Armstrong Medical Practice, LLC
How we got $1.5M
Based on 8 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 23% 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 |
|---|---|---|
| ARMSTRONG MEDICAL PRACTICE, LLC this business | $2.4M | — |
| Compassus Owasso | $1.5M | 0.1 mi |
| JENNIFER L REYNOLDS DD PLLC Owasso · 4 employees | $2.1M | 0.1 mi |
| Denise B Johnson Owasso | $1.5M | 0.3 mi |
| Local Hospice Inc Owasso | $1.5M | 0.3 mi |
| Koenig Joseph H Md Owasso | $1.5M | 0.4 mi |
| Klotz Christopher Md Owasso | $1.5M | 0.4 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Industry revenue per employee | $222K |
| Revenue = employees × revenue per employee | $2.4M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $469K |
| Cross-check: revenue implied by PPP payroll | $610K |
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 | $1.5M |
| Multiple for this size and industry | 3.3× |
| Value range | $732K – $2.2M |
| Revenue range | $1.4M – $2.8M |
| EBITDA range | $277K – $555K |
| Industry (NAICS) | Offices of Physicians (except Mental Health Specialists) (621111) |
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
- BankingVast Bank, National AssociationPPP / 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 Roles are as stated there and may be out of date.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
| Vast Bank, National Association PPP 2020 | All 359 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 | $30K | 8 |
About Armstrong Medical Practice, LLC
Armstrong Medical Practice, LLC is a doctors & clinics company in Owasso, Oklahoma. Its estimated annual revenue is about $2.4M, with roughly $469K of EBITDA. It has about 8 employees. Its estimated business value is $1.5M (likely range $732K–$2.2M).
Common questions
- Who owns Armstrong Medical Practice, LLC?
- The owner of Armstrong Medical Practice, LLC 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 Armstrong Medical Practice, LLC make?
- SeeBITDA estimates Armstrong Medical Practice, LLC's annual revenue at about $2.4M (likely between $1.4M and $2.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Armstrong Medical Practice, LLC worth?
- About $1.5M, roughly 3.3× its estimated EBITDA of $469K, typical for a doctors & clinics company its size. Likely range: $732K–$2.2M.
- How many employees does Armstrong Medical Practice, LLC have?
- About 8, as reported on its PPP loan.