Northfork Rentals Inc.
How we got $995K
Based on its 1 employees and its payroll, both reported for PPP in 2021 and brought up to date.
What we know
Estimated value over time
▼ 8% since 2021Today'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 |
|---|---|---|
| NORTHFORK RENTALS INC. this business | $737K | — |
| TROY JONES RENTALS, INC. Elk City · 4 employees | $2.6M | 13.7 mi |
| MABE PUMP RENTAL, LLC Sayre · 1 employees | $342K | 14.1 mi |
| LUBRIFLANGE, LLC Elk City · 27 employees | $14.7M | 14.1 mi |
| TLC RENTALS INC Canute · 12 employees | $4.3M | 17.0 mi |
| JUNCTION PROPERTIES, LLC Cheyenne · 3 employees | $1.2M | 22.7 mi |
| HUGHES SPECIALTY TOOLS, INC. Foss · 13 employees | $5.6M | 24.7 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $438K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $954K |
| Estimate: the two combined (geometric mean) | $737K |
| EBITDA margin (industry, adjusted for size) | 45% |
| EBITDA = revenue × margin | $332K |
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 | $995K |
| Multiple for this size and industry | 3× |
| Value range | $524K – $1.4M |
| Revenue range | $485K – $841K |
| EBITDA range | $218K – $378K |
| Industry (NAICS) | Office Machinery and Equipment Rental and Leasing (532420) |
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
- BankingGreat Plains National 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 Roles are as stated there and may be out of date.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
| Great Plains National Bank PPP 2021 | All 1,112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 3/13/2021 | first | $21K | 1 |
About Northfork Rentals Inc.
Northfork Rentals Inc. is an office machinery and equipment rental and leasing company in Carter, Oklahoma. Its estimated annual revenue is about $737K, with roughly $332K of EBITDA. It has about 1 employees. Its estimated business value is $995K (likely range $524K–$1.4M).
Common questions
- Who owns Northfork Rentals Inc.?
- The owner of Northfork Rentals 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 Northfork Rentals Inc. make?
- SeeBITDA estimates Northfork Rentals Inc.'s annual revenue at about $737K (likely between $485K and $841K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Northfork Rentals Inc. worth?
- About $995K, roughly 3× its estimated EBITDA of $332K, typical for a office machinery and equipment rental and leasing company its size. Likely range: $524K–$1.4M.
- How many employees does Northfork Rentals Inc. have?
- About 1, as reported on its PPP loan.