Lovera Grocery, Inc
How we got $1.1M
Based on its 22 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 33% 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 |
|---|---|---|
| LOVERA GROCERY, INC this business | $8.3M | — |
| WARD OIL COMPANY LLC Krebs · 5 employees | $2.2M | 0.7 mi |
| HENDRICK-ALLEN MARKET, LLC. Mcalester · 18 employees | $7.3M | 2.5 mi |
| ALAN W ELWELL Mcalester · 1 employees | $766K | 12.5 mi |
| ROY H. SMITH & SON INC. Wilburton · 87 employees | $28.5M | 21.7 mi |
| MCCASLAND & MCCASLAND, INC Wilburton · 12 employees | $3.4M | 23.0 mi |
| B&B HANDY STOP INC Tuskahoma · 4 employees | $2.2M | 28.8 mi |
The full calculation
| Employees reported to the SBA | 22 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $7.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.4M |
| Estimate: the two combined (geometric mean) | $8.3M |
| EBITDA margin (industry, adjusted for size) | 5% |
| EBITDA = revenue × margin | $447K |
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 | $1.1M |
| Multiple for this size and industry | 2.4× |
| Value range | $565K – $1.5M |
| Revenue range | $5.5M – $9.4M |
| EBITDA range | $294K – $510K |
| Industry (NAICS) | Supermarkets and Other Grocery Retailers (except Convenience Retailers) (445110) |
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
People & advisors
Advisors
- BankingThe Bank 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 Roles are as stated there and may be out of date.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
| The Bank National Association PPP 2020, PPP 2021 | All 161 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/4/2020 | first | $103K | 19 |
| 2/12/2021 | second | $78K | 22 |
About Lovera Grocery, Inc
Lovera Grocery, Inc is a supermarkets and other grocery retailers (except convenience retailers) company in Krebs, Oklahoma. Its estimated annual revenue is about $8.3M, with roughly $447K of EBITDA. It has about 22 employees. Its estimated business value is $1.1M (likely range $565K–$1.5M).
Common questions
- Who owns Lovera Grocery, Inc?
- The owner of Lovera Grocery, 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 Lovera Grocery, Inc make?
- SeeBITDA estimates Lovera Grocery, Inc's annual revenue at about $8.3M (likely between $5.5M and $9.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Lovera Grocery, Inc worth?
- About $1.1M, roughly 2.4× its estimated EBITDA of $447K, typical for a supermarkets and other grocery retailers (except convenience retailers) company its size. Likely range: $565K–$1.5M.
- How many employees does Lovera Grocery, Inc have?
- About 22, as reported on its PPP loan.