Affordable Payroll Services
How we got $1.4M
Based on its 14 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 32% 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 |
|---|---|---|
| AFFORDABLE PAYROLL SERVICES this business | $2.2M | — |
| STOCKTON AND TRUDE TAX SERVICE INC Oklahoma City · 8 employees | $457K | 0.8 mi |
| WICKWARE BILLING SERVICE INC Midwest City · 1 employees | $242K | 1.6 mi |
| A-1 Accounting & Tax Services Midwest City | $736K | 1.8 mi |
| SHANNON A RAASCH CPA INC. Choctaw · 4 employees | $744K | 1.9 mi |
| EAGLEVIEW CONSULTING, INC. Midwest City · 2 employees | $351K | 2.1 mi |
| DAVID E CLAMPITT CPA INC PC Midwest City · 7 employees | $1.5M | 2.6 mi |
The full calculation
| Employees reported to the SBA | 14 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.5M |
| Estimate: the two combined (geometric mean) | $2.2M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $391K |
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 | $1.4M |
| Multiple for this size and industry | 3.5× |
| Value range | $720K – $1.9M |
| Revenue range | $1.4M – $2.5M |
| EBITDA range | $257K – $446K |
| Industry (NAICS) | Payroll Services (541214) |
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
- BankingCross River 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 Roles are as stated there and may be out of date.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
| Cross River Bank PPP 2020 | All 589 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $91K | 14 |
About Affordable Payroll Services
Affordable Payroll Services is an accounting & tax company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $2.2M, with roughly $391K of EBITDA. It has about 14 employees. Its estimated business value is $1.4M (likely range $720K–$1.9M).
Common questions
- Who owns Affordable Payroll Services?
- The owner of Affordable Payroll Services 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 Affordable Payroll Services make?
- SeeBITDA estimates Affordable Payroll Services's annual revenue at about $2.2M (likely between $1.4M and $2.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Affordable Payroll Services worth?
- About $1.4M, roughly 3.5× its estimated EBITDA of $391K, typical for a accounting & tax company its size. Likely range: $720K–$1.9M.
- How many employees does Affordable Payroll Services have?
- About 14, as reported on its PPP loan.