Spider Lift Boat Covers
How we got $138K
Based on its 3 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 |
|---|---|---|
| SPIDER LIFT BOAT COVERS this business | $495K | — |
| Used Parts Washers Miami | $3.0M | 0.8 mi |
| Mvp Sport Miami | $3.0M | 1.1 mi |
| MIAMI MISSIONARY TENT COMPANY, INC. Miami · 21 employees | $3.6M | 1.6 mi |
| Hopkins Mfg . Miami | $3.0M | 1.7 mi |
| Oklahoma Leather Products Miami | $3.0M | 1.8 mi |
| Scepter Manufacturing Miami | $3.0M | 1.8 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $612K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $308K |
| Estimate: the two combined (geometric mean) | $495K |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $55K |
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 | $138K |
| Multiple for this size and industry | 2.5× |
| Value range | $73K – $189K |
| Revenue range | $325K – $564K |
| EBITDA range | $36K – $63K |
| Industry (NAICS) | Textile Bag and Canvas Mills (314910) |
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
- 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 Roles are as stated there and may be out of date.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 | $10K | 3 |
About Spider Lift Boat Covers
Spider Lift Boat Covers is a textile bag and canvas mills company in Miami, Oklahoma. Its estimated annual revenue is about $495K, with roughly $55K of EBITDA. It has about 3 employees. Its estimated business value is $138K (likely range $73K–$189K).
Common questions
- Who owns Spider Lift Boat Covers?
- The owner of Spider Lift Boat Covers 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 Spider Lift Boat Covers make?
- SeeBITDA estimates Spider Lift Boat Covers's annual revenue at about $495K (likely between $325K and $564K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spider Lift Boat Covers worth?
- About $138K, roughly 2.5× its estimated EBITDA of $55K, typical for a textile bag and canvas mills company its size. Likely range: $73K–$189K.
- How many employees does Spider Lift Boat Covers have?
- About 3, as reported on its PPP loan.