Elite Medical Billing Specialists, LLC
How we got $444K
Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 20% 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 | $1.1M |
| 2022 | Form 5500 | 7 | $1.3M |
| 2023 | Form 5500 | 9 | $1.7M |
| 2024 | Form 5500 | 8 | $1.5M |
| 2025 | Form 5500 | 7 | $1.3M |
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.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| ELITE MEDICAL BILLING SPECIALISTS, LLC this business | $1.4M | — |
| DARRELL L SCOTT INSURANCE COMPANY INC Ardmore · 1 employees | $484K | 43.5 mi |
| KEYSTONE MEDICAL SOLUTIONS, LLC Ada · 5 employees | $1.5M | 53.0 mi |
| HONEY CREEK CEDAR VILLAGE, LLC Davis · 2 employees | $618K | 54.2 mi |
| KINDFUL MANAGEMENT, LLC Ada · 6 employees | $1.8M | 60.4 mi |
| WYNNEWOOD TAG AGENCY LLC Wynnewood · 1 employees | $484K | 61.2 mi |
| SHIV MANAGEMENT LLC Pauls Valley · 20 employees | $6.7M | 68.7 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $746K |
| Estimate: the two combined (geometric mean) | $1.4M |
| EBITDA margin (industry, adjusted for size) | 13% |
| EBITDA = revenue × margin | $178K |
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 | $444K |
| Multiple for this size and industry | 2.5× |
| Value range | $234K – $607K |
| Revenue range | $899K – $1.6M |
| EBITDA range | $117K – $202K |
| Industry (NAICS) | Office Administrative Services (561110) |
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
- BankingFirst United Bank and 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 United Bank and Trust Company PPP 2020 | All 2,229 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/8/2020 | first | $34K | 6 |
About Elite Medical Billing Specialists, LLC
Elite Medical Billing Specialists, LLC is an office administrative services company in Durant, Oklahoma. Its estimated annual revenue is about $1.4M, with roughly $178K of EBITDA. It has about 7 employees. Its estimated business value is $444K (likely range $234K–$607K).
Common questions
- Who owns Elite Medical Billing Specialists, LLC?
- The owner of Elite Medical Billing Specialists, 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 Medical Billing Specialists, LLC make?
- SeeBITDA estimates Elite Medical Billing Specialists, LLC's annual revenue at about $1.4M (likely between $899K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Elite Medical Billing Specialists, LLC worth?
- About $444K, roughly 2.5× its estimated EBITDA of $178K, typical for a office administrative services company its size. Likely range: $234K–$607K.
- How many employees does Elite Medical Billing Specialists, LLC have?
- About 7, from its 2025 retirement-plan filing.