Advanced Tech Enterprises Inc
How we got $795K
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 30 years (since 1996)
- Founder still runs it after 30 years
From public records and the company's website, not a statement that it's for sale.
What they do
Advanced Tech Enterprises provides managed IT services and support for small businesses that lack an internal IT department, serving the Tulsa Metro Area.
From the company's website. Industry: IT & software.
Customers & suppliers
Suppliers & brands
- Symantec · brand it sells or installs
- Trend Micro · brand it sells or installs
- AVG/Avast · brand it sells or installs
Estimated value over time
▲ 37% 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 |
|---|---|---|
| ADVANCED TECH ENTERPRISES INC this business | $1.3M | — |
| NETCOM INNOVATIONS, LLC Tulsa · 2 employees | $725K | 2.4 mi |
| AMBITIOUS WEB SERVICES CORP Tulsa · 5 employees | $2.0M | 2.5 mi |
| MATRIXFORCE Tulsa · 6 employees | $3.2M | 2.5 mi |
| ELENS INC. Tulsa · 3 employees | $1.1M | 2.8 mi |
| IT RESOLUTIONS OF OKLAHOMA, LLC Tulsa · 3 employees | $963K | 2.9 mi |
| ONX, INC. Tulsa · 16 employees | $5.0M | 3.3 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $968K |
| Estimate: the two combined (geometric mean) | $1.3M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $265K |
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 | $795K |
| Multiple for this size and industry | 3× |
| Value range | $418K – $1.1M |
| Revenue range | $879K – $1.5M |
| EBITDA range | $174K – $302K |
| Industry (NAICS) | Custom Computer Programming Services (541511) |
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
- BankingSecurity 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
| Security Bank PPP 2020 | All 617 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $37K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Advanced Tech Enterprises Inc
Advanced Tech Enterprises Inc is an it & software company in Tulsa, Oklahoma, in business since 1996. It is owned by Ric Havlik (Founder). Its estimated annual revenue is about $1.3M, with roughly $265K of EBITDA. It has about 4 employees. Its estimated business value is $795K (likely range $418K–$1.1M).
Common questions
- Who owns Advanced Tech Enterprises Inc?
- Advanced Tech Enterprises Inc is owned by Ric Havlik (Founder), according to public sources such as the company's website or filings.
- How much revenue does Advanced Tech Enterprises Inc make?
- SeeBITDA estimates Advanced Tech Enterprises Inc's annual revenue at about $1.3M (likely between $879K and $1.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Advanced Tech Enterprises Inc worth?
- About $795K, roughly 3× its estimated EBITDA of $265K, typical for a it & software company its size. Likely range: $418K–$1.1M.
- How many employees does Advanced Tech Enterprises Inc have?
- About 4, as reported on its PPP loan.
- When was Advanced Tech Enterprises Inc founded?
- Advanced Tech Enterprises Inc has been in business since 1996.
- Is Advanced Tech Enterprises Inc for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 30 years (since 1996); founder still runs it after 30 years.