Cornerstone Chiropractic LLC
How we got $532K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Cornerstone Chiropractic is a chiropractic office in Enid, Oklahoma, led by Dr. John Conaway, serving people in Enid and surrounding communities.
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CORNERSTONE CHIROPRACTIC LLC this business | $989K | — |
| CAMPBELL THERAPY SERVICES, PLLC Enid · 1 employees | $261K | 1.0 mi |
| Advantage EyeCare Enid | $1.0M | 1.0 mi |
| SCOTT M CARLSON, OD, PC Enid · 6 employees | $1.3M | 1.0 mi |
| STACEY ANESTHESIA SERVICE LLC Enid · 1 employees | $430K | 1.0 mi |
| Body in Motion Chiropractic Enid | $1.0M | 1.1 mi |
| MEAGAN LIPPARD Enid · 1 employees | $158K | 1.1 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $857K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $878K |
| Estimate: the two combined (geometric mean) | $989K |
| EBITDA margin (industry, adjusted for size) | 22% |
| EBITDA = revenue × margin | $213K |
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 | $532K |
| Multiple for this size and industry | 2.5× |
| Value range | $280K – $728K |
| Revenue range | $650K – $1.1M |
| EBITDA range | $140K – $243K |
| Industry (NAICS) | Offices of chiropractors (621310) |
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
History & advisors
Advisors
- BankingCowboy 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
| Cowboy Bank PPP 2020 | All 286 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/3/2020 | first | $36K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cornerstone Chiropractic LLC
Cornerstone Chiropractic LLC is a chiropractors & therapists company in Enid, Oklahoma, in business since 2017. Its estimated annual revenue is about $989K, with roughly $213K of EBITDA. It has about 6 employees. Its estimated business value is $532K (likely range $280K–$728K).
Common questions
- Who owns Cornerstone Chiropractic LLC?
- The owner of Cornerstone Chiropractic 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 Cornerstone Chiropractic LLC make?
- SeeBITDA estimates Cornerstone Chiropractic LLC's annual revenue at about $989K (likely between $650K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cornerstone Chiropractic LLC worth?
- About $532K, roughly 2.5× its estimated EBITDA of $213K, typical for a chiropractors & therapists company its size. Likely range: $280K–$728K.
- How many employees does Cornerstone Chiropractic LLC have?
- About 6, as reported on its PPP loan.
- When was Cornerstone Chiropractic LLC founded?
- Cornerstone Chiropractic LLC has been in business since 2017.