Statewide Painting Contr's.
How we got $2.6M
Based on its 46 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 16% 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 |
|---|---|---|
| STATEWIDE PAINTING CONTR'S. this business | $10.8M | — |
| STATEWIDE PAINTING CONTRACTORS, INC. Oklahoma City · 47 employees | $11.2M | 0.0 mi |
| CORONA DRYWALL INC. Oklahoma City · 10 employees | $3.3M | 0.2 mi |
| BECKETT BROTHERS CUSTOM FLOORS, LLC Oklahoma City · 7 employees | $2.7M | 0.4 mi |
| CUSTOM FLOORS LLC Oklahoma City · 1 employees | $397K | 0.4 mi |
| COUNTER-TOPS BY TOM, INC. Oklahoma City · 8 employees | $1.3M | 0.6 mi |
| EVERSASH, LP Oklahoma City · 12 employees | $2.6M | 0.7 mi |
The full calculation
| Employees reported to the SBA | 46 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $9.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $12.8M |
| Estimate: the two combined (geometric mean) | $10.8M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $937K |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has fallen 3% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $2.6M |
| Multiple for this size and industry | 2.8× |
| Value range | $1.6M – $4.1M |
| Revenue range | $8.1M – $14.0M |
| EBITDA range | $703K – $1.2M |
| 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
- BankingFirst United Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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
| First United Bank and Trust Company PPP 2021 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 1/27/2021 | second | $588K | 46 |
About Statewide Painting Contr's.
Statewide Painting Contr's. is a painting contractors company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $10.8M, with roughly $937K of EBITDA. It has about 46 employees. Its estimated business value is $2.6M (likely range $1.6M–$4.1M).
Common questions
- Who owns Statewide Painting Contr's.?
- The owner of Statewide Painting Contr's. 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 Statewide Painting Contr's. make?
- SeeBITDA estimates Statewide Painting Contr's.'s annual revenue at about $10.8M (likely between $8.1M and $14.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Statewide Painting Contr's. worth?
- About $2.6M, roughly 2.8× its estimated EBITDA of $937K, typical for a painting contractors company its size. Likely range: $1.6M–$4.1M.
- How many employees does Statewide Painting Contr's. have?
- About 46, as reported on its PPP loan.