Tlc Painting Inc
How we got $2.8M
Based on its 18 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
What they do
TLC Painting Inc is a Tulsa-area painting contractor offering residential, commercial and industrial painting and roof coatings. It serves homeowners and businesses in the Greater Tulsa Area, including industrial and oil field workplaces.
From the company's website. Industry: Nonresidential Property Managers.
Customers & suppliers
Customers
- Drysdales, Inc · named on its website
- Thornton Family YMCA · named on its website
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- EXPLORER PIPELINE COMPANY · Tulsa, 4 mi · $619.2M
- MID-CON ENERGY OPERATING, LLC · Tulsa, 4 mi · $467.7M
- SAMSON RESOURCES II OPCO, LLC · Tulsa, 7 mi · $326.7M
- BKG INDUSTRIES, LLC · Stigler, 70 mi · $318.2M
- SUPERIOR MIDSTREAM, LLC · Tulsa, 7 mi · $315.1M
Estimated value over time
▲ 35% 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 |
|---|---|---|
| TLC PAINTING INC this business | $3.5M | — |
| JIT HOLDINGS LLC Tulsa · 2 employees | $1.1M | 0.4 mi |
| CHECKMARK TULSA LLC Tulsa · 7 employees | $2.6M | 0.5 mi |
| T&S TAYLOR ENTERPRISES Tulsa · 5 employees | $1.6M | 0.9 mi |
| TULSA PROPERTY GROUP LEASING AND MANAGEMENT INC Tulsa · 7 employees | $2.0M | 1.0 mi |
| COLLINS AND ASSOCIATES INC. Tulsa · 24 employees | $5.0M | 1.0 mi |
| APEX TITLE AND CLOSING SERVICES, LLC Tulsa · 65 employees | $24.8M | 1.0 mi |
The full calculation
| Employees reported to the SBA | 18 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.4M |
| Estimate: the two combined (geometric mean) | $3.5M |
| EBITDA margin (industry, adjusted for size) | 26% |
| EBITDA = revenue × margin | $922K |
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 | $2.8M |
| Multiple for this size and industry | 3× |
| Value range | $1.5M – $3.8M |
| Revenue range | $2.3M – $4.0M |
| EBITDA range | $606K – $1.1M |
| Industry (NAICS) | Nonresidential Property Managers (531312) |
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 Oklahoma 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
| First Oklahoma Bank PPP 2020, PPP 2021 | All 695 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $124K | 18 |
| 2/3/2021 | second | $124K | 17 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tlc Painting Inc
Tlc Painting Inc is a nonresidential property managers company in Tulsa, Oklahoma, in business since 2002. Its estimated annual revenue is about $3.5M, with roughly $922K of EBITDA. It has about 18 employees. Its estimated business value is $2.8M (likely range $1.5M–$3.8M).
Common questions
- Who owns Tlc Painting Inc?
- The owner of Tlc Painting Inc 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 Tlc Painting Inc make?
- SeeBITDA estimates Tlc Painting Inc's annual revenue at about $3.5M (likely between $2.3M and $4.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tlc Painting Inc worth?
- About $2.8M, roughly 3× its estimated EBITDA of $922K, typical for a nonresidential property managers company its size. Likely range: $1.5M–$3.8M.
- How many employees does Tlc Painting Inc have?
- About 18, as reported on its PPP loan.
- When was Tlc Painting Inc founded?
- Tlc Painting Inc has been in business since 2002.