Ultra Thin Inc.
How we got $2.1M
Based on its 29 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▼ 13% 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 |
|---|---|---|
| ULTRA THIN INC. this business | $7.1M | — |
| CSBOYD LLC Norman · 1 employees | $194K | 6.6 mi |
| SOONER WIPING RAGS LLC. Oklahoma City · 6 employees | $958K | 10.2 mi |
| PINPOINT MONOGRAMS, INC. Oklahoma City · 8 employees | $1.6M | 10.9 mi |
| DECORATOR DRAPERY MFG. INC. Oklahoma City · 20 employees | $3.5M | 12.4 mi |
| JGES INVESTMENTS LLC Newalla · 12 employees | $2.6M | 19.4 mi |
| COVERCRAFT INDUSTRIES, LLC Pauls Valley · 238 employees | $61.8M | 42.2 mi |
The full calculation
| Employees reported to the SBA | 29 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.0M |
| Estimate: the two combined (geometric mean) | $7.1M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $563K |
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 | $2.1M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.1M – $2.9M |
| Revenue range | $4.7M – $8.1M |
| EBITDA range | $370K – $642K |
| Industry (NAICS) | All Other Miscellaneous Textile Product Mills (314999) |
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
People & advisors
Advisors
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $261K | 29 |
| 3/30/2021 | second | $275K | 25 |
About Ultra Thin Inc.
Ultra Thin Inc. is an all other miscellaneous textile product mills company in Moore, Oklahoma. Its estimated annual revenue is about $7.1M, with roughly $563K of EBITDA. It has about 29 employees. Its estimated business value is $2.1M (likely range $1.1M–$2.9M).
Common questions
- Who owns Ultra Thin Inc.?
- The owner of Ultra Thin 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 Ultra Thin Inc. make?
- SeeBITDA estimates Ultra Thin Inc.'s annual revenue at about $7.1M (likely between $4.7M and $8.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Ultra Thin Inc. worth?
- About $2.1M, roughly 3.8× its estimated EBITDA of $563K, typical for a all other miscellaneous textile product mills company its size. Likely range: $1.1M–$2.9M.
- How many employees does Ultra Thin Inc. have?
- About 29, as reported on its PPP loan.