Bullard & Associates, PLLC
How we got $3.9M
Based on its 20 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
- In business 22 years (since 2004)
From public records and the company's website, not a statement that it's for sale.
What they do
Bullard & Associates is a law firm in Oklahoma City, OK, with 30+ years in business, offering workers compensation lawyer services that protect employers' interests.
From the company's website. Industry: Law firms.
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
▼ 15% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 20 | $5.6M |
| 2020 | Form 5500 | 17 | $4.7M |
| 2021 | Form 5500 | 16 | $4.4M |
| 2022 | Form 5500 | 16 | $4.4M |
| 2023 | Form 5500 | 16 | $4.4M |
| 2024 | Form 5500 | 16 | $4.4M |
| 2025 | Form 5500 | 17 | $4.7M |
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 |
|---|---|---|
| BULLARD & ASSOCIATES, PLLC this business | $7.0M | — |
| BURTON LAW GROUP, PC Oklahoma City · 10 employees | $2.8M | 0.0 mi |
| MARK SHORES, PLLC Oklahoma City · 2 employees | $648K | 0.0 mi |
| TIM D. CAIN PC Oklahoma City · 1 employees | $467K | 0.0 mi |
| WILSON, CAIN & ACQUAVIVA Oklahoma City · 19 employees | $7.1M | 0.0 mi |
| Mc Mahon & Hill Oklahoma City | $942K | 0.0 mi |
| Brandon J. Burton Oklahoma City | $942K | 0.0 mi |
The full calculation
| Employees reported to the SBA | 20 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.8M |
| Estimate: the two combined (geometric mean) | $7.0M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $1.1M |
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 | $3.9M |
| Multiple for this size and industry | 3.4× |
| Value range | $2.1M – $5.3M |
| Revenue range | $4.6M – $8.0M |
| EBITDA range | $754K – $1.3M |
| 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
Leadership
- DBDonald BullardSigned for the company · 2025 retirement-plan filing (Form 5500)
Advisors
- BankingCrossFirst 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
| CrossFirst Bank PPP 2020 | All 299 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $316K | 20 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Bullard & Associates, PLLC
Bullard & Associates, PLLC is a law firms company in Oklahoma City, Oklahoma, in business since 2004. It is owned by Don Bullard. Its estimated annual revenue is about $7.0M, with roughly $1.1M of EBITDA. It has about 17 employees. Its estimated business value is $3.9M (likely range $2.1M–$5.3M).
Common questions
- Who owns Bullard & Associates, PLLC?
- Bullard & Associates, PLLC is owned by Don Bullard, according to public sources such as the company's website or filings.
- How much revenue does Bullard & Associates, PLLC make?
- SeeBITDA estimates Bullard & Associates, PLLC's annual revenue at about $7.0M (likely between $4.6M and $8.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bullard & Associates, PLLC worth?
- About $3.9M, roughly 3.4× its estimated EBITDA of $1.1M, typical for a law firms company its size. Likely range: $2.1M–$5.3M.
- How many employees does Bullard & Associates, PLLC have?
- About 17, from its 2025 retirement-plan filing.
- When was Bullard & Associates, PLLC founded?
- Bullard & Associates, PLLC has been in business since 2004.