J & L Mccormicks
How we got $237K
Based on 4 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 17% 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 |
|---|---|---|
| J & L MCCORMICKS this business | $1.6M | — |
| BLOOMER SPECIALTIES, LLC Seminole · 8 employees | $2.0M | 15.1 mi |
| Pharm+House Shawnee | $2.1M | 28.4 mi |
| GIDS DOUGH MAIN LLC Cushing · 5 employees | $1.5M | 38.7 mi |
| VaporHerbs Sapulpa | $1.5M | 38.8 mi |
| SAPULPA DAYLIGHT DONUTS, LLC Sapulpa · 17 employees | $1.8M | 39.3 mi |
| SPS VENTURE INVESTMENTS, LLC Glenpool · 2 employees | $820K | 41.3 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Industry revenue per employee | $183K |
| Revenue = employees × revenue per employee | $1.6M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $119K |
| Cross-check: revenue implied by PPP payroll | $122K |
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 | $237K |
| Multiple for this size and industry | 2× |
| Value range | $112K – $337K |
| Revenue range | $945K – $1.9M |
| EBITDA range | $70K – $140K |
| Industry (NAICS) | Other Specialty Food Retailers (445299) |
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, 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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2020, PPP 2021 | All 7,048 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 | $2K | 4 |
| 1/27/2021 | second | $2K | 4 |
About J & L Mccormicks
J & L Mccormicks is an other specialty food retailers company in Boley, Oklahoma. Its estimated annual revenue is about $1.6M, with roughly $119K of EBITDA. It has about 4 employees. Its estimated business value is $237K (likely range $112K–$337K).
Common questions
- Who owns J & L Mccormicks?
- The owner of J & L Mccormicks 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 J & L Mccormicks make?
- SeeBITDA estimates J & L Mccormicks's annual revenue at about $1.6M (likely between $945K and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is J & L Mccormicks worth?
- About $237K, roughly 2× its estimated EBITDA of $119K, typical for a other specialty food retailers company its size. Likely range: $112K–$337K.
- How many employees does J & L Mccormicks have?
- About 4, as reported on its PPP loan.