Baumert, Cummings & Hiatt
- Derrin K. HiattSigns company filings · Form 5500 (2025)
How we got $416K
Based on its 5 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
▲ 0% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 5 | $1.4M |
| 2020 | Form 5500 | 5 | $1.4M |
| 2021 | Form 5500 | 5 | $1.4M |
| 2022 | Form 5500 | 5 | $1.4M |
| 2023 | Form 5500 | 5 | $1.4M |
| 2024 | Form 5500 | 5 | $1.4M |
| 2025 | Form 5500 | 5 | $1.4M |
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 |
|---|---|---|
| BAUMERT, CUMMINGS & HIATT this business | $1.1M | — |
| BDIW Law Ponca City | $948K | 0.0 mi |
| Miller Law Office Ponca City | $948K | 0.0 mi |
| Security Title Service Ponca City | $966K | 0.1 mi |
| Kay County Court Clerk Ponca City | $948K | 0.2 mi |
| Northcutt Paul E Ponca City | $948K | 0.2 mi |
| Collins Michael Ponca City | $948K | 0.2 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $707K |
| Estimate: the two combined (geometric mean) | $1.1M |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $219K |
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 | $416K |
| Multiple for this size and industry | 1.9× |
| Value range | $219K – $569K |
| Revenue range | $726K – $1.3M |
| EBITDA range | $144K – $249K |
| 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
History & advisors
Advisors
- BankingRCB 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
| RCB Bank PPP 2020 | All 1,690 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 | $31K | 5 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Baumert, Cummings & Hiatt
Baumert, Cummings & Hiatt is a law firms company in Ponca City, Oklahoma. Its estimated annual revenue is about $1.1M, with roughly $219K of EBITDA. It has about 5 employees. Its estimated business value is $416K (likely range $219K–$569K).
Common questions
- Who owns Baumert, Cummings & Hiatt?
- The owner of Baumert, Cummings & Hiatt 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 Baumert, Cummings & Hiatt make?
- SeeBITDA estimates Baumert, Cummings & Hiatt's annual revenue at about $1.1M (likely between $726K and $1.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Baumert, Cummings & Hiatt worth?
- About $416K, roughly 1.9× its estimated EBITDA of $219K, typical for a law firms company its size. Likely range: $219K–$569K.
- How many employees does Baumert, Cummings & Hiatt have?
- About 5, from its 2025 retirement-plan filing.