Bacone College Inc
How we got $10.2M
Based on its 84 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Employees over time
▼ 85% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 84 | $8.5M |
| 2021 | Form 5500 | 13 | $1.3M |
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 |
|---|---|---|
| BACONE COLLEGE INC this business | $10.2M | — |
| OKLAHOMA GYMNASTICS ACADEMY, INC. Muskogee · 5 employees | $391K | 3.1 mi |
| OKIE ELITE LLC Muskogee · 5 employees | $295K | 3.3 mi |
| ELITE BEAUTY COLLEGE LLC Muskogee · 2 employees | $677K | 3.9 mi |
| SPLIT ARROW STUDIO LLC Warner · 1 employees | $164K | 18.0 mi |
| INSTITUTE FOR EXCELLENCE IN WRITING LLC Locust Grove · 52 employees | $12.1M | 20.6 mi |
| CHEER IT UP LLC Tahlequah · 12 employees | $564K | 21.0 mi |
The full calculation
| Employees reported to the SBA | 84 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $13.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $12.2M |
| Estimate: the two combined (geometric mean) | $10.2M |
| EBITDA margin (industry, adjusted for size) | 15% |
| EBITDA = revenue × margin | $1.5M |
Calibrated: revenue lowered to 69% of the industry-average estimate, to match what businesses in this industry actually report.
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.
| Revenue range | $6.7M – $11.7M |
| EBITDA range | $1.0M – $1.8M |
| Industry (NAICS) | Educational Services (611310) |
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
- BankingBancFirstPPP / 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
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $526K | 80 |
| 3/18/2021 | second | $557K | 84 |
About Bacone College Inc
Bacone College Inc is an educational services company in Muskogee, Oklahoma. Its estimated annual revenue is about $10.2M, with roughly $1.5M of EBITDA. It has about 13 employees.
Common questions
- Who owns Bacone College Inc?
- The owner of Bacone College 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 Bacone College Inc make?
- SeeBITDA estimates Bacone College Inc's annual revenue at about $10.2M (likely between $6.7M and $11.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does Bacone College Inc have?
- About 13, from its 2021 retirement-plan filing.