Craig D. Carter & Associates, P.C.
- Barbara Carter-MesaTax/Accounting Manager · Company website
- Jessica MusshafenLegal Assistant · Company website
- Deborah McKinneyFirm Administrator · Company website
How we got $1.2M
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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
▲ 38% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 8 | $1.3M |
| 2020 | Form 5500 | 11 | $1.8M |
| 2021 | Form 5500 | 10 | $1.7M |
| 2022 | Form 5500 | 10 | $1.7M |
| 2023 | Form 5500 | 11 | $1.8M |
| 2024 | Form 5500 | 9 | $1.5M |
| 2025 | Form 5500 | 11 | $1.8M |
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.
What we know
Signs of a sale Likely to sell
- In business 29 years (since 1997)
- Founder still runs it after 29 years
- 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
Craig Carter & Associates, P.C. is an Edmond, Oklahoma firm offering accounting, tax and legal services to small business owners throughout the Oklahoma City Metroplex.
From the company's website. Industry: Accounting & tax.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- HS-REAL ESTATE INC · Norman, 28 mi · $311.3M
- WATERMARK CANTERBURY, LLC · Oklahoma City, 5 mi · $133.0M
- COATES FIELD SERVICE, INC. · Oklahoma City, 10 mi · $107.8M
- PRICE EDWARDS & COMPANY, INC · Oklahoma City, 13 mi · $67.1M
- QUAIL RIDGE SENIOR DEVELOPMENT, LLC · Oklahoma City, 5 mi · $61.4M
- LSB INDUSTRIES, INC · Oklahoma City, 9 mi · $615.2M
- DELAWARE RESOURCE GROUP OF OKLAHOMA, LLC · Oklahoma City, 5 mi · $339.7M
- SOUTHWESTERN WIRE INC · Norman, 33 mi · $312.5M
- AIRX CLIMATE SOLUTIONS, INC. · Yukon, 18 mi · $245.1M
- MERCER VALVE CO., INC. · Oklahoma City, 16 mi · $232.1M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CRAIG D. CARTER & ASSOCIATES, P.C. this business | $1.9M | — |
| JOSHUA JENSON CPA PC Edmond · 4 employees | $1.1M | 0.1 mi |
| Cbfc Edmond | $735K | 0.1 mi |
| ACCOUNTING BY CHANNING LLC Edmond · 1 employees | $168K | 0.5 mi |
| CPA Plus Edmond | $735K | 0.9 mi |
| FRANKIE DANEL, LLC Edmond · 1 employees | $282K | 0.9 mi |
| RALPH B RICHEY CPA PC Edmond · 4 employees | $668K | 0.9 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) | $1.9M |
| Estimate: the two combined (geometric mean) | $1.9M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $341K |
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 | $1.2M |
| Multiple for this size and industry | 3.5× |
| Value range | $628K – $1.6M |
| Revenue range | $1.3M – $2.2M |
| EBITDA range | $224K – $389K |
| Industry (NAICS) | Offices of Certified Public Accountants (541211) |
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
“Our firm was founded in 1997 with the mission to be the most trusted advisor to our clients.”
Advisors
- BankingKirkpatrick Bank, Customers 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
| Customers Bank PPP 2021 | All 220 borrowers → |
| 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 | $100K | 7 |
| 2/22/2021 | second | $100K | 8 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Craig D. Carter & Associates, P.C.
Craig D. Carter & Associates, P.C. is an accounting & tax company in Edmond, Oklahoma, in business since 1997. It is owned by Craig D. Carter (Founder). Its estimated annual revenue is about $1.9M, with roughly $341K of EBITDA. It has about 11 employees. Its estimated business value is $1.2M (likely range $628K–$1.6M).
Common questions
- Who owns Craig D. Carter & Associates, P.C.?
- Craig D. Carter & Associates, P.C. is owned by Craig D. Carter (Founder), according to public sources such as the company's website or filings.
- How much revenue does Craig D. Carter & Associates, P.C. make?
- SeeBITDA estimates Craig D. Carter & Associates, P.C.'s annual revenue at about $1.9M (likely between $1.3M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Craig D. Carter & Associates, P.C. worth?
- About $1.2M, roughly 3.5× its estimated EBITDA of $341K, typical for a accounting & tax company its size. Likely range: $628K–$1.6M.
- How many employees does Craig D. Carter & Associates, P.C. have?
- About 11, from its 2025 retirement-plan filing.
- When was Craig D. Carter & Associates, P.C. founded?
- Craig D. Carter & Associates, P.C. has been in business since 1997.
- Is Craig D. Carter & Associates, P.C. for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 29 years (since 1997); founder still runs it after 29 years; no family successor named on its website.