Tonkawa Casino
How we got $794K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Tonkawa Hotel & Casino is a casino hotel in Tonkawa, Oklahoma, offering games, hotel rooms, an RV park, dining and family entertainment for visitors. It is operated by the Tonkawa Tribe.
From the company's website. Industry: Casinos (except Casino Hotels).
Estimated value over time
▼ 3% 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 |
|---|---|---|
| TONKAWA CASINO this business | $1.5M | — |
| TONKAWA TRIBE OF INDIANS OF OKLAHOMA Tonkawa · 165 employees | $62.9M | 4.9 mi |
| Osage Casino Hotel - Ponca City Ponca City | $70.3M | 12.3 mi |
| Darrens BlackJack Blast Ponca City Ponca City | $23.4M | 12.7 mi |
| FIRST COUNCIL CASINO - PERRY Red Rock · 378 employees | $148.6M | 15.9 mi |
| OTOE MISSOURIA DEVELOPMENT AUTHORITY Red Rock · 119 employees | $43.8M | 15.9 mi |
| 7 Clans Gasino Red Rock | $23.4M | 16.7 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.3M |
| Estimate: the two combined (geometric mean) | $1.5M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $294K |
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 | $794K |
| Multiple for this size and industry | 2.7× |
| Value range | $418K – $1.1M |
| Revenue range | $960K – $1.7M |
| EBITDA range | $193K – $335K |
| Industry (NAICS) | Casinos (except Casino Hotels) (713210) |
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 National Bank of OklahomaPPP / 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 National Bank of Oklahoma PPP 2020 | All 405 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $25K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tonkawa Casino
Tonkawa Casino is a casinos (except casino hotels) company in Tonkawa, Oklahoma. Its estimated annual revenue is about $1.5M, with roughly $294K of EBITDA. It has about 3 employees. Its estimated business value is $794K (likely range $418K–$1.1M).
Common questions
- Who owns Tonkawa Casino?
- The owner of Tonkawa Casino 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 Tonkawa Casino make?
- SeeBITDA estimates Tonkawa Casino's annual revenue at about $1.5M (likely between $960K and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tonkawa Casino worth?
- About $794K, roughly 2.7× its estimated EBITDA of $294K, typical for a casinos (except casino hotels) company its size. Likely range: $418K–$1.1M.
- How many employees does Tonkawa Casino have?
- About 3, as reported on its PPP loan.