Equine Medical Associates, Inc
- J. Mike Johnston, DVMVeterinarian · Company website
- Logan Kembel-Whitfield, DVMAssociate Veterinarian · Company website
How we got $987K
Based on its 9 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 44% 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
Signs of a sale Unlikely to sell soon
- In business 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
What they do
Equine Medical Associates, Inc. is an equine veterinary practice in Edmond, Oklahoma, offering inpatient and outpatient care, 24-hour emergency field services, minor surgery and diagnostics for horses in central Oklahoma.
From the company's website. Industry: Veterinarians.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| EQUINE MEDICAL ASSOCIATES, INC this business | $1.8M | — |
| ZOETIC DESIGN LLC Edmond · 1 employees | $296K | 0.9 mi |
| JM VOLLBRECHT INC. Edmond · 1 employees | $617K | 1.1 mi |
| J K GATER & ASSOCIATES INC Edmond · 2 employees | $586K | 1.3 mi |
| FOCUSED SCHOOL PHOTOGRAPHY, LLC Edmond · 3 employees | $580K | 1.4 mi |
| DESIGN BUILD MASONRY LLC Edmond · 20 employees | $7.0M | 1.4 mi |
| BASLER & FARR, PLLC Edmond · 18 employees | $3.6M | 1.5 mi |
The full calculation
| Employees reported to the SBA | 9 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.7M |
| Estimate: the two combined (geometric mean) | $1.8M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $329K |
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 | $987K |
| Multiple for this size and industry | 3× |
| Value range | $519K – $1.4M |
| Revenue range | $1.2M – $2.1M |
| EBITDA range | $216K – $375K |
| Industry (NAICS) | Veterinary Services (541940) |
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
“Equine Medical Associates, Inc. was founded with one goal in mind - to improve the overall standard of excellence in equine medicine and surgery in central Oklahoma.”
Advisors
- BankingPrime 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
| Prime Bank PPP 2020 | All 79 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $57K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Equine Medical Associates, Inc
Equine Medical Associates, Inc is a veterinarians company in Edmond, Oklahoma, in business since 2002. Its estimated annual revenue is about $1.8M, with roughly $329K of EBITDA. It has about 9 employees. Its estimated business value is $987K (likely range $519K–$1.4M).
Common questions
- Who owns Equine Medical Associates, Inc?
- The owner of Equine Medical Associates, Inc 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 Equine Medical Associates, Inc make?
- SeeBITDA estimates Equine Medical Associates, Inc's annual revenue at about $1.8M (likely between $1.2M and $2.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Equine Medical Associates, Inc worth?
- About $987K, roughly 3× its estimated EBITDA of $329K, typical for a veterinarians company its size. Likely range: $519K–$1.4M.
- How many employees does Equine Medical Associates, Inc have?
- About 9, as reported on its PPP loan.
- When was Equine Medical Associates, Inc founded?
- Equine Medical Associates, Inc has been in business since 2002.