Spears Company LLC
How we got $6.1M
Based on its 26 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 74% 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 |
|---|---|---|
| SPEARS COMPANY LLC this business | $11.0M | — |
| BENJAMIN WHEELER Tahlequah · 1 employees | $587K | 13.6 mi |
| YOUNG CONSTRUCTION SUPPLY LLC Tahlequah · 1 employees | $322K | 14.6 mi |
| SPENCER'S CUSTOM CRATING Fort Gibson · 5 employees | $1.9M | 26.6 mi |
| CHEROKEE WOODWORK INC. Gore · 14 employees | $5.8M | 30.7 mi |
| PRIME PALLET, LLC Muskogee · 32 employees | $10.6M | 36.8 mi |
| JACKSON WOOD SERVICES INC Jay · 2 employees | $695K | 37.8 mi |
The full calculation
| Employees reported to the SBA | 26 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $12.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.3M |
| Estimate: the two combined (geometric mean) | $11.0M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $1.3M |
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 | $6.1M |
| Multiple for this size and industry | 4.5× |
| Value range | $3.2M – $8.3M |
| Revenue range | $7.3M – $12.6M |
| EBITDA range | $887K – $1.5M |
| Industry (NAICS) | Prefabricated Wood Building Manufacturing (321992) |
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
- BankingArmstrong 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 Roles are as stated there and may be out of date.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
| Armstrong Bank PPP 2020 | All 1,355 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 | $147K | 26 |
About Spears Company LLC
Spears Company LLC is a prefabricated wood building manufacturing company in Stilwell, Oklahoma. Its estimated annual revenue is about $11.0M, with roughly $1.3M of EBITDA. It has about 26 employees. Its estimated business value is $6.1M (likely range $3.2M–$8.3M).
Common questions
- Who owns Spears Company LLC?
- The owner of Spears Company 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 Spears Company LLC make?
- SeeBITDA estimates Spears Company LLC's annual revenue at about $11.0M (likely between $7.3M and $12.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spears Company LLC worth?
- About $6.1M, roughly 4.5× its estimated EBITDA of $1.3M, typical for a prefabricated wood building manufacturing company its size. Likely range: $3.2M–$8.3M.
- How many employees does Spears Company LLC have?
- About 26, as reported on its PPP loan.