Statewide Painting Contractors, Inc.
How we got $5.1M
Based on its 47 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 |
|---|---|---|
| STATEWIDE PAINTING CONTRACTORS, INC. this business | $17.2M | — |
| STATEWIDE PAINTING CONTR'S. Oklahoma City · 46 employees | $16.6M | 0.0 mi |
| CORONA DRYWALL INC. Oklahoma City · 10 employees | $4.9M | 0.2 mi |
| BECKETT BROTHERS CUSTOM FLOORS, LLC Oklahoma City · 7 employees | $4.1M | 0.4 mi |
| CUSTOM FLOORS LLC Oklahoma City · 1 employees | $596K | 0.4 mi |
| COUNTER-TOPS BY TOM, INC. Oklahoma City · 8 employees | $1.9M | 0.6 mi |
| EVERSASH, LP Oklahoma City · 12 employees | $3.9M | 0.7 mi |
The full calculation
| Employees reported to the SBA | 47 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $12.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $18.2M |
| Estimate: the two combined (geometric mean) | $17.2M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $1.5M |
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 | $5.1M |
| Multiple for this size and industry | 3.4× |
| Value range | $2.7M – $6.9M |
| Revenue range | $11.3M – $19.6M |
| EBITDA range | $982K – $1.7M |
| 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 Roles are as stated there and may be out of date.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 2020 | 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 |
|---|---|---|---|
| 4/28/2020 | first | $621K | 47 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Statewide Painting Contractors, Inc.
Statewide Painting Contractors, Inc. is a painting contractors company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $17.2M, with roughly $1.5M of EBITDA. It has about 47 employees. Its estimated business value is $5.1M (likely range $2.7M–$6.9M).
Common questions
- Who owns Statewide Painting Contractors, Inc.?
- The owner of Statewide Painting Contractors, 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 Statewide Painting Contractors, Inc. make?
- SeeBITDA estimates Statewide Painting Contractors, Inc.'s annual revenue at about $17.2M (likely between $11.3M and $19.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Statewide Painting Contractors, Inc. worth?
- About $5.1M, roughly 3.4× its estimated EBITDA of $1.5M, typical for a painting contractors company its size. Likely range: $2.7M–$6.9M.
- How many employees does Statewide Painting Contractors, Inc. have?
- About 47, as reported on its PPP loan.