Topco Distributing Inc
How we got $2.8M
Based on its 33 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 21% 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 |
|---|---|---|
| TOPCO DISTRIBUTING INC this business | $10.6M | — |
| RITTER RENOVATION LLC Warr Acres · 1 employees | $289K | 1.0 mi |
| SSS FENCE, LLC Bethany · 6 employees | $1.9M | 1.1 mi |
| CASCADA PAINTING & DRYWALL, INC Oklahoma City · 1 employees | $314K | 1.2 mi |
| CONESTOGA CUSTOM TRIM LLC Oklahoma City · 1 employees | $372K | 1.2 mi |
| PRO FLOW SEAMLESS GUTTERS LLC Bethany · 1 employees | $298K | 1.2 mi |
| PHOENIX PAINTING AND REMODELING LLC Oklahoma City · 1 employees | $271K | 1.4 mi |
The full calculation
| Employees reported to the SBA | 33 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.8M |
| Estimate: the two combined (geometric mean) | $10.6M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $991K |
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 | 2.8× |
| Value range | $1.5M – $3.8M |
| Revenue range | $7.0M – $12.1M |
| EBITDA range | $652K – $1.1M |
| Industry (NAICS) | Finish Carpentry Contractors (238350) |
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 Company, MidFirst 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 Roles are as stated there and may be out of date.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 United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
| MidFirst Bank PPP 2021 | All 2,403 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 | $232K | 21 |
| 1/27/2021 | second | $234K | 33 |
About Topco Distributing Inc
Topco Distributing Inc is a finish carpentry contractors company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $10.6M, with roughly $991K of EBITDA. It has about 33 employees. Its estimated business value is $2.8M (likely range $1.5M–$3.8M).
Common questions
- Who owns Topco Distributing Inc?
- The owner of Topco Distributing 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 Topco Distributing Inc make?
- SeeBITDA estimates Topco Distributing Inc's annual revenue at about $10.6M (likely between $7.0M and $12.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Topco Distributing Inc worth?
- About $2.8M, roughly 2.8× its estimated EBITDA of $991K, typical for a finish carpentry contractors company its size. Likely range: $1.5M–$3.8M.
- How many employees does Topco Distributing Inc have?
- About 33, as reported on its PPP loan.