Star Painting & Protective Coatings, Inc.
How we got $190K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 21% 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 |
|---|---|---|
| STAR PAINTING & PROTECTIVE COATINGS, INC. this business | $665K | — |
| ALEX PAZ Tulsa · 1 employees | $290K | 0.2 mi |
| AP PRO PAINTING LLC Tulsa · 3 employees | $830K | 0.3 mi |
| AFFORDABLE INSULATION OF OKLAHOMA INC Tulsa · 4 employees | $1.9M | 0.3 mi |
| VALE PAINTING CO, INC. Tulsa · 32 employees | $9.6M | 0.4 mi |
| REISS MANAGEMENT COMPANY LLC Tulsa | $10.4M | 0.7 mi |
| EA STONE, LLC Tulsa · 5 employees | $1.3M | 1.3 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $512K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $665K |
| Estimate: the two combined (geometric mean) | $665K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $100K |
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 | $190K |
| Multiple for this size and industry | 1.9× |
| Value range | $100K – $260K |
| Revenue range | $438K – $759K |
| EBITDA range | $66K – $114K |
| Industry (NAICS) | Painting and Wall Covering Contractors (238320) |
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
- BankingThe Exchange 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 Roles are as stated there and may be out of date.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
| The Exchange Bank PPP 2020, PPP 2021 | All 125 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $17K | 2 |
| 1/21/2021 | second | $17K | 2 |
About Star Painting & Protective Coatings, Inc.
Star Painting & Protective Coatings, Inc. is a painting contractors company in Tulsa, Oklahoma. Its estimated annual revenue is about $665K, with roughly $100K of EBITDA. It has about 2 employees. Its estimated business value is $190K (likely range $100K–$260K).
Common questions
- Who owns Star Painting & Protective Coatings, Inc.?
- The owner of Star Painting & Protective Coatings, 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 Star Painting & Protective Coatings, Inc. make?
- SeeBITDA estimates Star Painting & Protective Coatings, Inc.'s annual revenue at about $665K (likely between $438K and $759K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Star Painting & Protective Coatings, Inc. worth?
- About $190K, roughly 1.9× its estimated EBITDA of $100K, typical for a painting contractors company its size. Likely range: $100K–$260K.
- How many employees does Star Painting & Protective Coatings, Inc. have?
- About 2, as reported on its PPP loan.