Corning Management
How we got $2.1M
Based on its 15 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 22% 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 |
|---|---|---|
| CORNING MANAGEMENT this business | $2.9M | — |
| STACY G PRESLEY OD PLLC Ada · 1 employees | $279K | 0.0 mi |
| Kinetic Therapy Service Ada | $1.0M | 0.0 mi |
| DR. CHARLES W. GURLEY O.D., P.C. Ada · 8 employees | $1.7M | 0.1 mi |
| CORNING EYE CENTER Ada · 2 employees | $706K | 0.1 mi |
| Advanced Eye Care Ada | $1.0M | 0.1 mi |
| Rural Area Counseling Center Ada | $1.0M | 0.2 mi |
The full calculation
| Employees reported to the SBA | 15 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $2.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.5M |
| Estimate: the two combined (geometric mean) | $2.9M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $566K |
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 | $2.1M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.1M – $2.9M |
| Revenue range | $1.9M – $3.3M |
| EBITDA range | $372K – $645K |
| Industry (NAICS) | Offices of Optometrists (621320) |
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 Bank and Trust of Memphis, Citizens Bank of AdaPPP / 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 Roles are as stated there and may be out of date.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
| Citizens Bank of Ada PPP 2021 | All 171 borrowers → |
| First Bank and Trust of Memphis PPP 2020 | All 78 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $94K | 11 |
| 1/19/2021 | second | $94K | 15 |
About Corning Management
Corning Management is an offices of optometrists company in Ada, Oklahoma. Its estimated annual revenue is about $2.9M, with roughly $566K of EBITDA. It has about 15 employees. Its estimated business value is $2.1M (likely range $1.1M–$2.9M).
Common questions
- Who owns Corning Management?
- The owner of Corning Management 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 Corning Management make?
- SeeBITDA estimates Corning Management's annual revenue at about $2.9M (likely between $1.9M and $3.3M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Corning Management worth?
- About $2.1M, roughly 3.8× its estimated EBITDA of $566K, typical for a offices of optometrists company its size. Likely range: $1.1M–$2.9M.
- How many employees does Corning Management have?
- About 15, as reported on its PPP loan.