First Financial Network, Inc.
How we got $3.1M
Based on its 11 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 37 years (since 1989)
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
First Financial Network is a loan sale advisory firm that values and sells loan portfolios of financial institutions, offering buyers and sellers access to its loan sale platform.
From the company's website. Industry: All Other Professional, Scientific, and Technical Services.
Customers & suppliers
Customers
- Freddie Mac · named on its website
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- MidFirst Bank · Oklahoma City, 4 mi · $2.25B
- BancFirst · Oklahoma City, 7 mi · $785.7M
- InterBank · Oklahoma City, 3 mi · $369.1M
- Stride Bank, N.a. · Enid, 60 mi · $224.7M
- First Fidelity Bank · Oklahoma City, 4 mi · $161.7M
- HS-REAL ESTATE INC · Norman, 22 mi · $311.2M
- WATERMARK CANTERBURY, LLC · Oklahoma City, 3 mi · $132.9M
- COATES FIELD SERVICE, INC. · Oklahoma City, 5 mi · $107.7M
- PRICE EDWARDS & COMPANY, INC · Oklahoma City, 7 mi · $67.0M
- STEVEN B HOMES INC · Oklahoma City, 4 mi · $56.8M
Estimated value over time
▼ 13% 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
▲ 27% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 11 | $2.4M |
| 2020 | Form 5500 | 11 | $2.4M |
| 2021 | Form 5500 | 13 | $2.8M |
| 2022 | Form 5500 | 14 | $3.0M |
| 2023 | Form 5500 | 14 | $3.0M |
| 2024 | Form 5500 | 14 | $3.0M |
| 2025 | Form 5500 | 14 | $3.0M |
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 |
|---|---|---|
| FIRST FINANCIAL NETWORK, INC. this business | $4.5M | — |
| BRITTON ROAD VETERINARY CLINIC INC. Oklahoma City · 29 employees | $5.9M | 0.7 mi |
| OKLAHOMA SCHOOL PICTURES, LLC Oklahoma City · 33 employees | $9.0M | 1.0 mi |
| BLACK & WHITE MARKETING SOLUTIONS Oklahoma City · 1 employees | $650K | 1.2 mi |
| CITRUS ADVERTISING LLC Nichols Hills | $1.7M | 1.2 mi |
| VILLAGE ANIMAL HOSPITAL, INC Oklahoma City · 9 employees | $1.9M | 1.3 mi |
| RTS LLC Oklahoma City · 3 employees | $1.2M | 1.6 mi |
The full calculation
| Employees reported to the SBA | 11 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $3.0M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.1M |
| Estimate: the two combined (geometric mean) | $4.5M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $806K |
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 | $3.1M |
| Multiple for this size and industry | 3.8× |
| Value range | $1.6M – $4.2M |
| Revenue range | $3.0M – $5.1M |
| EBITDA range | $530K – $919K |
| Industry (NAICS) | All Other Professional, Scientific, and Technical Services (541990) |
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. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“As the first loan sale advisory firm, established in 1989, our longevity and repeat business are a testament to our ability to execute successful transactions that benefit our clients.”
Advisors
- BankingJPMorgan Chase Bank, National AssociationPPP / 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
| JPMorgan Chase Bank, National Association PPP 2020, PPP 2021 | All 993 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 | $218K | 11 |
| 3/10/2021 | second | $236K | 11 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About First Financial Network, Inc.
First Financial Network, Inc. is an all other professional, scientific, and technical services company in Oklahoma City, Oklahoma, in business since 1989. It is owned by Bliss Morris (CEO). Its estimated annual revenue is about $4.5M, with roughly $806K of EBITDA. It has about 14 employees. Its estimated business value is $3.1M (likely range $1.6M–$4.2M).
Common questions
- Who owns First Financial Network, Inc.?
- First Financial Network, Inc. is owned by Bliss Morris (CEO), according to public sources such as the company's website or filings.
- How much revenue does First Financial Network, Inc. make?
- SeeBITDA estimates First Financial Network, Inc.'s annual revenue at about $4.5M (likely between $3.0M and $5.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is First Financial Network, Inc. worth?
- About $3.1M, roughly 3.8× its estimated EBITDA of $806K, typical for a all other professional, scientific, and technical services company its size. Likely range: $1.6M–$4.2M.
- How many employees does First Financial Network, Inc. have?
- About 14, from its 2025 retirement-plan filing.
- When was First Financial Network, Inc. founded?
- First Financial Network, Inc. has been in business since 1989.