Devore & Wilkinson Tax Service LLC
How we got $5.7M
Based on its 8 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 27% 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 |
|---|---|---|
| DEVORE & WILKINSON TAX SERVICE LLC this business | $4.7M | — |
| LENARD RHONE INSURANCE AGENCY INC Mcalester · 5 employees | $7.9M | 36.8 mi |
| STUMPFF-COOKE & ASSOCIATES, LLC Bixby · 3 employees | $2.9M | 37.4 mi |
| BEST QUOTE INSURANCE AGENCY Mcalester · 3 employees | $4.7M | 37.5 mi |
| INDEPENDENT INSURANCE AGENCY LLC Mcalester · 2 employees | $1.3M | 37.7 mi |
| SHERIDAN ROAD GROUP, LLC Tulsa · 6 employees | $3.9M | 38.1 mi |
| HEALTHCARE SOLUTIONS GROUP INC Muskogee · 26 employees | $54.4M | 40.7 mi |
The full calculation
| Employees reported to the SBA | 8 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.6M |
| Estimate: the two combined (geometric mean) | $4.7M |
| EBITDA margin (industry, adjusted for size) | 27% |
| EBITDA = revenue × margin | $1.3M |
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 | $5.7M |
| Multiple for this size and industry | 4.5× |
| Value range | $3.0M – $7.8M |
| Revenue range | $3.1M – $5.4M |
| EBITDA range | $837K – $1.5M |
| Industry (NAICS) | Direct Property and Casualty Insurance Carriers (524126) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
- BankingSecurity 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 Roles are as stated there and may be out of date.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
| Security Bank PPP 2020, PPP 2021 | All 617 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $47K | 6 |
| 1/23/2021 | second | $47K | 8 |
About Devore & Wilkinson Tax Service LLC
Devore & Wilkinson Tax Service LLC is a direct property and casualty insurance carriers company in Henryetta, Oklahoma. Its estimated annual revenue is about $4.7M, with roughly $1.3M of EBITDA. It has about 8 employees. Its estimated business value is $5.7M (likely range $3.0M–$7.8M).
Common questions
- Who owns Devore & Wilkinson Tax Service LLC?
- The owner of Devore & Wilkinson Tax Service LLC 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 Devore & Wilkinson Tax Service LLC make?
- SeeBITDA estimates Devore & Wilkinson Tax Service LLC's annual revenue at about $4.7M (likely between $3.1M and $5.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Devore & Wilkinson Tax Service LLC worth?
- About $5.7M, roughly 4.5× its estimated EBITDA of $1.3M, typical for a direct property and casualty insurance carriers company its size. Likely range: $3.0M–$7.8M.
- How many employees does Devore & Wilkinson Tax Service LLC have?
- About 8, as reported on its PPP loan.