Swichgrass-III, LLC
How we got $2.6M
Based on its 108 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 29% 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 |
|---|---|---|
| SWICHGRASS-III, LLC this business | $12.5M | — |
| QUALITY BRAND MANAGEMENT II, LLC Broken Arrow · 47 employees | $7.0M | 0.0 mi |
| SWICHGRASS-IV, LLC Broken Arrow · 29 employees | $3.0M | 0.0 mi |
| SWITCHGRASS-VI, LLC Broken Arrow · 332 employees | $36.9M | 0.0 mi |
| Burger King Broken Arrow | $1.7M | 0.0 mi |
| Church's Texas Chicken Broken Arrow | $1.7M | 0.1 mi |
| Duffy's Restaurant Broken Arrow | $1.7M | 0.1 mi |
The full calculation
| Employees reported to the SBA | 108 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $9.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $12.3M |
| Estimate: the two combined (geometric mean) | $12.5M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $996K |
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 | $2.6M |
| Multiple for this size and industry | 2.6× |
| Value range | $1.4M – $3.5M |
| Revenue range | $8.3M – $14.3M |
| EBITDA range | $655K – $1.1M |
| Industry (NAICS) | Limited-Service Restaurants (722513) |
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
- BankingBank 7PPP / 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 Roles are as stated there and may be out of date.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
| Bank 7 PPP 2020 | All 400 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $393K | 108 |
About Swichgrass-III, LLC
Swichgrass-III, LLC is a restaurants company in Broken Arrow, Oklahoma. Its estimated annual revenue is about $12.5M, with roughly $996K of EBITDA. It has about 108 employees. Its estimated business value is $2.6M (likely range $1.4M–$3.5M).
Common questions
- Who owns Swichgrass-III, LLC?
- The owner of Swichgrass-III, 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 Swichgrass-III, LLC make?
- SeeBITDA estimates Swichgrass-III, LLC's annual revenue at about $12.5M (likely between $8.3M and $14.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Swichgrass-III, LLC worth?
- About $2.6M, roughly 2.6× its estimated EBITDA of $996K, typical for a restaurants company its size. Likely range: $1.4M–$3.5M.
- How many employees does Swichgrass-III, LLC have?
- About 108, as reported on its PPP loan.