Tes Productions, Inc
How we got $8.8M
Based on its 24 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 |
|---|---|---|
| TES PRODUCTIONS, INC this business | $12.6M | — |
| Admiral Twin Drive-in Tulsa | $1.6M | 1.2 mi |
| AMC Southroads Tulsa | $1.6M | 3.0 mi |
| AVCOM PRODUCTIONS INC Tulsa · 8 employees | $3.4M | 3.0 mi |
| DOUGLAS CRAIN Tulsa · 1 employees | $716K | 3.1 mi |
| FLYING COLORS MEDIA LLC Tulsa · 2 employees | $1.0M | 3.1 mi |
| CLOUD NINE PRODUCTIONS, INC. Tulsa · 3 employees | $1.6M | 3.3 mi |
The full calculation
| Employees reported to the SBA | 24 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $13.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.2M |
| Estimate: the two combined (geometric mean) | $12.6M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $2.0M |
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 | $8.8M |
| Multiple for this size and industry | 4.5× |
| Value range | $4.6M – $12.0M |
| Revenue range | $8.3M – $14.4M |
| EBITDA range | $1.3M – $2.2M |
| Industry (NAICS) | Motion Picture and Video Production (512110) |
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
- 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 Roles are as stated there and may be out of date.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, PPP 2021 | All 323 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $264K | 24 |
| 1/21/2021 | second | $264K | 24 |
2 locations
| 6943 E 12TH ST | Tulsa | This listing |
| 7707 E 38th St | Tulsa | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tes Productions, Inc
Tes Productions, Inc is a motion picture and video production company in Tulsa, Oklahoma. It is owned by Michael Frankenburger (Founder). Its estimated annual revenue is about $12.6M, with roughly $2.0M of EBITDA. It has about 24 employees. Its estimated business value is $8.8M (likely range $4.6M–$12.0M). It has 2 locations.
Common questions
- Who owns Tes Productions, Inc?
- Tes Productions, Inc is owned by Michael Frankenburger (Founder), according to public sources such as the company's website or filings.
- How much revenue does Tes Productions, Inc make?
- SeeBITDA estimates Tes Productions, Inc's annual revenue at about $12.6M (likely between $8.3M and $14.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tes Productions, Inc worth?
- About $8.8M, roughly 4.5× its estimated EBITDA of $2.0M, typical for a motion picture and video production company its size. Likely range: $4.6M–$12.0M.
- How many employees does Tes Productions, Inc have?
- About 24, as reported on its PPP loan.