Trong Le
How we got $372K
Based on its 9 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▲ 44% since 2021Today'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 |
|---|---|---|
| TRONG LE this business | $902K | — |
| MOON LIGHT DREAM LLC Edmond · 9 employees | $1.3M | 0.0 mi |
| OP NAILS Edmond · 1 employees | $355K | 0.0 mi |
| SmartStyle Edmond | $440K | 0.1 mi |
| ROYAL NAILS & SPA LLC Edmond · 1 employees | $149K | 0.1 mi |
| BLOSSOM NAIL SPA, INC Edmond · 5 employees | $697K | 0.1 mi |
| XPERTCUTS SALONS, LLC Edmond · 14 employees | $1.0M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $590K |
| Estimate: the two combined (geometric mean) | $902K |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $177K |
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 | $372K |
| Multiple for this size and industry | 2.1× |
| Value range | $196K – $509K |
| Revenue range | $593K – $1.0M |
| EBITDA range | $117K – $202K |
| Industry (NAICS) | Nail salons (812113) |
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
- BankingMidFirst 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 Roles are as stated there and may be out of date.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
| 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 |
|---|---|---|---|
| 3/23/2021 | second | $21K | 9 |
About Trong Le
Trong Le is a hair & beauty salons company in Edmond, Oklahoma. Its estimated annual revenue is about $902K, with roughly $177K of EBITDA. It has about 9 employees. Its estimated business value is $372K (likely range $196K–$509K).
Common questions
- Who owns Trong Le?
- The owner of Trong Le 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 Trong Le make?
- SeeBITDA estimates Trong Le's annual revenue at about $902K (likely between $593K and $1.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Trong Le worth?
- About $372K, roughly 2.1× its estimated EBITDA of $177K, typical for a hair & beauty salons company its size. Likely range: $196K–$509K.
- How many employees does Trong Le have?
- About 9, as reported on its PPP loan.