Spencer's Custom Crating
How we got $919K
Based on 5 employees reported for PPP in 2021, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 66% since 2021Today'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 |
|---|---|---|
| SPENCER'S CUSTOM CRATING this business | $1.9M | — |
| PRIME PALLET, LLC Muskogee · 32 employees | $10.6M | 10.4 mi |
| YOUNG CONSTRUCTION SUPPLY LLC Tahlequah · 1 employees | $323K | 14.1 mi |
| BENJAMIN WHEELER Tahlequah · 1 employees | $588K | 14.4 mi |
| CHEROKEE WOODWORK INC. Gore · 14 employees | $5.8M | 14.9 mi |
| SPEARS COMPANY LLC Stilwell · 26 employees | $11.0M | 26.6 mi |
| AGEE CABINET DOORS & REFACING, INC. Coweta · 7 employees | $2.3M | 26.9 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Industry revenue per employee | $210K |
| Revenue = employees × revenue per employee | $1.9M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $306K |
| Cross-check: revenue implied by PPP payroll | $513K |
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 | $919K |
| Multiple for this size and industry | 3× |
| Value range | $435K – $1.3M |
| Revenue range | $1.1M – $2.2M |
| EBITDA range | $181K – $363K |
| Industry (NAICS) | Wood Container and Pallet Manufacturing (321920) |
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
People & advisors
Advisors
- BankingMabrey 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 Roles are as stated there and may be out of date.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
| Mabrey Bank PPP 2021 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/26/2021 | first | $10K | 5 |
About Spencer's Custom Crating
Spencer's Custom Crating is a wood container and pallet manufacturing company in Fort Gibson, Oklahoma. Its estimated annual revenue is about $1.9M, with roughly $306K of EBITDA. It has about 5 employees. Its estimated business value is $919K (likely range $435K–$1.3M).
Common questions
- Who owns Spencer's Custom Crating?
- The owner of Spencer's Custom Crating 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 Spencer's Custom Crating make?
- SeeBITDA estimates Spencer's Custom Crating's annual revenue at about $1.9M (likely between $1.1M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spencer's Custom Crating worth?
- About $919K, roughly 3× its estimated EBITDA of $306K, typical for a wood container and pallet manufacturing company its size. Likely range: $435K–$1.3M.
- How many employees does Spencer's Custom Crating have?
- About 5, as reported on its PPP loan.