West Painting Inc.
How we got $382K
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 36 years (since 1990)
- Founder still runs it after 36 years
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
West Painting, Inc. is a painting contractor in the Greater Oklahoma City area offering commercial, industrial and residential exterior and interior painting, with a reputation for historic home restoration.
From the company's website. Industry: Painting contractors.
Customers & suppliers
Customers
- Oklahoma food bank · named on its website
Estimated value over time
▲ 21% 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 |
|---|---|---|
| WEST PAINTING INC. this business | $1.7M | — |
| A1-CARPENTRY The Village · 1 employees | $163K | 0.9 mi |
| DOWNY PAINTING LLC Oklahoma City · 1 employees | $457K | 1.0 mi |
| DW DRYWALL INC Nichols Hills · 14 employees | $7.5M | 1.3 mi |
| FLOORSOURCE LLC Oklahoma City · 1 employees | $572K | 1.4 mi |
| RED DIRT PAINTERS, CO Oklahoma City · 4 employees | $1.8M | 1.7 mi |
| TNL'S CUSTOM TILE & MARBLE INC Oklahoma City · 12 employees | $2.2M | 1.8 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.2M |
| Estimate: the two combined (geometric mean) | $1.7M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $201K |
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 | $382K |
| Multiple for this size and industry | 1.9× |
| Value range | $201K – $523K |
| Revenue range | $1.1M – $2.0M |
| EBITDA range | $132K – $229K |
| Industry (NAICS) | Painting and Wall Covering Contractors (238320) |
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
- 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 |
|---|---|---|---|
| 4/30/2020 | first | $34K | 5 |
| 2/27/2021 | second | $35K | 8 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About West Painting Inc.
West Painting Inc. is a painting contractors company in Oklahoma City, Oklahoma, in business since 1990. It is owned by Mark West. Its estimated annual revenue is about $1.7M, with roughly $201K of EBITDA. It has about 8 employees. Its estimated business value is $382K (likely range $201K–$523K).
Common questions
- Who owns West Painting Inc.?
- West Painting Inc. is owned by Mark West, according to public sources such as the company's website or filings.
- How much revenue does West Painting Inc. make?
- SeeBITDA estimates West Painting Inc.'s annual revenue at about $1.7M (likely between $1.1M and $2.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is West Painting Inc. worth?
- About $382K, roughly 1.9× its estimated EBITDA of $201K, typical for a painting contractors company its size. Likely range: $201K–$523K.
- How many employees does West Painting Inc. have?
- About 8, as reported on its PPP loan.
- When was West Painting Inc. founded?
- West Painting Inc. has been in business since 1990.
- Is West Painting Inc. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 36 years (since 1990); founder still runs it after 36 years; no family successor named on its website.