Cate Chiropractic Center
How we got $849K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 23 years (since 2003)
- Founder still runs it after 23 years
From public records and the company's website, not a statement that it's for sale.
What they do
Cate Chiropractic is a Tulsa, OK chiropractic clinic serving the local community, with a focus on car accident and injury care along with general wellness.
From the company's website. Industry: Chiropractors & therapists.
Estimated value over time
▲ 38% 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
▼ 17% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 6 | $668K |
| 2020 | Form 5500 | 7 | $779K |
| 2021 | Form 5500 | 4 | $445K |
| 2022 | Form 5500 | 5 | $556K |
| 2023 | Form 5500 | 6 | $668K |
| 2024 | Form 5500 | 5 | $556K |
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 |
|---|---|---|
| CATE CHIROPRACTIC CENTER this business | $1.5M | — |
| Lisa Hart Lcsw Tulsa | $1.0M | 0.0 mi |
| Postpartum Clinic Of Tulsa Tulsa | $1.0M | 0.0 mi |
| Tulsa Counseling Group Tulsa | $1.0M | 0.0 mi |
| POWELL CHIROPRACTIC, P.C. Tulsa · 3 employees | $922K | 0.1 mi |
| Tulsa Medical & Rehab Tulsa | $1.0M | 0.1 mi |
| Dr. Anthony Economou Tulsa | $1.0M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $856K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.9M |
| Estimate: the two combined (geometric mean) | $1.5M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $283K |
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 | $849K |
| Multiple for this size and industry | 3× |
| Value range | $447K – $1.2M |
| Revenue range | $955K – $1.7M |
| EBITDA range | $186K – $323K |
| Industry (NAICS) | Offices of chiropractors (621310) |
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, 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 Oklahoma 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
| First Oklahoma Bank PPP 2020 | All 695 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $79K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cate Chiropractic Center
Cate Chiropractic Center is a chiropractors & therapists company in Tulsa, Oklahoma, in business since 2003. It is owned by Dr. Cate (Founder). Its estimated annual revenue is about $1.5M, with roughly $283K of EBITDA. It has about 5 employees. Its estimated business value is $849K (likely range $447K–$1.2M).
Common questions
- Who owns Cate Chiropractic Center?
- Cate Chiropractic Center is owned by Dr. Cate (Founder), according to public sources such as the company's website or filings.
- How much revenue does Cate Chiropractic Center make?
- SeeBITDA estimates Cate Chiropractic Center's annual revenue at about $1.5M (likely between $955K and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cate Chiropractic Center worth?
- About $849K, roughly 3× its estimated EBITDA of $283K, typical for a chiropractors & therapists company its size. Likely range: $447K–$1.2M.
- How many employees does Cate Chiropractic Center have?
- About 5, from its 2024 retirement-plan filing.
- When was Cate Chiropractic Center founded?
- Cate Chiropractic Center has been in business since 2003.