How we got $147K
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 29% 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 |
|---|---|---|
| WHIP DIP, INC. this business | $637K | — |
| HARBON EATERIES INC Ada · 8 employees | $1.1M | 0.5 mi |
| ADA SEAFOOD & MORE INC Ada · 8 employees | $1.1M | 0.5 mi |
| Sam's Southern Eatery - Ada Ada | $1.7M | 0.5 mi |
| Latinos Market Ada | $1.7M | 0.5 mi |
| Gut Punch Ada | $1.7M | 0.5 mi |
| Arbuckle Craft Coffee & Bagels Ada | $1.7M | 0.5 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $437K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $713K |
| Estimate: the two combined (geometric mean) | $637K |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $81K |
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 | $147K |
| Multiple for this size and industry | 1.8× |
| Value range | $77K – $201K |
| Revenue range | $419K – $726K |
| EBITDA range | $54K – $93K |
| Industry (NAICS) | Limited-Service Restaurants (722513) |
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
History & advisors
Advisors
- BankingCitizens Bank of AdaPPP / 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 Roles are as stated there and may be out of date.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
| Citizens Bank of Ada PPP 2020 | All 171 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $16K | 3 |
About Whip Dip, Inc.
Whip Dip, Inc. is a restaurants company in Ada, Oklahoma. Its estimated annual revenue is about $637K, with roughly $81K of EBITDA. It has about 3 employees. Its estimated business value is $147K (likely range $77K–$201K).
Common questions
- Who owns Whip Dip, Inc.?
- The owner of Whip Dip, 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 Whip Dip, Inc. make?
- SeeBITDA estimates Whip Dip, Inc.'s annual revenue at about $637K (likely between $419K and $726K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Whip Dip, Inc. worth?
- About $147K, roughly 1.8× its estimated EBITDA of $81K, typical for a restaurants company its size. Likely range: $77K–$201K.
- How many employees does Whip Dip, Inc. have?
- About 3, as reported on its PPP loan.