Tate Enterprises, Inc.
How we got $964K
Based on its 11 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 43% 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 |
|---|---|---|
| TATE ENTERPRISES, INC. this business | $2.9M | — |
| Grove Ok 144 Grove | $1.4M | 0.4 mi |
| DORIGHT AUTOMOTIVE LLC Grove · 6 employees | $1.2M | 0.4 mi |
| NOVUS Glass of Grove Grove | $1.4M | 0.9 mi |
| LES' AUTO REPAIR, LLC Grove · 4 employees | $1.0M | 1.0 mi |
| Showtime Grove | $1.4M | 1.2 mi |
| Island Mobile Detail Llc Grove | $1.4M | 1.3 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.4M |
| Estimate: the two combined (geometric mean) | $2.9M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $357K |
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 | $964K |
| Multiple for this size and industry | 2.7× |
| Value range | $507K – $1.3M |
| Revenue range | $1.9M – $3.3M |
| EBITDA range | $235K – $407K |
| Industry (NAICS) | All Other Automotive Repair and Maintenance (811198) |
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
- BankingGrand Savings 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 Roles are as stated there and may be out of date.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
| Grand Savings Bank PPP 2020 | All 196 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $78K | 11 |
About Tate Enterprises, Inc.
Tate Enterprises, Inc. is an auto repair company in Grove, Oklahoma. Its estimated annual revenue is about $2.9M, with roughly $357K of EBITDA. It has about 11 employees. Its estimated business value is $964K (likely range $507K–$1.3M).
Common questions
- Who owns Tate Enterprises, Inc.?
- The owner of Tate Enterprises, 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 Tate Enterprises, Inc. make?
- SeeBITDA estimates Tate Enterprises, Inc.'s annual revenue at about $2.9M (likely between $1.9M and $3.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tate Enterprises, Inc. worth?
- About $964K, roughly 2.7× its estimated EBITDA of $357K, typical for a auto repair company its size. Likely range: $507K–$1.3M.
- How many employees does Tate Enterprises, Inc. have?
- About 11, as reported on its PPP loan.