Three Bells Investments Elreno LLC
How we got $9.8M
Based on 14 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
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 |
|---|---|---|
| THREE BELLS INVESTMENTS ELRENO LLC this business | $9.6M | — |
| THREE BELL INVESTMENTS WALNUT LLC Norman · 15 employees | $7.2M | 0.0 mi |
| Public Storage - Norman Norman | $1.7M | 0.7 mi |
| SecurCare Self Storage Norman | $1.7M | 0.7 mi |
| Public Storage Norman | $1.7M | 1.0 mi |
| Amazon Locker - Kay Norman | $1.7M | 1.2 mi |
| WE BUY HOUSES, LLC Norman · 2 employees | $970K | 1.6 mi |
The full calculation
| Employees reported to the SBA | 14 |
| Industry revenue per employee | $379K |
| Revenue = employees × revenue per employee | $9.6M |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $2.2M |
| Cross-check: revenue implied by PPP payroll | $1.7M |
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 | $9.8M |
| Multiple for this size and industry | 4.4× |
| Value range | $4.6M – $13.9M |
| Revenue range | $5.7M – $11.4M |
| EBITDA range | $1.3M – $2.6M |
| Industry (NAICS) | Lessors of Nonresidential Buildings (except Miniwarehouses) (531120) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
History & advisors
Advisors
- BankingFirst United Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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 United Bank and Trust Company PPP 2020, PPP 2021 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $25K | 4 |
| 4/7/2020 | first | $33K | 5 |
| 4/9/2020 | first | $25K | 4 |
| 1/29/2021 | second | $63K | 14 |
| 1/29/2021 | second | $25K | 5 |
| 2/2/2021 | second | $33K | 5 |
| 2/2/2021 | second | $25K | 4 |
About Three Bells Investments Elreno LLC
Three Bells Investments Elreno LLC is a lessors of nonresidential buildings (except miniwarehouses) company in Norman, Oklahoma. Its estimated annual revenue is about $9.6M, with roughly $2.2M of EBITDA. It has about 14 employees. Its estimated business value is $9.8M (likely range $4.6M–$13.9M).
Common questions
- Who owns Three Bells Investments Elreno LLC?
- The owner of Three Bells Investments Elreno 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 Three Bells Investments Elreno LLC make?
- SeeBITDA estimates Three Bells Investments Elreno LLC's annual revenue at about $9.6M (likely between $5.7M and $11.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Three Bells Investments Elreno LLC worth?
- About $9.8M, roughly 4.4× its estimated EBITDA of $2.2M, typical for a lessors of nonresidential buildings (except miniwarehouses) company its size. Likely range: $4.6M–$13.9M.
- How many employees does Three Bells Investments Elreno LLC have?
- About 14, as reported on its PPP loan.