C Ray Butler, CPA, PLLC
How we got $126K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 30% 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 |
|---|---|---|
| C RAY BUTLER, CPA, PLLC this business | $187K | — |
| MCGUIRE & COMPANY P.C. Ardmore · 4 employees | $640K | 0.0 mi |
| James A. Chambers Ardmore | $736K | 0.0 mi |
| CHAMBERS AND JACKSON PC Ardmore · 4 employees | $788K | 0.0 mi |
| JBR CO-FINANCIAL MANAGEMENT INC. Ardmore · 6 employees | $1.4M | 0.1 mi |
| JACKSON, FOX, AND RICHARDSON PC Ardmore · 5 employees | $971K | 0.1 mi |
| CENTRAL OKLAHOMA BUSINESS SERVICE INC Ardmore · 3 employees | $549K | 0.1 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $207K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $129K |
| Estimate: the two combined (geometric mean) | $187K |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $43K |
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 | $126K |
| Multiple for this size and industry | 2.9× |
| Value range | $66K – $172K |
| Revenue range | $123K – $213K |
| EBITDA range | $29K – $49K |
| Industry (NAICS) | Offices of Certified Public Accountants (541211) |
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
- BankingFirst National Bank and Trust Company of ArdmorePPP / 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 Roles are as stated there and may be out of date.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
| First National Bank and Trust Company of Ardmore PPP 2020 | All 457 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 | $6K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About C Ray Butler, CPA, PLLC
C Ray Butler, CPA, PLLC is an accounting & tax company in Ardmore, Oklahoma, in business since 2019. Its estimated annual revenue is about $187K, with roughly $43K of EBITDA. It has about 1 employees. Its estimated business value is $126K (likely range $66K–$172K).
Common questions
- Who owns C Ray Butler, CPA, PLLC?
- The owner of C Ray Butler, CPA, 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 C Ray Butler, CPA, PLLC make?
- SeeBITDA estimates C Ray Butler, CPA, PLLC's annual revenue at about $187K (likely between $123K and $213K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is C Ray Butler, CPA, PLLC worth?
- About $126K, roughly 2.9× its estimated EBITDA of $43K, typical for a accounting & tax company its size. Likely range: $66K–$172K.
- How many employees does C Ray Butler, CPA, PLLC have?
- About 1, as reported on its PPP loan.
- When was C Ray Butler, CPA, PLLC founded?
- C Ray Butler, CPA, PLLC has been in business since 2019.