T&t Bank Lock & Key Service, LLC
How we got $175K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 46% 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 |
|---|---|---|
| T&T BANK LOCK & KEY SERVICE, LLC this business | $461K | — |
| Core Protective Solutions Edmond | $1.4M | 1.9 mi |
| Critical Fault, Llc. Edmond | $1.4M | 2.2 mi |
| BEVEL, GARDNER AND ASSOCIATES INC. Edmond · 1 employees | $206K | 2.4 mi |
| DIRECT PROTECTIVE SERVICES, LLC Edmond · 20 employees | $1.3M | 2.7 mi |
| CHOCTAW LOCKSMITH SERVICES, L.L.C. Edmond · 1 employees | $262K | 2.9 mi |
| Guard Dog Security Inc Edmond | $1.4M | 3.8 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $460K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $354K |
| Estimate: the two combined (geometric mean) | $461K |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $70K |
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 | $175K |
| Multiple for this size and industry | 2.5× |
| Value range | $92K – $240K |
| Revenue range | $303K – $525K |
| EBITDA range | $46K – $80K |
| Industry (NAICS) | Locksmiths (561622) |
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
People & advisors
Advisors
- BankingF & M 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 Roles are as stated there and may be out of date.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
| F & M Bank PPP 2020 | All 379 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/13/2020 | first | $11K | 2 |
About T&t Bank Lock & Key Service, LLC
T&t Bank Lock & Key Service, LLC is a security services company in Edmond, Oklahoma. Its estimated annual revenue is about $461K, with roughly $70K of EBITDA. It has about 2 employees. Its estimated business value is $175K (likely range $92K–$240K).
Common questions
- Who owns T&t Bank Lock & Key Service, LLC?
- The owner of T&t Bank Lock & Key Service, 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 T&t Bank Lock & Key Service, LLC make?
- SeeBITDA estimates T&t Bank Lock & Key Service, LLC's annual revenue at about $461K (likely between $303K and $525K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is T&t Bank Lock & Key Service, LLC worth?
- About $175K, roughly 2.5× its estimated EBITDA of $70K, typical for a security services company its size. Likely range: $92K–$240K.
- How many employees does T&t Bank Lock & Key Service, LLC have?
- About 2, as reported on its PPP loan.