Advantec Solutions, Inc.
How we got $902K
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 Some signs of a sale
- In business 27 years (since 1999)
From public records and the company's website, not a statement that it's for sale.
What they do
Advantec Solutions is a managed IT services provider in Oklahoma City offering managed IT, cybersecurity, cloud and phone services to local businesses. It says it serves companies in all industries.
From the company's website. Industry: IT & software.
Customers & suppliers
Customers
- Avedis Foundation · named on its website
- Tulsa Fertility Center · named on its website
- Nash, Cohenour & Giessmann P.C · named on its website
- Oklahoma Americorps · named on its website
- Cord Construction · named on its website
- Mid-Continent Geological Library · named on its website
- Allfaith Homecare · named on its website
- White Rose Business Group · named on its website
- Ron Walters Construction · named on its website
- Fire Place Place · named on its website
- ID Specialists · named on its website
- W.L. McNatt & Company Construction · named on its website
Estimated value over time
▲ 73% 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 |
|---|---|---|
| ADVANTEC SOLUTIONS, INC. this business | $1.4M | — |
| DEEP FORK BUSINESS SOLUTIONS LLC Oklahoma City · 6 employees | $2.2M | 0.9 mi |
| HITECH ASSETS LLC Oklahoma City · 75 employees | $26.9M | 1.3 mi |
| SIGMA 6 TECHNOLOGIES, INC. Oklahoma City · 8 employees | $2.7M | 1.4 mi |
| EXPEDIENT DATA SERVICES, LLC Oklahoma City · 3 employees | $1.2M | 1.5 mi |
| DIGITAL SIX LABORATORIES, INC. Oklahoma City · 10 employees | $4.7M | 1.6 mi |
| SUMMIT TECHNOLOGY GROUP LLC Oklahoma City · 15 employees | $3.9M | 1.7 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $858K |
| Estimate: the two combined (geometric mean) | $1.4M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $251K |
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 | $902K |
| Multiple for this size and industry | 3.6× |
| Value range | $475K – $1.2M |
| Revenue range | $919K – $1.6M |
| EBITDA range | $165K – $286K |
| Industry (NAICS) | Other Computer Related Services (541519) |
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, 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
- BankingFirst United Bank and Trust CompanyPPP / 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
| First United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/29/2020 | first | $24K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Advantec Solutions, Inc.
Advantec Solutions, Inc. is an it & software company in Oklahoma City, Oklahoma, in business since 1999. Its estimated annual revenue is about $1.4M, with roughly $251K of EBITDA. It has about 4 employees. Its estimated business value is $902K (likely range $475K–$1.2M).
Common questions
- Who owns Advantec Solutions, Inc.?
- The owner of Advantec Solutions, 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 Advantec Solutions, Inc. make?
- SeeBITDA estimates Advantec Solutions, Inc.'s annual revenue at about $1.4M (likely between $919K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Advantec Solutions, Inc. worth?
- About $902K, roughly 3.6× its estimated EBITDA of $251K, typical for a it & software company its size. Likely range: $475K–$1.2M.
- How many employees does Advantec Solutions, Inc. have?
- About 4, as reported on its PPP loan.
- When was Advantec Solutions, Inc. founded?
- Advantec Solutions, Inc. has been in business since 1999.