Copeland, Trotter & Norman P. C.
How we got $1.5M
Based on its 8 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 26 years (since 2000)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Copeland, Trotter & Norman, PC is a full-service CPA firm in Edmond, OK offering tax, business and financial planning services to business owners and individuals.
From the company's website. Industry: Accounting & tax.
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.
Employees over time
▼ 13% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 8 | $1.3M |
| 2020 | Form 5500 | 8 | $1.3M |
| 2021 | Form 5500 | 8 | $1.3M |
| 2022 | Form 5500 | 6 | $996K |
| 2023 | Form 5500 | 7 | $1.2M |
| 2024 | Form 5500 | 6 | $996K |
| 2025 | Form 5500 | 7 | $1.2M |
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 |
|---|---|---|
| COPELAND, TROTTER & NORMAN P. C. this business | $2.4M | — |
| BLOCH AND COMPANY, P.C. Edmond · 10 employees | $1.9M | 0.2 mi |
| PAPIN CPA PLLC Edmond · 5 employees | $886K | 0.2 mi |
| KEVIN L. MCGUIRE CPA, P.L.L.C. Edmond · 2 employees | $367K | 0.2 mi |
| CPA, PLC Edmond · 6 employees | $1.4M | 0.3 mi |
| Steinbach and Associates Edmond | $736K | 0.5 mi |
| Small Business Acctg & Tax Edmond | $736K | 0.5 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.1M |
| Estimate: the two combined (geometric mean) | $2.4M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $436K |
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 | $1.5M |
| Multiple for this size and industry | 3.5× |
| Value range | $803K – $2.1M |
| Revenue range | $1.6M – $2.8M |
| EBITDA range | $287K – $497K |
| Industry (NAICS) | Offices of Certified Public Accountants (541211) |
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
Leadership
- TNTravis NormanVice-President · Company website · source
Advisors
- BankingKirkpatrick 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
| Kirkpatrick Bank PPP 2020 | All 258 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/10/2020 | first | $164K | 8 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Copeland, Trotter & Norman P. C.
Copeland, Trotter & Norman P. C. is an accounting & tax company in Edmond, Oklahoma, in business since 2000. It is owned by Jacki Trotter (President). Its estimated annual revenue is about $2.4M, with roughly $436K of EBITDA. It has about 7 employees. Its estimated business value is $1.5M (likely range $803K–$2.1M).
Common questions
- Who owns Copeland, Trotter & Norman P. C.?
- Copeland, Trotter & Norman P. C. is owned by Jacki Trotter (President), according to public sources such as the company's website or filings.
- How much revenue does Copeland, Trotter & Norman P. C. make?
- SeeBITDA estimates Copeland, Trotter & Norman P. C.'s annual revenue at about $2.4M (likely between $1.6M and $2.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Copeland, Trotter & Norman P. C. worth?
- About $1.5M, roughly 3.5× its estimated EBITDA of $436K, typical for a accounting & tax company its size. Likely range: $803K–$2.1M.
- How many employees does Copeland, Trotter & Norman P. C. have?
- About 7, from its 2025 retirement-plan filing.
- When was Copeland, Trotter & Norman P. C. founded?
- Copeland, Trotter & Norman P. C. has been in business since 2000.