Velvetrack LLC
How we got $950K
Based on 1 employees reported for PPP in 2021, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▼ 2% 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 |
|---|---|---|
| VELVETRACK LLC this business | $704K | — |
| DALTON MORTGAGE GROUP Oklahoma City · 1 employees | $360K | 1.3 mi |
| HOME LOANS WITH THOMAS, LLC Oklahoma City · 2 employees | $779K | 1.4 mi |
| CADS GROUP LLC Oklahoma City · 1 employees | $397K | 2.0 mi |
| K&D PROCESSING LLC Oklahoma City · 1 employees | $397K | 2.9 mi |
| SKS PROCESSING POINT LLC Oklahoma City · 2 employees | $510K | 4.2 mi |
| PRICE MORTGAGE GROUP LLC Edmond · 12 employees | $4.3M | 6.0 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Industry revenue per employee | $689K |
| Revenue = employees × revenue per employee | $704K |
| EBITDA margin (industry, adjusted for size) | 45% |
| EBITDA = revenue × margin | $317K |
| Cross-check: revenue implied by PPP payroll | $46K |
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 | $950K |
| Multiple for this size and industry | 3× |
| Value range | $450K – $1.3M |
| Revenue range | $416K – $833K |
| EBITDA range | $187K – $375K |
| Industry (NAICS) | Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320) |
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. 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 Roles are as stated there and may be out of date.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 |
|---|---|---|---|
| 3/28/2021 | first | $1K | 1 |
About Velvetrack LLC
Velvetrack LLC is a financial transactions processing, reserve, and clearinghouse activities company in Edmond, Oklahoma. Its estimated annual revenue is about $704K, with roughly $317K of EBITDA. It has about 1 employees. Its estimated business value is $950K (likely range $450K–$1.3M).
Common questions
- Who owns Velvetrack LLC?
- The owner of Velvetrack LLC 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 Velvetrack LLC make?
- SeeBITDA estimates Velvetrack LLC's annual revenue at about $704K (likely between $416K and $833K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Velvetrack LLC worth?
- About $950K, roughly 3× its estimated EBITDA of $317K, typical for a financial transactions processing, reserve, and clearinghouse activities company its size. Likely range: $450K–$1.3M.
- How many employees does Velvetrack LLC have?
- About 1, as reported on its PPP loan.