Adams Abstract Company
How we got $1.8M
Based on its 19 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 38 years (since 1988)
- Founder still runs it after 38 years
- Family in the business (Johnie Adams, Owner / Data Entry Specialist)
From public records and the company's website, not a statement that it's for sale.
What they do
Adams Abstract Co. is a Poteau, Oklahoma title services firm providing abstracting, closing, escrow, title insurance, and document preparation for real estate transactions in LeFlore County.
From the company's website. Industry: Law firms.
Estimated value over time
▲ 34% 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 |
|---|---|---|
| ADAMS ABSTRACT COMPANY this business | $3.9M | — |
| BARBER AND BARBER, ATTORNEYS AT LAW, A PROFESSIONAL CORPORAT Poteau · 6 employees | $1.5M | 0.0 mi |
| GARY R BUCKLES ATTORNEY AT LAW PC Poteau · 3 employees | $1.1M | 0.0 mi |
| ROB COWAN P.C Poteau · 3 employees | $821K | 0.0 mi |
| Marilyn’s bail bond service Poteau | $942K | 0.0 mi |
| THOMPSON & THOMPSON LAW Poteau · 3 employees | $1.3M | 0.1 mi |
| Lawson BailBonds Poteau | $942K | 0.1 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.2M |
| Estimate: the two combined (geometric mean) | $3.9M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $641K |
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 | $1.8M |
| Multiple for this size and industry | 2.8× |
| Value range | $944K – $2.5M |
| Revenue range | $2.6M – $4.5M |
| EBITDA range | $421K – $730K |
| Industry (NAICS) | Title Abstract and Settlement Offices (541191) |
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
“The company was founded in 1988 by Loretta Adams, a visionary who saw the need for a consolidated, efficient title service in the region.”
Leadership
- SMSheryl MaggardOwner / Abstractor · Company website · source
- SHSally HutchisonOwner / Title Insurance · Company website · source
- JAJohnie AdamsOwner / Data Entry Specialist · Company website · source
- PAPeggy AdamsOwner / Closer · Company website · source
- SASue Ann LoggainsOwner / Closer · Company website · source
- SASylvia AdamsOwner / Closer · Company website · source
- SFSky FruenOwner / Processor · Company website · source
- TCTammy CauthronReceptionist · Company website · source
- LWLisa WootenOrder Desk · Company website · source
- LMLinda ModeTitle Insurance · Company website · source
- SCShelly CaldwellAbstractor · Company website · source
Advisors
- BankingThe Community State 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
| The Community State Bank PPP 2020 | All 167 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $128K | 19 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Adams Abstract Company
Adams Abstract Company is a family-owned law firms company in Poteau, Oklahoma, in business since 1988. It is owned by Loretta Adams (Founder). Its estimated annual revenue is about $3.9M, with roughly $641K of EBITDA. It has about 19 employees. Its estimated business value is $1.8M (likely range $944K–$2.5M).
Common questions
- Who owns Adams Abstract Company?
- Adams Abstract Company is owned by Loretta Adams (Founder), according to public sources such as the company's website or filings.
- How much revenue does Adams Abstract Company make?
- SeeBITDA estimates Adams Abstract Company's annual revenue at about $3.9M (likely between $2.6M and $4.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Adams Abstract Company worth?
- About $1.8M, roughly 2.8× its estimated EBITDA of $641K, typical for a law firms company its size. Likely range: $944K–$2.5M.
- How many employees does Adams Abstract Company have?
- About 19, as reported on its PPP loan.
- When was Adams Abstract Company founded?
- Adams Abstract Company has been in business since 1988.