Thunderbird Entertainment Center, Inc
How we got $46.4M
Based on its 156 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▼ 3% 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 |
|---|---|---|
| THUNDERBIRD ENTERTAINMENT CENTER, INC this business | $57.8M | — |
| THUNDERBIRD ENTERTAINMENT, INC Norman | $45.6M | 0.7 mi |
| Thunderbird Casino Norman | $70.3M | 4.4 mi |
| VR WAREHOUSE LLC Norman · 1 employees | $551K | 8.1 mi |
| M3 TECHNOLOGY SOLUTIONS, LLC Norman · 20 employees | $6.7M | 9.8 mi |
| CONCISE GAMING, LLC Norman · 7 employees | $2.5M | 10.5 mi |
| Oklahoma Casinos & Entertainment Norman | $23.4M | 10.5 mi |
The full calculation
| Employees reported to the SBA | 156 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $48.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $53.0M |
| Estimate: the two combined (geometric mean) | $57.8M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $7.9M |
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 | $46.4M |
| Multiple for this size and industry | 5.9× |
| Value range | $24.4M – $63.5M |
| Revenue range | $38.0M – $65.9M |
| EBITDA range | $5.2M – $9.0M |
| Industry (NAICS) | Casinos (except Casino Hotels) (713210) |
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
- BankingFirstar 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 Roles are as stated there and may be out of date.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
| Firstar Bank PPP 2020 | All 380 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $1.2M | 156 |
About Thunderbird Entertainment Center, Inc
Thunderbird Entertainment Center, Inc is a casinos (except casino hotels) company in Norman, Oklahoma. Its estimated annual revenue is about $57.8M, with roughly $7.9M of EBITDA. It has about 156 employees. Its estimated business value is $46.4M (likely range $24.4M–$63.5M).
Common questions
- Who owns Thunderbird Entertainment Center, Inc?
- The owner of Thunderbird Entertainment Center, 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 Thunderbird Entertainment Center, Inc make?
- SeeBITDA estimates Thunderbird Entertainment Center, Inc's annual revenue at about $57.8M (likely between $38.0M and $65.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Thunderbird Entertainment Center, Inc worth?
- About $46.4M, roughly 5.9× its estimated EBITDA of $7.9M, typical for a casinos (except casino hotels) company its size. Likely range: $24.4M–$63.5M.
- How many employees does Thunderbird Entertainment Center, Inc have?
- About 156, as reported on its PPP loan.