Industrial Paint & Blast, L.L.C.
How we got $2.4M
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 38% 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 |
|---|---|---|
| INDUSTRIAL PAINT & BLAST, L.L.C. this business | $4.9M | — |
| SOLITAIRE HOLDING LLC Duncan · 319 employees | $148.9M | 0.2 mi |
| R & D MAINTENANCE & REPAIR, LLC Duncan · 5 employees | $8.1M | 0.3 mi |
| CASA of SWOK - Stephens County Duncan | $951K | 5.1 mi |
| Red Dirt Apparel Duncan | $951K | 5.2 mi |
| Pro Ad Advertising Duncan | $951K | 5.2 mi |
| Scissortail Printing Duncan | $951K | 5.3 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.4M |
| Estimate: the two combined (geometric mean) | $4.9M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $631K |
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 | $2.4M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.3M – $3.3M |
| Revenue range | $3.2M – $5.6M |
| EBITDA range | $415K – $719K |
| Industry (NAICS) | Paint and Coating Manufacturing (325510) |
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
- BankingLegacy 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 Roles are as stated there and may be out of date.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
| Legacy Bank PPP 2020, PPP 2021 | All 727 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $62K | 8 |
| 1/25/2021 | second | $62K | 3 |
About Industrial Paint & Blast, L.L.C.
Industrial Paint & Blast, L.L.C. is a paint and coating manufacturing company in Duncan, Oklahoma. Its estimated annual revenue is about $4.9M, with roughly $631K of EBITDA. It has about 8 employees. Its estimated business value is $2.4M (likely range $1.3M–$3.3M).
Common questions
- Who owns Industrial Paint & Blast, L.L.C.?
- The owner of Industrial Paint & Blast, L.L.C. 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 Industrial Paint & Blast, L.L.C. make?
- SeeBITDA estimates Industrial Paint & Blast, L.L.C.'s annual revenue at about $4.9M (likely between $3.2M and $5.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Industrial Paint & Blast, L.L.C. worth?
- About $2.4M, roughly 3.8× its estimated EBITDA of $631K, typical for a paint and coating manufacturing company its size. Likely range: $1.3M–$3.3M.
- How many employees does Industrial Paint & Blast, L.L.C. have?
- About 8, as reported on its PPP loan.