Cummins & Associates, P.C.
How we got $490K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Some signs of a sale
- In business 26 years (since 2000)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 24% 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
▲ 17% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 6 | $281K |
| 2022 | Form 5500 | 6 | $281K |
| 2023 | Form 5500 | 7 | $328K |
| 2024 | Form 5500 | 7 | $328K |
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 |
|---|---|---|
| CUMMINS & ASSOCIATES, P.C. this business | $727K | — |
| Western Union Lindsay | $736K | 0.4 mi |
| LISA K. BURCH, LLC Lindsay · 1 employees | $245K | 1.5 mi |
| MELISSA S. BRAMBLETT CPA P.C. Alex · 1 employees | $214K | 11.1 mi |
| K&K BOOKKEEPING & TAX SERVICE LLC Blanchard · 3 employees | $354K | 12.9 mi |
| SUSAN JENKINS CPA PLLC Purcell · 1 employees | $167K | 15.1 mi |
| AZTECH LUBRICANTS Wayne · 3 employees | $814K | 16.1 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $478K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $851K |
| Estimate: the two combined (geometric mean) | $727K |
| EBITDA margin (industry, adjusted for size) | 23% |
| EBITDA = revenue × margin | $169K |
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 | $490K |
| Multiple for this size and industry | 2.9× |
| Value range | $258K – $671K |
| Revenue range | $478K – $829K |
| EBITDA range | $111K – $193K |
| Industry (NAICS) | Tax Preparation Services (541213) |
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
- BankingThe First National Bank of LindsayPPP / 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
| The First National Bank of Lindsay PPP 2020, PPP 2021 | All 58 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $34K | 4 |
| 1/16/2021 | second | $61K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Cummins & Associates, P.C.
Cummins & Associates, P.C. is an accounting & tax company in Lindsay, Oklahoma, in business since 2000. Its estimated annual revenue is about $727K, with roughly $169K of EBITDA. It has about 7 employees. Its estimated business value is $490K (likely range $258K–$671K).
Common questions
- Who owns Cummins & Associates, P.C.?
- The owner of Cummins & Associates, P.C. 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 Cummins & Associates, P.C. make?
- SeeBITDA estimates Cummins & Associates, P.C.'s annual revenue at about $727K (likely between $478K and $829K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Cummins & Associates, P.C. worth?
- About $490K, roughly 2.9× its estimated EBITDA of $169K, typical for a accounting & tax company its size. Likely range: $258K–$671K.
- How many employees does Cummins & Associates, P.C. have?
- About 7, from its 2024 retirement-plan filing.
- When was Cummins & Associates, P.C. founded?
- Cummins & Associates, P.C. has been in business since 2000.