Credit Service, Inc
How we got $1.2M
Based on its 19 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▼ 13% 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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CREDIT SERVICE, INC this business | $3.3M | — |
| Collection Service International Oklahoma City | $1.1M | 0.0 mi |
| GWINN COSMEDICS Oklahoma City · 2 employees | $433K | 1.7 mi |
| Aggressive Recovery Oklahoma City | $1.3M | 1.9 mi |
| Executive Shorthand Reporters Of Ok Oklahoma City | $948K | 2.0 mi |
| DUBLIN ROYCE, INC Oklahoma City · 2 employees | $562K | 2.1 mi |
| Legalese Reporting Service Oklahoma City | $948K | 2.1 mi |
The full calculation
| Employees reported to the SBA | 19 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.6M |
| Estimate: the two combined (geometric mean) | $3.3M |
| EBITDA margin (industry, adjusted for size) | 12% |
| EBITDA = revenue × margin | $387K |
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× |
| Value range | $611K – $1.6M |
| Revenue range | $2.2M – $3.8M |
| EBITDA range | $255K – $442K |
| Industry (NAICS) | Collection Agencies (561440) |
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
- BankingFirst Enterprise 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 Roles are as stated there and may be out of date.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 Enterprise Bank PPP 2020, PPP 2021 | All 148 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/13/2020 | first | $113K | 19 |
| 2/12/2021 | second | $110K | 18 |
About Credit Service, Inc
Credit Service, Inc is a collection agencies company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $3.3M, with roughly $387K of EBITDA. It has about 19 employees. Its estimated business value is $1.2M (likely range $611K–$1.6M).
Common questions
- Who owns Credit Service, Inc?
- The owner of Credit Service, 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 Credit Service, Inc make?
- SeeBITDA estimates Credit Service, Inc's annual revenue at about $3.3M (likely between $2.2M and $3.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Credit Service, Inc worth?
- About $1.2M, roughly 3× its estimated EBITDA of $387K, typical for a collection agencies company its size. Likely range: $611K–$1.6M.
- How many employees does Credit Service, Inc have?
- About 19, as reported on its PPP loan.