Tcal Incorporated
How we got $942K
Based on its 7 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 28% since 2021Today'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 |
|---|---|---|
| TCAL INCORPORATED this business | $3.1M | — |
| OLIVE AND ORA BAKING COMPANY LLC Tulsa · 5 employees | $391K | 6.4 mi |
| SUNRAY BAKERY CAFE LLC Tulsa · 2 employees | $322K | 7.0 mi |
| SPECIALTY BAKERY OF TULSA, INC. Tulsa · 35 employees | $13.8M | 7.9 mi |
| BLUE MOON BAKERY, INC. Tulsa · 18 employees | $1.5M | 7.9 mi |
| FELIZSTA LLC Tulsa · 5 employees | $573K | 8.4 mi |
| SPURRIER HOLE FOODS COMPANY LLC Tulsa · 6 employees | $639K | 9.1 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.2M |
| Estimate: the two combined (geometric mean) | $3.1M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $314K |
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 | $942K |
| Multiple for this size and industry | 3× |
| Value range | $496K – $1.3M |
| Revenue range | $2.0M – $3.5M |
| EBITDA range | $207K – $358K |
| Industry (NAICS) | Commercial Bakeries (311812) |
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
- BankingHarvest Small Business Finance, LLCPPP / 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 Roles are as stated there and may be out of date.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
| Harvest Small Business Finance, LLC PPP 2021 | All 31 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/1/2021 | first | $72K | 7 |
| 4/23/2021 | second | $72K | 7 |
About Tcal Incorporated
Tcal Incorporated is a commercial bakeries company in Sand Springs, Oklahoma. Its estimated annual revenue is about $3.1M, with roughly $314K of EBITDA. It has about 7 employees. Its estimated business value is $942K (likely range $496K–$1.3M).
Common questions
- Who owns Tcal Incorporated?
- The owner of Tcal Incorporated 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 Tcal Incorporated make?
- SeeBITDA estimates Tcal Incorporated's annual revenue at about $3.1M (likely between $2.0M and $3.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tcal Incorporated worth?
- About $942K, roughly 3× its estimated EBITDA of $314K, typical for a commercial bakeries company its size. Likely range: $496K–$1.3M.
- How many employees does Tcal Incorporated have?
- About 7, as reported on its PPP loan.