Wingate Express LLC
How we got $840K
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 12% 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
▲ 43% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 7 | $1.2M |
| 2022 | Form 5500 | 8 | $1.3M |
| 2023 | Form 5500 | 10 | $1.7M |
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 |
|---|---|---|
| WINGATE EXPRESS LLC this business | $2.4M | — |
| XO Event Co. Tulsa | $1.1M | 0.6 mi |
| Fountain Plaza Tulsa | $1.1M | 0.6 mi |
| Just Catering By Orr Nalp Tulsa | $1.1M | 0.7 mi |
| Fox Plaza Tulsa | $1.1M | 0.8 mi |
| WANENMACHER & MUELLER INC Tulsa · 3 employees | $1.8M | 0.9 mi |
| Sofia Event Center Tulsa | $1.1M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.4M |
| Estimate: the two combined (geometric mean) | $2.4M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $280K |
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 | $840K |
| Multiple for this size and industry | 3× |
| Value range | $442K – $1.1M |
| Revenue range | $1.6M – $2.7M |
| EBITDA range | $184K – $319K |
| Industry (NAICS) | All Other Support Services (561990) |
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
- BankingBOKF, 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
| BOKF, National Association PPP 2020, PPP 2021 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $75K | 7 |
| 3/20/2021 | second | $81K | 7 |
About Wingate Express LLC
Wingate Express LLC is an all other support services company in Tulsa, Oklahoma. Its estimated annual revenue is about $2.4M, with roughly $280K of EBITDA. It has about 10 employees. Its estimated business value is $840K (likely range $442K–$1.1M).
Common questions
- Who owns Wingate Express LLC?
- The owner of Wingate Express 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 Wingate Express LLC make?
- SeeBITDA estimates Wingate Express LLC's annual revenue at about $2.4M (likely between $1.6M and $2.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Wingate Express LLC worth?
- About $840K, roughly 3× its estimated EBITDA of $280K, typical for a all other support services company its size. Likely range: $442K–$1.1M.
- How many employees does Wingate Express LLC have?
- About 10, from its 2023 retirement-plan filing.