T-Town Leather
How we got $303K
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
▲ 14% 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-TOWN LEATHER this business | $1.4M | — |
| VIP TOPS & BOTTOMS Tulsa · 3 employees | $1.7M | 3.3 mi |
| NEW LANE BOUTIQUE LC Tulsa · 1 employees | $374K | 3.7 mi |
| HABIT BOUTIQUE LLC Tulsa · 1 employees | $445K | 4.0 mi |
| CHEAP THRILLS INC Tulsa · 1 employees | $577K | 4.4 mi |
| SALTINK ENTERPRISES LLC Tulsa · 2 employees | $611K | 4.5 mi |
| WINFREY CLOTHIERS, INC. Tulsa · 1 employees | $635K | 4.5 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $913K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.7M |
| Estimate: the two combined (geometric mean) | $1.4M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $151K |
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 | $303K |
| Multiple for this size and industry | 2× |
| Value range | $159K – $414K |
| Revenue range | $948K – $1.6M |
| EBITDA range | $100K – $172K |
| Industry (NAICS) | Retail Trade (448190) |
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: approximate sector default. 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
- BankingThe Central Trust 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 Roles are as stated there and may be out of date.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
| The Central Trust Bank PPP 2020 | All 323 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $24K | 2 |
About T-Town Leather
T-Town Leather is a retail trade company in Tulsa, Oklahoma. Its estimated annual revenue is about $1.4M, with roughly $151K of EBITDA. It has about 2 employees. Its estimated business value is $303K (likely range $159K–$414K).
Common questions
- Who owns T-Town Leather?
- The owner of T-Town Leather 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-Town Leather make?
- SeeBITDA estimates T-Town Leather's annual revenue at about $1.4M (likely between $948K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is T-Town Leather worth?
- About $303K, roughly 2× its estimated EBITDA of $151K, typical for a retail trade company its size. Likely range: $159K–$414K.
- How many employees does T-Town Leather have?
- About 2, as reported on its PPP loan.