Steer Inn, Inc.
How we got $1.7M
Based on its 90 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 26% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| STEER INN, INC. this business | $7.3M | — |
| Lin Cuisine Cushing | $1.7M | 0.3 mi |
| The Broke Cowboy Cushing | $1.7M | 0.4 mi |
| The Peacock Rouxm Cushing | $1.7M | 0.4 mi |
| NAIFEH ENTERPRISE, LLC Cushing · 21 employees | $1.9M | 0.5 mi |
| The Naif Cafe Cushing | $1.7M | 0.5 mi |
| MASON'S INC Cushing · 10 employees | $626K | 0.5 mi |
The full calculation
| Employees reported to the SBA | 90 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.9M |
| Estimate: the two combined (geometric mean) | $7.3M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $661K |
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 | $1.7M |
| Multiple for this size and industry | 2.6× |
| Value range | $905K – $2.4M |
| Revenue range | $4.8M – $8.4M |
| EBITDA range | $435K – $754K |
| Industry (NAICS) | Full-Service Restaurants (722511) |
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
- BankingRCB 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 Roles are as stated there and may be out of date.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
| RCB Bank PPP 2020, PPP 2021 | All 1,690 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $270K | 90 |
| 1/23/2021 | second | $378K | 90 |
About Steer Inn, Inc.
Steer Inn, Inc. is a restaurants company in Cushing, Oklahoma. Its estimated annual revenue is about $7.3M, with roughly $661K of EBITDA. It has about 90 employees. Its estimated business value is $1.7M (likely range $905K–$2.4M).
Common questions
- Who owns Steer Inn, Inc.?
- The owner of Steer Inn, 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 Steer Inn, Inc. make?
- SeeBITDA estimates Steer Inn, Inc.'s annual revenue at about $7.3M (likely between $4.8M and $8.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Steer Inn, Inc. worth?
- About $1.7M, roughly 2.6× its estimated EBITDA of $661K, typical for a restaurants company its size. Likely range: $905K–$2.4M.
- How many employees does Steer Inn, Inc. have?
- About 90, as reported on its PPP loan.