First Mate Business Solutions, LLC
How we got $551K
Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Estimated value over time
▲ 73% 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 |
|---|---|---|
| FIRST MATE BUSINESS SOLUTIONS, LLC this business | $927K | — |
| INSPIRIT LLC Oklahoma City · 10 employees | $3.4M | 0.3 mi |
| FRANKLIN GRAY PATENTS LLC Oklahoma City · 1 employees | $572K | 0.4 mi |
| PRACTICAL DATABASE SOLUTIONS, INC Oklahoma City · 7 employees | $2.8M | 0.7 mi |
| SAMPLES HOLDING CORP Oklahoma City · 1 employees | $572K | 1.0 mi |
| PINNACLE DATABASE SERVICES LTD Oklahoma City · 1 employees | $433K | 1.4 mi |
| IHUB HOSTINGS INC Oklahoma City · 2 employees | $509K | 1.6 mi |
The full calculation
| Employees reported to the SBA | 2 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $875K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $755K |
| Estimate: the two combined (geometric mean) | $927K |
| EBITDA margin (industry, adjusted for size) | 20% |
| EBITDA = revenue × margin | $184K |
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 | $551K |
| Multiple for this size and industry | 3× |
| Value range | $290K – $754K |
| Revenue range | $610K – $1.1M |
| EBITDA range | $121K – $210K |
| Industry (NAICS) | Other Computer Related Services (541519) |
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
People & advisors
Advisors
- BankingBOKF, 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 Roles are as stated there and may be out of date.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
| BOKF, National Association PPP 2020, PPP 2021 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $21K | 2 |
| 1/29/2021 | second | $19K | 2 |
About First Mate Business Solutions, LLC
First Mate Business Solutions, LLC is an it & software company in Oklahoma City, Oklahoma. Its estimated annual revenue is about $927K, with roughly $184K of EBITDA. It has about 2 employees. Its estimated business value is $551K (likely range $290K–$754K).
Common questions
- Who owns First Mate Business Solutions, LLC?
- The owner of First Mate Business Solutions, 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 First Mate Business Solutions, LLC make?
- SeeBITDA estimates First Mate Business Solutions, LLC's annual revenue at about $927K (likely between $610K and $1.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is First Mate Business Solutions, LLC worth?
- About $551K, roughly 3× its estimated EBITDA of $184K, typical for a it & software company its size. Likely range: $290K–$754K.
- How many employees does First Mate Business Solutions, LLC have?
- About 2, as reported on its PPP loan.