Texre
How we got $8.5M
Based on its 23 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 13% 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 |
|---|---|---|
| TEXRE this business | $17.8M | — |
| GREYSTONE LOGISTICS, INC Tulsa · 327 employees | $27.5M | 3.6 mi |
| CASTING CREATIONS, INC. Tulsa · 10 employees | $10.1M | 7.0 mi |
| ENDURO PIPELINE SERVICES INC. Tulsa · 156 employees | $184.5M | 7.7 mi |
| PHOENIX INDUSTRIAL INSULATION CORP Glenpool · 309 employees | $157.1M | 20.4 mi |
| NXTNANO, LLC Claremore · 23 employees | $15.7M | 22.7 mi |
| NUCERA SOLUTIONS, LLC Barnsdall | $48.5M | 26.9 mi |
The full calculation
| Employees reported to the SBA | 23 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $17.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $13.8M |
| Estimate: the two combined (geometric mean) | $17.8M |
| EBITDA margin (industry, adjusted for size) | 11% |
| EBITDA = revenue × margin | $1.9M |
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 | $8.5M |
| Multiple for this size and industry | 4.5× |
| Value range | $4.5M – $11.6M |
| Revenue range | $11.7M – $20.3M |
| EBITDA range | $1.2M – $2.1M |
| Industry (NAICS) | Synthetic Rubber Manufacturing (325212) |
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
- BankingArvest 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 Roles are as stated there and may be out of date.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
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $201K | 23 |
| 1/23/2021 | second | $249K | 23 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Texre
Texre is a synthetic rubber manufacturing company in Tulsa, Oklahoma. It is owned by Tom Kupke (President). Its estimated annual revenue is about $17.8M, with roughly $1.9M of EBITDA. It has about 23 employees. Its estimated business value is $8.5M (likely range $4.5M–$11.6M).
Common questions
- Who owns Texre?
- Texre is owned by Tom Kupke (President), according to public sources such as the company's website or filings.
- How much revenue does Texre make?
- SeeBITDA estimates Texre's annual revenue at about $17.8M (likely between $11.7M and $20.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Texre worth?
- About $8.5M, roughly 4.5× its estimated EBITDA of $1.9M, typical for a synthetic rubber manufacturing company its size. Likely range: $4.5M–$11.6M.
- How many employees does Texre have?
- About 23, as reported on its PPP loan.