Hart Innovations, Inc.
How we got $99K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 11% 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 |
|---|---|---|
| HART INNOVATIONS, INC. this business | $170K | — |
| SUSAN E STREETER PLLC Stillwater · 13 employees | $2.3M | 0.8 mi |
| Custer Farm Equine Clinic Stillwater | $1.2M | 2.1 mi |
| PERKINS ROAD PET CLINIC, INC. Stillwater · 15 employees | $2.6M | 2.3 mi |
| GENESSEE PHOTO SYSTEMS INC. Stillwater · 5 employees | $1.6M | 2.5 mi |
| E STREET FINANCIAL, LLC Stillwater · 2 employees | $1.1M | 2.6 mi |
| WESTERN VETERINARY HOSPITAL, INC Stillwater · 10 employees | $1.8M | 2.6 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $223K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $100K |
| Estimate: the two combined (geometric mean) | $170K |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $40K |
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 | $99K |
| Multiple for this size and industry | 2.5× |
| Value range | $52K – $135K |
| Revenue range | $112K – $194K |
| EBITDA range | $26K – $45K |
| Industry (NAICS) | Photography Studios, Portrait (541921) |
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: 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
- BankingSimmons 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 Roles are as stated there and may be out of date.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
| Simmons Bank PPP 2020, PPP 2021 | All 789 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 6/22/2020 | first | $3K | 1 |
| 2/25/2021 | second | $3K | 1 |
About Hart Innovations, Inc.
Hart Innovations, Inc. is a photography studios, portrait company in Stillwater, Oklahoma. Its estimated annual revenue is about $170K, with roughly $40K of EBITDA. It has about 1 employees. Its estimated business value is $99K (likely range $52K–$135K).
Common questions
- Who owns Hart Innovations, Inc.?
- The owner of Hart Innovations, 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 Hart Innovations, Inc. make?
- SeeBITDA estimates Hart Innovations, Inc.'s annual revenue at about $170K (likely between $112K and $194K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hart Innovations, Inc. worth?
- About $99K, roughly 2.5× its estimated EBITDA of $40K, typical for a photography studios, portrait company its size. Likely range: $52K–$135K.
- How many employees does Hart Innovations, Inc. have?
- About 1, as reported on its PPP loan.