Spray Tech Systems Inc
How we got $823K
Based on its 5 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▼ 14% 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 |
|---|---|---|
| SPRAY TECH SYSTEMS INC this business | $3.1M | — |
| VANTAGE POINT ITAD LLC Oklahoma City · 9 employees | $23.3M | 0.4 mi |
| OTERO SYSTEMS AND TECHNOLOGIES Oklahoma City · 3 employees | $7.8M | 0.4 mi |
| WOUND MANAGEMENT OF OKLAHOMA, INC. Oklahoma City · 14 employees | $13.2M | 1.1 mi |
| EOL TEK, LLC Okc · 4 employees | $8.2M | 1.2 mi |
| DIVERSE ASSETS LLC Oklahoma City · 8 employees | $4.0M | 1.3 mi |
| VENTILATEOK LLC Oklahoma City · 5 employees | $3.8M | 1.3 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.6M |
| Estimate: the two combined (geometric mean) | $3.1M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $284K |
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 | $823K |
| Multiple for this size and industry | 2.9× |
| Value range | $433K – $1.1M |
| Revenue range | $2.0M – $3.5M |
| EBITDA range | $187K – $324K |
| Industry (NAICS) | Other Commercial Equipment Merchant Wholesalers (423440) |
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
- BankingINTRUST 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 Roles are as stated there and may be out of date.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
| INTRUST Bank, National Association PPP 2021 | All 170 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/22/2021 | second | $47K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Spray Tech Systems Inc
Spray Tech Systems Inc is an other commercial equipment merchant wholesalers company in Oklahoma City, Oklahoma, in business since 2022. Its estimated annual revenue is about $3.1M, with roughly $284K of EBITDA. It has about 5 employees. Its estimated business value is $823K (likely range $433K–$1.1M).
Common questions
- Who owns Spray Tech Systems Inc?
- The owner of Spray Tech Systems Inc 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 Spray Tech Systems Inc make?
- SeeBITDA estimates Spray Tech Systems Inc's annual revenue at about $3.1M (likely between $2.0M and $3.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spray Tech Systems Inc worth?
- About $823K, roughly 2.9× its estimated EBITDA of $284K, typical for a other commercial equipment merchant wholesalers company its size. Likely range: $433K–$1.1M.
- How many employees does Spray Tech Systems Inc have?
- About 5, as reported on its PPP loan.
- When was Spray Tech Systems Inc founded?
- Spray Tech Systems Inc has been in business since 2022.