Banks, Gillett, & Gillett PLLC
How we got $215K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 26% 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 |
|---|---|---|
| BANKS, GILLETT, & GILLETT PLLC this business | $486K | — |
| CAMERON SPRADLING, PLLC Oklahoma City · 2 employees | $727K | 0.0 mi |
| GARY HIGGINBOTHAM PC Oklahoma City · 1 employees | $280K | 0.0 mi |
| REDMOND KEMETHER PC Oklahoma City · 2 employees | $687K | 0.0 mi |
| THE POTTS LAW OFFICE PLLC Oklahoma City · 2 employees | $727K | 0.0 mi |
| Shannonhouse Joseph G Oklahoma City | $943K | 0.0 mi |
| Deen & Garretson Law Oklahoma City | $943K | 0.0 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $614K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $296K |
| Estimate: the two combined (geometric mean) | $486K |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $113K |
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 | $215K |
| Multiple for this size and industry | 1.9× |
| Value range | $113K – $294K |
| Revenue range | $320K – $555K |
| EBITDA range | $74K – $129K |
| Industry (NAICS) | Offices of Lawyers (541110) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingLegacy 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 Roles are as stated there and may be out of date.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
| Legacy Bank PPP 2020, PPP 2021 | All 727 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/27/2020 | first | $11K | 2 |
| 3/2/2021 | second | $11K | 2 |
About Banks, Gillett, & Gillett PLLC
Banks, Gillett, & Gillett PLLC is a law firms company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $486K, with roughly $113K of EBITDA. It has about 2 employees. Its estimated business value is $215K (likely range $113K–$294K).
Common questions
- Who owns Banks, Gillett, & Gillett PLLC?
- The owner of Banks, Gillett, & Gillett PLLC 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 Banks, Gillett, & Gillett PLLC make?
- SeeBITDA estimates Banks, Gillett, & Gillett PLLC's annual revenue at about $486K (likely between $320K and $555K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Banks, Gillett, & Gillett PLLC worth?
- About $215K, roughly 1.9× its estimated EBITDA of $113K, typical for a law firms company its size. Likely range: $113K–$294K.
- How many employees does Banks, Gillett, & Gillett PLLC have?
- About 2, as reported on its PPP loan.