Crotts Lohrey & Associates, PLLC
How we got $912K
Based on its 12 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
- In business 15 years (since 2011)
From public records and the company's website, not a statement that it's for sale.
What they do
Crotts Lohrey & Associates, PLLC is a firm with Oklahoma City and Chickasha offices that describes itself as providing professional service and guidance to clients through a partnership-style relationship.
From the company's website. Industry: Accounting & tax.
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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| CROTTS LOHREY & ASSOCIATES, PLLC this business | $1.5M | — |
| CAMPAIGN TECHNOLOGY PROFESSIONALS LLC Oklahoma City · 3 employees | $367K | 0.1 mi |
| LUTON & CO PLLC Oklahoma City · 11 employees | $1.9M | 0.2 mi |
| SUE ELKINS CPA Oklahoma City · 2 employees | $295K | 0.4 mi |
| WYNONA BROOKS CPA A PROFESSIONAL CORP Oklahoma City · 3 employees | $668K | 0.4 mi |
| MARK BAHM CPA PC Oklahoma City · 4 employees | $712K | 0.4 mi |
| MARK WEINSTEIN, CPA, INC. Oklahoma City · 3 employees | $504K | 0.4 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.2M |
| Estimate: the two combined (geometric mean) | $1.5M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $261K |
Brought up to date: prices are 10% higher than in the benchmark's year and Oklahoma employment in this industry has grown 5% since 2020, both included above.
| Estimated value = EBITDA × typical sale multiple | $912K |
| Multiple for this size and industry | 3.5× |
| Value range | $547K – $1.4M |
| Revenue range | $1.1M – $1.9M |
| EBITDA range | $195K – $339K |
| 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
People & advisors
Advisors
- BankingFirst-Citizens Bank & Trust CompanyPPP / 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-Citizens Bank & Trust Company 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 |
|---|---|---|---|
| 4/13/2020 | first | $89K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Crotts Lohrey & Associates, PLLC
Crotts Lohrey & Associates, PLLC is an accounting & tax company in Oklahoma City, Oklahoma, in business since 2011. Its estimated annual revenue is about $1.5M, with roughly $261K of EBITDA. It has about 12 employees. Its estimated business value is $912K (likely range $547K–$1.4M).
Common questions
- Who owns Crotts Lohrey & Associates, PLLC?
- The owner of Crotts Lohrey & Associates, PLLC 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 Crotts Lohrey & Associates, PLLC make?
- SeeBITDA estimates Crotts Lohrey & Associates, PLLC's annual revenue at about $1.5M (likely between $1.1M and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Crotts Lohrey & Associates, PLLC worth?
- About $912K, roughly 3.5× its estimated EBITDA of $261K, typical for a accounting & tax company its size. Likely range: $547K–$1.4M.
- How many employees does Crotts Lohrey & Associates, PLLC have?
- About 12, as reported on its PPP loan.
- When was Crotts Lohrey & Associates, PLLC founded?
- Crotts Lohrey & Associates, PLLC has been in business since 2011.