Elite Element Testing Lab LLC
How we got $1.1M
Based on 6 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
Estimated value over time
▲ 25% 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 |
|---|---|---|
| ELITE ELEMENT TESTING LAB LLC this business | $1.8M | — |
| Premier Primary Care Sallisaw | $1.8M | 7.0 mi |
| Dr. Rick Robbins Sallisaw | $1.8M | 7.2 mi |
| PRECISION DRUG SCREENING INC Muldrow · 5 employees | $1.0M | 11.0 mi |
| Bennie Frank Cheek Muldrow | $1.8M | 11.2 mi |
| Select Sonography Poteau | $1.8M | 20.8 mi |
| Hoffmans medical clinic Poteau | $1.8M | 22.5 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Industry revenue per employee | $180K |
| Revenue = employees × revenue per employee | $1.8M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $359K |
| Cross-check: revenue implied by PPP payroll | $265K |
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 | $1.1M |
| Multiple for this size and industry | 3× |
| Value range | $510K – $1.5M |
| Revenue range | $1.1M – $2.2M |
| EBITDA range | $212K – $425K |
| Industry (NAICS) | Medical Laboratories (621511) |
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
- BankingArmstrong 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 Roles are as stated there and may be out of date.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
| Armstrong Bank PPP 2020 | All 1,355 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $11K | 6 |
About Elite Element Testing Lab LLC
Elite Element Testing Lab LLC is a medical laboratories company in Sallisaw, Oklahoma. Its estimated annual revenue is about $1.8M, with roughly $359K of EBITDA. It has about 6 employees. Its estimated business value is $1.1M (likely range $510K–$1.5M).
Common questions
- Who owns Elite Element Testing Lab LLC?
- The owner of Elite Element Testing Lab 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 Elite Element Testing Lab LLC make?
- SeeBITDA estimates Elite Element Testing Lab LLC's annual revenue at about $1.8M (likely between $1.1M and $2.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Elite Element Testing Lab LLC worth?
- About $1.1M, roughly 3× its estimated EBITDA of $359K, typical for a medical laboratories company its size. Likely range: $510K–$1.5M.
- How many employees does Elite Element Testing Lab LLC have?
- About 6, as reported on its PPP loan.