Tulsa Baking, Inc.
How we got $2.0M
Based on its 58 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 44% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TULSA BAKING, INC. this business | $6.6M | — |
| MEXICAN BAKERY OF TULSA, INC. Tulsa · 77 employees | $8.3M | 2.2 mi |
| Pancho Anaya Bakery Tulsa | $1.7M | 2.3 mi |
| Big Baby Rolls & Donuts Tulsa | $1.7M | 2.4 mi |
| Pancho Anaya Bakery (east Tulsa) Tulsa | $1.7M | 2.6 mi |
| Specialty Bakery Of Tulsa Tulsa | $1.7M | 2.9 mi |
| Magic Cakes LLC Tulsa | $1.7M | 3.0 mi |
The full calculation
| Employees reported to the SBA | 58 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $6.6M |
| Estimate: the two combined (geometric mean) | $6.6M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $534K |
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 | $2.0M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.1M – $2.8M |
| Revenue range | $4.3M – $7.5M |
| EBITDA range | $351K – $608K |
| Industry (NAICS) | Retail Bakeries (311811) |
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. 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 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 Roles are as stated there and may be out of date.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 | All 695 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $353K | 58 |
About Tulsa Baking, Inc.
Tulsa Baking, Inc. is a retail bakeries company in Tulsa, Oklahoma. Its estimated annual revenue is about $6.6M, with roughly $534K of EBITDA. It has about 58 employees. Its estimated business value is $2.0M (likely range $1.1M–$2.8M).
Common questions
- Who owns Tulsa Baking, Inc.?
- The owner of Tulsa Baking, 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 Tulsa Baking, Inc. make?
- SeeBITDA estimates Tulsa Baking, Inc.'s annual revenue at about $6.6M (likely between $4.3M and $7.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tulsa Baking, Inc. worth?
- About $2.0M, roughly 3.8× its estimated EBITDA of $534K, typical for a retail bakeries company its size. Likely range: $1.1M–$2.8M.
- How many employees does Tulsa Baking, Inc. have?
- About 58, as reported on its PPP loan.