Spraytech Systems, Inc.
How we got $557K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 9% 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 |
|---|---|---|
| SPRAYTECH SYSTEMS, INC. this business | $4.5M | — |
| VICTORY WHOLESALE FLORIST Oklahoma City · 5 employees | $3.9M | 0.6 mi |
| JOHNSTON'S WAREHOUSING AND DISTRIBUTION COMPANY Oklahoma City · 2 employees | $1.9M | 1.2 mi |
| DILLON IMPORTING COMPANY, INC. Oklahoma City · 3 employees | $3.0M | 1.2 mi |
| CHAMPION SUPPLY COMPANY, LLC Oklahoma City · 19 employees | $15.2M | 1.8 mi |
| CUSTOM WOOD FIBERS & CEDAR MULCH, LLC Oklahoma City · 8 employees | $13.6M | 1.8 mi |
| SHOE HORSE INC Oklahoma City · 3 employees | $2.4M | 2.5 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.3M |
| Estimate: the two combined (geometric mean) | $4.5M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $232K |
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 | $557K |
| Multiple for this size and industry | 2.4× |
| Value range | $293K – $761K |
| Revenue range | $3.0M – $5.2M |
| EBITDA range | $153K – $264K |
| Industry (NAICS) | Paint, Varnish, and Supplies Merchant Wholesalers (424950) |
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
- 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 Roles are as stated there and may be out of date.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 2020 | All 170 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $43K | 5 |
About Spraytech Systems, Inc.
Spraytech Systems, Inc. is a paint, varnish, and supplies merchant wholesalers company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $4.5M, with roughly $232K of EBITDA. It has about 5 employees. Its estimated business value is $557K (likely range $293K–$761K).
Common questions
- Who owns Spraytech Systems, Inc.?
- The owner of Spraytech 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 Spraytech Systems, Inc. make?
- SeeBITDA estimates Spraytech Systems, Inc.'s annual revenue at about $4.5M (likely between $3.0M and $5.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Spraytech Systems, Inc. worth?
- About $557K, roughly 2.4× its estimated EBITDA of $232K, typical for a paint, varnish, and supplies merchant wholesalers company its size. Likely range: $293K–$761K.
- How many employees does Spraytech Systems, Inc. have?
- About 5, as reported on its PPP loan.