Wilshire-Pennington Group Inc
- Benjamin KennedySigns company filings · Form 5500 (2020)
How we got $477K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 22 years (since 2004)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 48% 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.
Employees over time
Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 2 | $1.6M |
| 2020 | Form 5500 | 2 | $1.6M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| WILSHIRE-PENNINGTON GROUP INC this business | $2.2M | — |
| SAGE DENTAL ARTS Okc · 3 employees | $4.1M | 0.6 mi |
| NEURO SPECIALTY SUPPLIES LLC Oklahoma City · 2 employees | $2.0M | 1.1 mi |
| RIVERSIDE AUTO SALVAGE LLC Oklahoma City · 3 employees | $2.8M | 2.5 mi |
| VILLAGE TACTICAL, L.L.C. Oklahoma City · 1 employees | $1.8M | 2.8 mi |
| COLD HAND ARMS, LLC Oklahoma City · 2 employees | $2.8M | 2.8 mi |
| COMPUTER DEALERS AND RECYCLERS GLOBAL INC Oklahoma City · 68 employees | $56.0M | 2.8 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.6M |
| Estimate: the two combined (geometric mean) | $2.2M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $199K |
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 | $477K |
| Multiple for this size and industry | 2.4× |
| Value range | $251K – $653K |
| Revenue range | $1.4M – $2.5M |
| EBITDA range | $131K – $227K |
| Industry (NAICS) | Recyclable Material Merchant Wholesalers (423930) |
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
- BankingFirst Fidelity 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
| First Fidelity Bank PPP 2020 | All 940 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/27/2020 | first | $14K | 2 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Wilshire-Pennington Group Inc
Wilshire-Pennington Group Inc is a recyclable material merchant wholesalers company in Oklahoma City, Oklahoma, in business since 2004. Its estimated annual revenue is about $2.2M, with roughly $199K of EBITDA. It has about 2 employees. Its estimated business value is $477K (likely range $251K–$653K).
Common questions
- Who owns Wilshire-Pennington Group Inc?
- The owner of Wilshire-Pennington Group 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 Wilshire-Pennington Group Inc make?
- SeeBITDA estimates Wilshire-Pennington Group Inc's annual revenue at about $2.2M (likely between $1.4M and $2.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Wilshire-Pennington Group Inc worth?
- About $477K, roughly 2.4× its estimated EBITDA of $199K, typical for a recyclable material merchant wholesalers company its size. Likely range: $251K–$653K.
- How many employees does Wilshire-Pennington Group Inc have?
- About 2, from its 2020 retirement-plan filing.
- When was Wilshire-Pennington Group Inc founded?
- Wilshire-Pennington Group Inc has been in business since 2004.