The 405 Mercantile Corp
How we got $480K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 19% 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 |
|---|---|---|
| THE 405 MERCANTILE CORP this business | $2.5M | — |
| ALPINE SUMMIT SUPPLY, LLC Stillwater · 5 employees | $1.6M | 0.0 mi |
| STILLWATER SUMMIT COMPANY, LLC Stillwater · 2 employees | $811K | 0.0 mi |
| KPS LLC Stillwater · 2 employees | $873K | 0.0 mi |
| EVERYMAN LLC Stillwater · 16 employees | $5.4M | 0.0 mi |
| LILLYS LAVENDER LLC Stillwater · 6 employees | $2.3M | 0.0 mi |
| LILLYSLAVENDER DBA GREIGE GOODS Stillwater · 7 employees | $2.4M | 0.0 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.4M |
| Estimate: the two combined (geometric mean) | $2.5M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $240K |
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 | $480K |
| Multiple for this size and industry | 2× |
| Value range | $253K – $657K |
| Revenue range | $1.7M – $2.9M |
| EBITDA range | $158K – $274K |
| Industry (NAICS) | Retail Trade (448150) |
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 Citizens Bank of EdmondPPP / 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 Roles are as stated there and may be out of date.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 Citizens Bank of Edmond 7(a) 2020, PPP 2020, PPP 2021 | All 502 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $30K | 5 |
| 1/19/2021 | second | $30K | 3 |
Public records
| May 2020 | 7(a) | $25K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About The 405 Mercantile Corp
The 405 Mercantile Corp is a retail trade company in Stillwater, Oklahoma. Its estimated annual revenue is about $2.5M, with roughly $240K of EBITDA. It has about 5 employees. Its estimated business value is $480K (likely range $253K–$657K).
Common questions
- Who owns The 405 Mercantile Corp?
- The owner of The 405 Mercantile Corp 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 The 405 Mercantile Corp make?
- SeeBITDA estimates The 405 Mercantile Corp's annual revenue at about $2.5M (likely between $1.7M and $2.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is The 405 Mercantile Corp worth?
- About $480K, roughly 2× its estimated EBITDA of $240K, typical for a retail trade company its size. Likely range: $253K–$657K.
- How many employees does The 405 Mercantile Corp have?
- About 5, as reported on its PPP loan.