Certified Source Inc
How we got $13.3M
Based on its 300 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 23 years (since 2003)
From public records and the company's website, not a statement that it's for sale.
What they do
Certified Source is a staffing agency that recruits job seekers to fill open jobs and provides staffing solutions for employers, with a focus on manufacturing, warehouse and distribution facilities in Oklahoma.
From the company's website. Industry: Staffing & recruiting.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- SBM CORPORATION · Bixby, 11 mi · $20.9M
- SAME DAY TIRE AND AUTO REPAIR · Sapulpa, 14 mi · $18.7M
- TOMMY NIX AUTO GROUP LLC · Tahlequah, 53 mi · $15.8M
- DIGICUT LLC · Tulsa, 1 mi · $13.2M
- REPUTATION SERVICES & MANUFACTURING, LLC · Tulsa, 8 mi · $12.4M
Estimated value over time
▲ 44% 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 |
|---|---|---|
| CERTIFIED SOURCE INC this business | $27.4M | — |
| RESOURCED COLLECTIVE, LLC Tulsa · 4 employees | $581K | 0.9 mi |
| HOFFMAN BUSINESS ENTERPRISES INC Tulsa · 353 employees | $21.4M | 1.1 mi |
| HANINGER LLC Tulsa · 4 employees | $742K | 1.2 mi |
| EPG SERVICE SOLUTIONS LLC Tulsa · 141 employees | $14.1M | 1.2 mi |
| ABUNDANT SOLUTIONS, INC. Tulsa · 153 employees | $17.2M | 1.2 mi |
| RIGHT STAFF LLC Tulsa · 52 employees | $5.9M | 1.4 mi |
The full calculation
| Employees reported to the SBA | 300 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $29.3M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $19.7M |
| Estimate: the two combined (geometric mean) | $27.4M |
| EBITDA margin (industry, adjusted for size) | 9% |
| EBITDA = revenue × margin | $2.4M |
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 | $13.3M |
| Multiple for this size and industry | 5.5× |
| Value range | $7.0M – $18.1M |
| Revenue range | $18.0M – $31.3M |
| EBITDA range | $1.6M – $2.7M |
| Industry (NAICS) | Employment Placement Agencies (561311) |
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
“Certified Source was formed with the vision to deliver certifiable service that is a cut above the rest.”
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 |
|---|---|---|---|
| 4/5/2020 | first | $1.6M | 300 |
6 locations
| 4918 S 79th East Ave | Tulsa | This listing |
| 105 N Commerce St | Ardmore | View |
| 223 S Lynn Riggs Blvd Ste 100 | Claremore | View |
| 2000 N Classen Blvd Ste E200 | Oklahoma City | View |
| 3903 S Western Ave South | Oklahoma City | View |
| 3207 S Norwood Ave | Tulsa | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Certified Source Inc
Certified Source Inc is a staffing & recruiting company in Tulsa, Oklahoma, in business since 2003. Its estimated annual revenue is about $27.4M, with roughly $2.4M of EBITDA. It has about 300 employees. Its estimated business value is $13.3M (likely range $7.0M–$18.1M). It has 6 locations.
Common questions
- Who owns Certified Source Inc?
- The owner of Certified Source Inc 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 Certified Source Inc make?
- SeeBITDA estimates Certified Source Inc's annual revenue at about $27.4M (likely between $18.0M and $31.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Certified Source Inc worth?
- About $13.3M, roughly 5.5× its estimated EBITDA of $2.4M, typical for a staffing & recruiting company its size. Likely range: $7.0M–$18.1M.
- How many employees does Certified Source Inc have?
- About 300, as reported on its PPP loan.
- When was Certified Source Inc founded?
- Certified Source Inc has been in business since 2003.