Barnes Law, PLLC
How we got $1.0M
Based on its 7 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.
Employees over time
▼ 43% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 7 | $1.9M |
| 2020 | Form 5500 | 7 | $1.9M |
| 2021 | Form 5500 | 6 | $1.7M |
| 2022 | Form 5500 | 4 | $1.1M |
| 2023 | Form 5500 | 4 | $1.1M |
| 2024 | Form 5500 | 4 | $1.1M |
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 |
|---|---|---|
| BARNES LAW, PLLC this business | $2.5M | — |
| Barnes Ronald Tulsa | $943K | 0.0 mi |
| John B. Nicks Tulsa | $943K | 0.0 mi |
| OKLAHOMA LITIGATION GROUP, LLC Tulsa · 3 employees | $850K | 0.0 mi |
| BDIW Law Tulsa | $943K | 0.1 mi |
| DANA L GISH PLLC Tulsa · 4 employees | $1.4M | 0.1 mi |
| Atty Glen Graham Criminal Defense Lawyer Tulsa | $943K | 0.1 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.6M |
| Estimate: the two combined (geometric mean) | $2.5M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $451K |
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 | $1.0M |
| Multiple for this size and industry | 2.3× |
| Value range | $546K – $1.4M |
| Revenue range | $1.7M – $2.9M |
| EBITDA range | $297K – $514K |
| Industry (NAICS) | Offices of Lawyers (541110) |
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
People & advisors
Advisors
- BankingMabrey 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
| Mabrey Bank PPP 2020, PPP 2021 | All 851 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $115K | 7 |
| 1/21/2021 | second | $97K | 5 |
About Barnes Law, PLLC
Barnes Law, PLLC is a law firms company in Tulsa, Oklahoma. Its estimated annual revenue is about $2.5M, with roughly $451K of EBITDA. It has about 4 employees. Its estimated business value is $1.0M (likely range $546K–$1.4M).
Common questions
- Who owns Barnes Law, PLLC?
- The owner of Barnes Law, 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 Barnes Law, PLLC make?
- SeeBITDA estimates Barnes Law, PLLC's annual revenue at about $2.5M (likely between $1.7M and $2.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Barnes Law, PLLC worth?
- About $1.0M, roughly 2.3× its estimated EBITDA of $451K, typical for a law firms company its size. Likely range: $546K–$1.4M.
- How many employees does Barnes Law, PLLC have?
- About 4, from its 2024 retirement-plan filing.