Velvet Monkey Inc.
How we got $294K
Based on 6 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
What they do
Velvet Monkey is a hair and beauty salon with Plaza and 63rd locations in Oklahoma City, offering haircuts, color, and other services.
From the company's website. Industry: Hair & beauty salons.
Estimated value over time
▲ 42% 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 |
|---|---|---|
| VELVET MONKEY INC. this business | $608K | — |
| Lean The Stylist Oklahoma City | $439K | 0.0 mi |
| Salon Scott Risk Hair Oklahoma City | $439K | 0.0 mi |
| hairstyles by leann Oklahoma City | $439K | 0.0 mi |
| Tender Elements Massage Oklahoma City | $439K | 0.0 mi |
| Alleviation Massage Clinic Oklahoma City | $439K | 0.0 mi |
| Channing the Esthetician Oklahoma City | $439K | 0.0 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Industry revenue per employee | $63K |
| Revenue = employees × revenue per employee | $608K |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $140K |
| Cross-check: revenue implied by PPP payroll | $158K |
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 | $294K |
| Multiple for this size and industry | 2.1× |
| Value range | $139K – $417K |
| Revenue range | $360K – $720K |
| EBITDA range | $83K – $166K |
| Industry (NAICS) | Beauty Salons (812112) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- 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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 4/15/2020 | first | $9K | 2 |
| 1/21/2021 | second | $11K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Velvet Monkey Inc.
Velvet Monkey Inc. is a hair & beauty salons company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $608K, with roughly $140K of EBITDA. It has about 6 employees. Its estimated business value is $294K (likely range $139K–$417K).
Common questions
- Who owns Velvet Monkey Inc.?
- The owner of Velvet Monkey 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 Velvet Monkey Inc. make?
- SeeBITDA estimates Velvet Monkey Inc.'s annual revenue at about $608K (likely between $360K and $720K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Velvet Monkey Inc. worth?
- About $294K, roughly 2.1× its estimated EBITDA of $140K, typical for a hair & beauty salons company its size. Likely range: $139K–$417K.
- How many employees does Velvet Monkey Inc. have?
- About 6, as reported on its PPP loan.