Thig, LLC
How we got $4.1M
Based on its 15 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 14% 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 |
|---|---|---|
| THIG, LLC this business | $3.0M | — |
| Aloft Tulsa | $1.9M | 0.0 mi |
| Renaissance Tulsa Hotel & Convention Center Tulsa | $1.9M | 0.2 mi |
| Weddings at Renaissance Tulsa Tulsa | $1.9M | 0.2 mi |
| South Port Apartments Tulsa | $1.9M | 0.5 mi |
| Candlewood Suites Tulsa, An Ihg Hotel Tulsa | $1.9M | 0.5 mi |
| WOOD LLC Tulsa · 37 employees | $3.7M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 15 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.5M |
| Estimate: the two combined (geometric mean) | $3.0M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $827K |
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 | $4.1M |
| Multiple for this size and industry | 4.9× |
| Value range | $2.1M – $5.5M |
| Revenue range | $2.0M – $3.4M |
| EBITDA range | $544K – $943K |
| Industry (NAICS) | Hotels (except Casino Hotels) and Motels (721110) |
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
- BankingFirst Bank of OwassoPPP / 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 Roles are as stated there and may be out of date.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
| First Bank of Owasso PPP 2020, PPP 2021 | All 426 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $92K | 15 |
| 1/16/2021 | second | $128K | 15 |
About Thig, LLC
Thig, LLC is a hotels & motels company in Tulsa, Oklahoma. Its estimated annual revenue is about $3.0M, with roughly $827K of EBITDA. It has about 15 employees. Its estimated business value is $4.1M (likely range $2.1M–$5.5M).
Common questions
- Who owns Thig, LLC?
- The owner of Thig, LLC 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 Thig, LLC make?
- SeeBITDA estimates Thig, LLC's annual revenue at about $3.0M (likely between $2.0M and $3.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Thig, LLC worth?
- About $4.1M, roughly 4.9× its estimated EBITDA of $827K, typical for a hotels & motels company its size. Likely range: $2.1M–$5.5M.
- How many employees does Thig, LLC have?
- About 15, as reported on its PPP loan.