Coursey Enterprises, Inc.
How we got $4.4M
Based on its 20 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
- Headcount down 43% since 2023 (retirement plan filings)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 40% 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
▲ 30% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 20 | $20.7M |
| 2020 | Form 5500 | 23 | $23.8M |
| 2021 | Form 5500 | 28 | $28.9M |
| 2022 | Form 5500 | 32 | $33.1M |
| 2023 | Form 5500 | 46 | $47.5M |
| 2024 | Form 5500 | 25 | $25.8M |
| 2025 | Form 5500 | 26 | $26.9M |
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 |
|---|---|---|
| COURSEY ENTERPRISES, INC. this business | $14.9M | — |
| ULTIMATE HEALTHCARE EQUIPMENT, LLC Idabel · 2 employees | $1.7M | 0.2 mi |
| PREMIER MEDICAL RENTAL CORP Idabel · 3 employees | $2.4M | 1.0 mi |
| COMPLETE CARE MEDICAL, INC. Idabel · 21 employees | $15.3M | 1.1 mi |
The full calculation
| Employees reported to the SBA | 20 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $17.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $9.6M |
| Estimate: the two combined (geometric mean) | $14.9M |
| EBITDA margin (industry, adjusted for size) | 7% |
| EBITDA = revenue × margin | $1.0M |
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 | $4.4M |
| Multiple for this size and industry | 4.3× |
| Value range | $2.3M – $6.0M |
| Revenue range | $9.8M – $17.0M |
| EBITDA range | $671K – $1.2M |
| Industry (NAICS) | Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers (423450) |
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 State 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
| First State Bank PPP 2020 | All 268 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/14/2020 | first | $172K | 20 |
About Coursey Enterprises, Inc.
Coursey Enterprises, Inc. is a medical, dental, and hospital equipment and supplies merchant wholesalers company in Idabel, Oklahoma. Its estimated annual revenue is about $14.9M, with roughly $1.0M of EBITDA. It has about 26 employees. Its estimated business value is $4.4M (likely range $2.3M–$6.0M).
Common questions
- Who owns Coursey Enterprises, Inc.?
- The owner of Coursey Enterprises, 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 Coursey Enterprises, Inc. make?
- SeeBITDA estimates Coursey Enterprises, Inc.'s annual revenue at about $14.9M (likely between $9.8M and $17.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Coursey Enterprises, Inc. worth?
- About $4.4M, roughly 4.3× its estimated EBITDA of $1.0M, typical for a medical, dental, and hospital equipment and supplies merchant wholesalers company its size. Likely range: $2.3M–$6.0M.
- How many employees does Coursey Enterprises, Inc. have?
- About 26, from its 2025 retirement-plan filing.