How we got $474K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 57% 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 |
|---|---|---|
| TWO EVANS INC this business | $1.7M | — |
| Up To Speed Auto Tulsa | $1.4M | 0.0 mi |
| COMPLETE AUTOMOTIVE REPAIR & SERVICE, LLC Tulsa · 6 employees | $1.8M | 0.0 mi |
| Heartland Dent Shop Tulsa | $1.4M | 0.1 mi |
| Outlaw Kustomz Tulsa | $1.4M | 0.2 mi |
| No Coast Cycles Tulsa | $1.4M | 0.2 mi |
| RENNSPORT WERKSTATT LTD Tulsa · 4 employees | $1.4M | 0.3 mi |
The full calculation
| Employees reported to the SBA | 6 |
| 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) | $1.6M |
| Estimate: the two combined (geometric mean) | $1.7M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $206K |
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 | $474K |
| Multiple for this size and industry | 2.3× |
| Value range | $249K – $648K |
| Revenue range | $1.1M – $1.9M |
| EBITDA range | $136K – $235K |
| Industry (NAICS) | General Automotive Repair (811111) |
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
- BankingThe Central Trust 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 Roles are as stated there and may be out of date.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
| The Central Trust Bank PPP 2020 | All 323 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 | $55K | 6 |
About Two Evans Inc
Two Evans Inc is an auto repair company in Tulsa, Oklahoma. Its estimated annual revenue is about $1.7M, with roughly $206K of EBITDA. It has about 6 employees. Its estimated business value is $474K (likely range $249K–$648K).
Common questions
- Who owns Two Evans Inc?
- The owner of Two Evans 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 Two Evans Inc make?
- SeeBITDA estimates Two Evans Inc's annual revenue at about $1.7M (likely between $1.1M and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Two Evans Inc worth?
- About $474K, roughly 2.3× its estimated EBITDA of $206K, typical for a auto repair company its size. Likely range: $249K–$648K.
- How many employees does Two Evans Inc have?
- About 6, as reported on its PPP loan.