Asim Chohan MD PC
How we got $2.8M
Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- Headcount down 85% since 2021 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
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.
Employees over time
▼ 85% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 13 | $2.9M |
| 2020 | Form 5500 | 11 | $2.4M |
| 2021 | Form 5500 | 13 | $2.9M |
| 2022 | Form 5500 | 8 | $1.8M |
| 2023 | Form 5500 | 1 | $222K |
| 2024 | Form 5500 | 2 | $444K |
| 2025 | Form 5500 | 2 | $444K |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ASIM CHOHAN MD PC this business | $3.5M | — |
| CAPLE A SPENCE, MD, PC Midwest City · 4 employees | $1.4M | 0.0 mi |
| Larry Bookman MD Midwest City | $1.5M | 0.0 mi |
| P David Margolis Md Pc Midwest City | $1.5M | 0.0 mi |
| Oklahoma Medical Specialists Oklahoma City | $1.5M | 0.0 mi |
| Luminary Dermatology Midwest City | $1.5M | 0.0 mi |
| Jerome P. Mathias, M.d. Midwest City | $1.5M | 0.0 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.8M |
| Estimate: the two combined (geometric mean) | $3.5M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $689K |
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 | $2.8M |
| Multiple for this size and industry | 4.1× |
| Value range | $1.5M – $3.9M |
| Revenue range | $2.3M – $4.0M |
| EBITDA range | $453K – $786K |
| Industry (NAICS) | Offices of Physicians (except Mental Health Specialists) (621111) |
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
- BankingGreat Plains National 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
| Great Plains National Bank PPP 2020, PPP 2021 | All 1,112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $151K | 10 |
| 1/17/2021 | second | $156K | 13 |
About Asim Chohan MD PC
Asim Chohan MD PC is a doctors & clinics company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $3.5M, with roughly $689K of EBITDA. It has about 2 employees. Its estimated business value is $2.8M (likely range $1.5M–$3.9M).
Common questions
- Who owns Asim Chohan MD PC?
- The owner of Asim Chohan MD PC 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 Asim Chohan MD PC make?
- SeeBITDA estimates Asim Chohan MD PC's annual revenue at about $3.5M (likely between $2.3M and $4.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Asim Chohan MD PC worth?
- About $2.8M, roughly 4.1× its estimated EBITDA of $689K, typical for a doctors & clinics company its size. Likely range: $1.5M–$3.9M.
- How many employees does Asim Chohan MD PC have?
- About 2, from its 2025 retirement-plan filing.