Volcano Sushi at Norman Inc
How we got $2.1M
Based on 19 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
Estimated value over time
▲ 24% 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
The full calculation
| Employees reported to the SBA | 19 |
| Industry revenue per employee | — |
| Revenue = employees × revenue per employee | $5.6M |
| EBITDA margin (industry, adjusted for size) | 10% |
| EBITDA = revenue × margin | $556K |
| Cross-check: revenue implied by PPP payroll | $731K |
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 | $1.0M – $3.0M |
| Revenue range | $3.3M – $6.6M |
| EBITDA range | $329K – $658K |
| Industry (NAICS) | Unclassified (n/a) |
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: sector default. 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
- BankingBank of America, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| Bank of America, National Association PPP 2020, PPP 2021 | All 1,034 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $23K | 19 |
| 1/27/2021 | second | $32K | 17 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Volcano Sushi at Norman Inc
Volcano Sushi at Norman Inc is an unclassified company in Norman, Oklahoma. It is owned by Hang Chen (Henry). Its estimated annual revenue is about $5.6M, with roughly $556K of EBITDA. It has about 19 employees. Its estimated business value is $2.1M (likely range $1.0M–$3.0M).
Common questions
- Who owns Volcano Sushi at Norman Inc?
- Volcano Sushi at Norman Inc is owned by Hang Chen (Henry), according to public sources such as the company's website or filings.
- How much revenue does Volcano Sushi at Norman Inc make?
- SeeBITDA estimates Volcano Sushi at Norman Inc's annual revenue at about $5.6M (likely between $3.3M and $6.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Volcano Sushi at Norman Inc worth?
- About $2.1M, roughly 3.8× its estimated EBITDA of $556K, typical for a unclassified company its size. Likely range: $1.0M–$3.0M.
- How many employees does Volcano Sushi at Norman Inc have?
- About 19, as reported on its PPP loan.