oklahoma. Its estimated annual revenue is about $3.0M, with roughly $479K of EBITDA. It has about 13 employees. Its estimated business value is $1.4M (likely range $757K–$2.0M).
Common questions
- Who owns Southern Plastics, L.L.C.?
- The owner of Southern Plastics, L.L.C. 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 Southern Plastics, L.L.C. make?
- SeeBITDA estimates Southern Plastics, L.L.C.'s annual revenue at about $3.0M (likely between $2.0M and $3.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Southern Plastics, L.L.C. worth?
- About $1.4M, roughly 3× its estimated EBITDA of $479K, typical for a all other plastics product manufacturing company its size. Likely range: $757K–$2.0M.
- How many employees does Southern Plastics, L.L.C. have?
- About 13, as reported on its PPP loan.