Summit Strength Inc
How we got $840K
Based on 3 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
Estimated value over time
▼ 4% 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 STRENGTH INC this business | $622K | — |
| TULSA BIKE SHARE INC Tulsa · 5 employees | $258K | 0.6 mi |
| ABCO PARTY RENTALS, LLC Tulsa · 32 employees | $6.2M | 0.9 mi |
| Jumpman Party Rentals Tulsa | $2.1M | 3.6 mi |
| PROCARE COMMUNITY RESIDENTIAL SERVICES, INC. Tulsa · 19 employees | $5.9M | 3.8 mi |
| Bounce Pro Inflatables Tulsa | $1.1M | 6.9 mi |
| FUZED ENTERPRISES LLC Tulsa · 1 employees | $163K | 6.9 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Industry revenue per employee | $158K |
| Revenue = employees × revenue per employee | $622K |
| EBITDA margin (industry, adjusted for size) | 45% |
| EBITDA = revenue × margin | $280K |
| Cross-check: revenue implied by PPP payroll | $87K |
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 | $840K |
| Multiple for this size and industry | 3× |
| Value range | $398K – $1.2M |
| Revenue range | $368K – $736K |
| EBITDA range | $166K – $331K |
| Industry (NAICS) | Formal Wear and Costume Rental (532281) |
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. 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
- BankingIntuit Financing Inc.PPP / 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 Roles are as stated there and may be out of date.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
| Intuit Financing Inc. PPP 2020 | All 111 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 6/30/2020 | first | $2K | 3 |
About Summit Strength Inc
Summit Strength Inc is a formal wear and costume rental company in Tulsa, Oklahoma. Its estimated annual revenue is about $622K, with roughly $280K of EBITDA. It has about 3 employees. Its estimated business value is $840K (likely range $398K–$1.2M).
Common questions
- Who owns Summit Strength Inc?
- The owner of Summit Strength 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 Summit Strength Inc make?
- SeeBITDA estimates Summit Strength Inc's annual revenue at about $622K (likely between $368K and $736K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Summit Strength Inc worth?
- About $840K, roughly 3× its estimated EBITDA of $280K, typical for a formal wear and costume rental company its size. Likely range: $398K–$1.2M.
- How many employees does Summit Strength Inc have?
- About 3, as reported on its PPP loan.