Cogent Medical Laboratory, LLC
How we got $6.9M
Based on its 47 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 25% 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 |
|---|---|---|
| COGENT MEDICAL LABORATORY, LLC this business | $9.7M | — |
| Scott Ghere DO Tulsa | $1.7M | 0.6 mi |
| Dr. Richard Gordon MD Tulsa | $1.7M | 0.6 mi |
| Joel P. Slaughter, DO Tulsa | $1.7M | 0.7 mi |
| Christopher D. Jenkins, MD Tulsa | $1.7M | 0.7 mi |
| Jonathan T. Verdell, MD Tulsa | $1.7M | 0.7 mi |
| Michael C. Ledbetter, DO Tulsa | $1.7M | 0.7 mi |
The full calculation
| Employees reported to the SBA | 47 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $13.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.4M |
| Estimate: the two combined (geometric mean) | $9.7M |
| EBITDA margin (industry, adjusted for size) | 16% |
| EBITDA = revenue × margin | $1.5M |
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 | $6.9M |
| Multiple for this size and industry | 4.5× |
| Value range | $3.6M – $9.4M |
| Revenue range | $6.4M – $11.1M |
| EBITDA range | $1.0M – $1.7M |
| Industry (NAICS) | Medical Laboratories (621511) |
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
- BankingAmerican Bank and Trust CompanyPPP / 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 Roles are as stated there and may be out of date.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
| American Bank and Trust Company PPP 2020 | All 117 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $186K | 47 |
About Cogent Medical Laboratory, LLC
Cogent Medical Laboratory, LLC is a medical laboratories company in Tulsa, Oklahoma. Its estimated annual revenue is about $9.7M, with roughly $1.5M of EBITDA. It has about 47 employees. Its estimated business value is $6.9M (likely range $3.6M–$9.4M).
Common questions
- Who owns Cogent Medical Laboratory, LLC?
- The owner of Cogent Medical Laboratory, LLC 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 Cogent Medical Laboratory, LLC make?
- SeeBITDA estimates Cogent Medical Laboratory, LLC's annual revenue at about $9.7M (likely between $6.4M and $11.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cogent Medical Laboratory, LLC worth?
- About $6.9M, roughly 4.5× its estimated EBITDA of $1.5M, typical for a medical laboratories company its size. Likely range: $3.6M–$9.4M.
- How many employees does Cogent Medical Laboratory, LLC have?
- About 47, as reported on its PPP loan.