Summit Automotive LLC
How we got $156K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 57% 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 |
|---|---|---|
| SUMMIT AUTOMOTIVE LLC this business | $419K | — |
| Goldsby Tag Agency Goldsby | $1.4M | 2.7 mi |
| Bellanca Aircraft Factory Washington | $1.4M | 2.8 mi |
| DMD Offroad Goldsby | $1.4M | 3.0 mi |
| AUTOVISION LLC Goldsby · 1 employees | $323K | 3.3 mi |
| KEITHS AUTOMOTIVE LLC Norman · 8 employees | $1.8M | 3.7 mi |
| Morris Auto Body Solutions Washington | $1.4M | 4.1 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $253K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $535K |
| Estimate: the two combined (geometric mean) | $419K |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $68K |
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 | $156K |
| Multiple for this size and industry | 2.3× |
| Value range | $82K – $213K |
| Revenue range | $276K – $478K |
| EBITDA range | $45K – $77K |
| Industry (NAICS) | General Automotive Repair (811111) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingFirst Fidelity 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 Roles are as stated there and may be out of date.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
| First Fidelity Bank PPP 2020, PPP 2021 | All 940 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $15K | 1 |
| 3/5/2021 | second | $15K | 1 |
About Summit Automotive LLC
Summit Automotive LLC is an auto repair company in Washington, Oklahoma. Its estimated annual revenue is about $419K, with roughly $68K of EBITDA. It has about 1 employees. Its estimated business value is $156K (likely range $82K–$213K).
Common questions
- Who owns Summit Automotive LLC?
- The owner of Summit Automotive LLC 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 Summit Automotive LLC make?
- SeeBITDA estimates Summit Automotive LLC's annual revenue at about $419K (likely between $276K and $478K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Summit Automotive LLC worth?
- About $156K, roughly 2.3× its estimated EBITDA of $68K, typical for a auto repair company its size. Likely range: $82K–$213K.
- How many employees does Summit Automotive LLC have?
- About 1, as reported on its PPP loan.